Managing general agents (MGAs)
Atec Group chief reveals plan to grow business
Brendan Devine, CEO of Atec Group, has told Insurance Post the foundations are in place to achieve £25m in turnover in 2024 with growth coming from non-standard home insurance.
How AI is transforming Aurora’s underwriting
Bijal Patel, co-founder of Aurora, explains how the MGA is leading the way in taking a data science approach to underwriting and what skills insurers need to develop.
Trade Voice: MGAA’s Mike Keating on why collaboration is key to delivering claims outcomes
Mike Keating, CEO of the Managing General Agents’ Association, examines why more than half of MGAs think improvements to claims processes are needed.
Diary of an Insurer: Schemeserve’s James McNab
James McNab, a Wunderwriter at Schemeserve, trains for Lanzarote endurance running events, delivers obsessive support to brokers and MGAs, keeps his finger on the pulse of product development, and loves elevenses.
Top 75 MGAs 2023: £60m - £80m
Animal Friends, Arch Capital Group, Ardonagh Group, and Gallagher achieved MGA/MGU revenues between £60m and £80m from UK-based non-life risks in 2022.
Top 75 MGAs: Ardonagh
Ardonagh's main MGA-MGU activities dealing in UK-based non-life risks in 2022 included Geo Underwriting, Midas Underwriting, Thames Underwriting and Uris Group.
Top 75 MGAs 2023: £20m - £30m
Brown & Brown, Countrywide Legal Indemnities, Prestige Underwriting, Ripe, Simply Business and Zego achieved MGA/MGU revenues between £20m and £30 from UK-based non-life risks in 2022.
Top 75 MGAs 2023: £30m - £40m
AutoProtect, Avantia, CFC Group, EGV (Holdings), Howden Group Holdings, and PIB Group achieved MGA/MGU revenues between £30m and £40 from UK-based non-life risks in 2022.
Top 75 MGAs 2023: £40m - £60m
ICW Insurance Services, Many Group, and Nexus Underwriting achieved MGA/MGU revenues between £40m and £60m from UK-based non-life risks in 2022.
Top 75 MGAs 2023: £80m - £100m
Markerstudy and Policy Expert achieved MGA/MGU revenues between £80m and £100m from UK-based non-life risks in 2022 earning the companies top billing in Insurance Post's Top 75 MGAs 2023 list.
View from the Top: Bspoke’s Tim Smyth on inflation challenging MGAs
Tim Smyth, CEO of Bspoke Group (formerly UK General), says MGAs need to make their voices heard and engage regulators and policyholders on the challenges facing the sector.
Simon McGinn appointed Dual UK CEO
Simon McGinn has been appointed as CEO of Dual Group’s UK business, as the Howden-owned managing general agent looks to more than double the premium it writes.
Trade Voice: MGAA’s Keating on why these are exciting times for MGAs
Mike Keating, CEO of the Managing General Agents Association, says the sector remains buoyant.
Resilience to build out UK and Europe operations after $100m funding round
Cyber MGA Resilience is set to build out its operations in the UK and Europe following a $100m (£78.9m) Series D funding round.
Diary of an Insurance PR: Full Circle’s Ant Gould
Ant Gould, director of Full Circle Communications, ghost-writes, pens press releases, reviews award entries and even puts on his tie to moderate an industry conference.
Start-up MGA platform sees surge in interest
Andy Colbran, CEO of NuVenture, said there has been a surge in interest in setting up managing general agents post Covid-19 pandemic, but his business would only consider investing in less than 10% of the plans he sees.
Could a motor insurance crisis become a political storm?
Content director's view: As Zurich pulls out of the personal lines broker market, and with motor far from being flavour of the month for investors and capacity providers, Jonathan Swift asks could a combination of withdrawals and lack of new competition…
Bridgehaven negotiating with 40 MGAs following PRA approval
Fronting insurer Bridgehaven Insurance will focus on underwriting medium-sized businesses and is in dialogue with 40 managing general agents, CEO Paul Jewell told Insurance Post.
Zurich to focus on HNW, MGAs and partnerships as it pulls out of broker PL
Zurich UK has today announced plans to refocus its personal lines home and motor business to concentrate on high-net-worth through Zurich Private Clients, alongside its MGA and partnership channels.
Best Insurance Employer: Pen Underwriting
Pen Underwriting achieved a four-star rating in this year’s Insurance Post Best Insurance Employers list, with staff praising managers they can respect and trust.
MGA service superior compared with ‘monolithic’ insurer approach
Standards have slipped for “big household name” insurers and MGAs have stepped up to offer a “tailor-made” service which is making them the partner of choice, brokers have revealed.
Intangic boss calls MGAs the R&D of cyber insurance
The managing general agent model allows the insurance industry to more easily draw on cybersecurity expertise from outside the sector, according to Intangic CEO Ryan Dodd.
RSA poised to launch partnership with cyber MGA Resilience
RSA is preparing to launch a cyber proposition with US-based managing general agent Resilience, the insurer’s UK specialty boss has said.
Wallife launches digital identity theft insurance in the UK
Italian MGA Wallife has identified a big protection gap in the UK insurance market and has launched its digital identity solution to protect consumers.