Why are HNW MGAs dropping like flies?

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After numerous MGAs operating in the high-net-worth space have either been sold or gone into run-off over the last few years, Scott McGee asks what does it take to survive in this space?

As Tara Parchment, head of private clients at Brit, says: “It’s been a very interesting period in high-net-worth.”

Earlier this month, Insurance Post revealed Munich Re had put its private clients MGA

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Five charged over collapse of law firm Axiom Ince

The Serious Fraud Office has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money.

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