Carriers acknowledge that MGAs are ‘much quicker’ than them ‘from a service perspective’ – however, they do not believe these firms will ‘entirely take over’ underwriting to replace them
Insurers attending Insurance Times’ exclusive Broker CEO Forum event on 14 November 2024 told attending broker bosses that they “heart MGAs” – in part because these businesses are “much quicker from a service perspective” and “add masses of value” through demonstrating niche market specialisms.
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