Analysis

In Focus: MGAs are undoubtedly ‘the sexy side of insurance’ - but what is driving their increasing relevance?

By 2022-11-07T12:12:00

on the rise

The advantages that MGAs can provide to the insurance sector in a rapidly changing world could help the industry stay relevant

Managing general agents (MGAs) are on the rise.

In terms of their relevance to the future of insurance and the premiums they underwrite, MGAs’ growth is accelerating as the insurance sector increasingly recognises the benefits these businesses can bring when it comes to accessing harder to reach, niche areas of the market.

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