Trade body wants 100 members by year end

The Managing General Agents Association (MGAA) has elected a board and laid out its plans for the year.

The MGAA board for the next two years is:

  • Reg Brown – MGAA chair
  • Charles Earle - Arista Insurance chief executive
  • Brian Russell – APC Underwriting chief executive
  • Nicholas Hales – R&Q MGA chief executive
  • James Gerry – GB Underwriting chairman
  • Jonathan Davey – Keychoice Underwriting managing director

Thistle Insurance Services chief underwriting officer Paul Drake and OIM Underwriting managing director Sian Fisher have also been appointed as directors to represent the two largest MGAA members by gross written premium income.

Other board members are Lloyd’s regional manager for the UK & Ireland Keith Stern to represent MGAA supplier members and Kiln group business development director Roger Bickmore to represent insurer members.

The new board has been elected to replace the unelected temporary board of directors which included Ink Insurance managing director Mike Smith and former Jubilee chief executive Andreas Loucaides.

Brown said: “On our launch on 1st September 2011 the original steering committee became the new board of directors. In November we co-opted Mike Smith and Nicholas Hales to join the board as member representatives and Andreas Loucaides as insurer representative. These new board members helped give us impetus.

The MGAA wants to sign up 100 full members and increase the number of insurer members by the end of this year. The organisation has 44 MGA members, 16 insurer members and 19 supplier members.

The trade body is planning to campaign to separate MGAs from being classed alongside brokers by the regulator.