MGA Analysis – Page 3
-
IT InterviewMandy Hunt: The leader steering Clear Group’s MGA ambitions from ‘outside my comfort zone’
The broker and insurer alumnus is now firmly in the MGA market, with big plans around post-acquisition rebranding and new business incubation set to be delivered in the next 12 months
-
IT InterviewTom Downey: Pen Underwriting aims to be £1.75bn GWP business by 2030
Despite a raft of new product launches this year, the MGA’s chief executive anticipates that the majority of the firm’s GWP growth will come from ‘thoughtful’ acquisitions
-
News AnalysisCiaran Astin: Howden-owned KGM to ‘double in size’ as part of Dual UK growth push
‘Our ambition is to double the business in the medium term,’ says chief personal lines officer and managing director
-
News AnalysisIn Focus: The ‘very real challenge’ of MGA capacity amid soft market cycle – how can MGAs stand out?
’There is an inevitable pressure on firms to demonstrate how they can better manage their underwriting portfolios,’ says managing director
-
News AnalysisMGAs boost productivity as profits and growth come under pressure
Insurance DataLab shares exclusive insight from its soon to be published MGA Performance Report 2025, revealing the top performing firms in this industry subsector
-
News AnalysisIn Focus: Underwriting is the lifeblood of MGAs, but claims service must not be ignored
’Most MGAs aren’t huge and haven’t really got the infrastructure to manage claims. They’re focused on underwriting, so partnering with TPAs is critical to not having to worry about managing claims,’ says underwriting development manager
-
AnalysisIn Focus: Are brokers relying too heavily on MGAs to place niche risks and is this impacting market competitiveness?
The rise of MGAs has transformed the broker landscape over the past decade, with a Prestige Underwriting survey revealing that 42% of brokers turn to MGAs as their first port of call for placing non-standard risks. But what are the implications of a potential shift into overreliance on MGAs and ...
-
News AnalysisIn Focus: Is the Covid linked business interruption claims backlog still an issue for UKGI?
Five years on from the onset of the Covid-19 pandemic, Insurance Times asks insurance experts whether business interruption claims linked to the lockdowns are still causing challenges for insurers and what the scope of the potential backlog is
-
News AnalysisTechTalk: Agentic AI presents a sink or swim moment for insurance sector
The rise of agentic AI is the world’s next major technological shift – but can the UKGI sector grasp the opportunity this tool presents?
-
News AnalysisBriefing: What is the real blocker to innovation in UKGI?
As a clue, it is not technology that is hampering creative innovation and new ideas in the UK general insurance industry
-
News AnalysisTechTalk: The broker opportunity to fill a cover gap around commercial drone use
’Small, low value drones can perform a pretty high level of professional services at a fraction of the cost of what you would have had to do previously,’ says head of class
-
IT InterviewAlex Jomaa: Brokers ‘have been let down by insurers’ on customer cyber education
’What you have to keep in mind about the cyber crime industry is that it is an industry, that it is hugely lucrative and is dependent upon skilled technicians to deliver the various stages of an attack with different skill sets,’ says CUO
-
News AnalysisOpinion: Soft market set to showcase true service standards
Although soft market conditions may make it easier to place risks thanks to confident capacity, challenges remain around broker income and getting clients to trust such fluctuating premium price points
-
News AnalysisThe Big Question: How can insurance firms stay competitive and differentiate themselves in a soft market?
As softening market rates proliferate, Insurance Times quizzes industry experts on how firms can stay ahead of the pack amid premium price dips
-
News AnalysisIn Focus: How should UKGI underwrite emerging technologies like VR gaming and advanced robotics?
According to TechUK, more than 400,000 articles about artificial intelligence were published in UK media across 2023 – but how is the insurance sector seeking to underwrite uncharted tech tools such as robotics and virtual reality worlds?
-
News AnalysisCan younger employees unlock industry innovation?
More experience staff might be ‘set in their ways’, while younger hires typically approach new roles with ‘an open mind’, therefore spearheading innovation, says insurtech chief executive
-
News AnalysisWhy the insurance industry must do more to retain female talent
’It became clear that there were networks of men who supported each other and it was potentially harder for me to break through because I wasn’t part of their tribe,’ says chief executive
-
IT InterviewDarren Galloway: Broker service key for newly launched MGA
’We’re trying to bring together traditional underwriting, traditional service [and] access to highly experienced and knowledgeable underwriters, but with a modern spin,’ says managing director
-
IT InterviewLuisa Barile: ManyPets targeting growth in lucrative UK market
’We have a very clear plan on growing the UK and [are] now focusing on capturing that growth,’ says group chief executive
-
News AnalysisIn Focus: New public-private partnership opens door to new counter fraud capabilities
’The government did talk about whether they might be able to do something about minimum levels of sentencing for convicted fraudsters,’ says chief fraud and financial crime officer
