Analysis

Should a bespoke regulatory framework be introduced for MGAs?

By 2025-09-10T07:00:00

MGA regulation

‘This isn’t about reducing oversight – it’s about right-sizing it to ensure that regulation supports, rather than hinders, the MGA model,’ says chief executive

Over the past few years, there have been strong calls from the intermediary community for MGAs to be regulated under a separate framework from traditional insurers.

Under current regulations, the FCA guidelines apply to MGAs, brokers and all other types of insurance intermediaries in the same way.

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