All MGAA articles – Page 2
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News Analysis
In Focus: MGAs are undoubtedly ‘the sexy side of insurance’ - but what is driving their increasing relevance?
The advantages that MGAs can provide to the insurance sector in a rapidly changing world could help the industry stay relevant
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News Analysis
In Focus: How can MGAs entice insurers to provide capacity amid challenging market conditions?
Three industry experts discuss how MGAs can make themselves as attractive as possible to capacity providers amid hard market indicators
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Analysis
MGAA targeting ‘every MGA in the UK and Ireland’ for membership
The trade body’s ‘clear objective’ is to provide ‘relevant’ support and content for both its current and future members
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IT Interview
MGA Q&A: MGAs must continue to invest in AI and data enrichment - Mike Keating
Mike Keating, chief executive of the Managing General Agents’ Association, tells Insurance Times why claims inflation is ‘the elephant in the room’
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Analysis
Briefing: MGAs still bullish as capacity crunch bites
Tentative insurers are keeping capacity close to home, but relearning to share the pen with MGAs could answer brokers’ prayers in providing innovative propositions for evolving client risks
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News
Technology implementation is ‘do or die’ for insurance sector
Brokers ‘need to get real’ about consumer expectations, say experts
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News
MGAs can help ‘keep insurance relevant’ – David Howden
The insurance sector’s reputation has suffered as a result of the Covid-19 pandemic, which MGAs could help remedy, says chief executive
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News
‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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News
MGAA welcomes two new members to its board
The hires bring over a collected 55 years of insurance industry experience to the team
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Analysis
In Focus: How buoyant is capacity in the HNW market post-pandemic?
Industry experts debate capacity in the high net worth (HNW) sector following the Covid-19 pandemic, Brexit and a slew of pricing regulation from the FCA
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News
Flood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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Features
Brokers and LEI providers must ‘bridge the access to justice gap’ for personal injury claimants
Poor usability of the OIC portal and solicitors’ cherry-picking cases has left claimants in a vicious circle
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News
Trade bodies band together to create standardised product governance assessment form
Without cross-market guidance, the new rules had the potential to ‘snowball into an unmanageable administrative burden’ for insurance market participants, says LMA head of regulatory affairs
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Analysis
Machine learning ‘is part of the answer’ in improving insurance services
MGAs are leading the pack to invest in machine learning, working to ‘deploy it far quicker into their distribution and into their business than insurers will’
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News
Six insurance associations sign open letter to MP ahead of Autumn Budget
The letter argues that the funding proposed is ’extremely important’ in continuing the trend of the UK being a leader in insurance innovation
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News
MGAA names first Republic of Ireland member
The MGAA’s chief executive says the association’s ‘ultimate aim’ is to help MGAs in the Republic of Ireland
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IT Interview
Mike Keating: ‘Opportunity knocks’ for MGAs post-pandemic as technology becomes key
The MGAA chief executive is optimistic about the future for MGAs and says there is an opportunity for technology companies to work with them
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Features
In Focus: What are your concerns regarding the longevity and stability of capacity arrangements for MGAs?
Three industry experts discuss capacity arrangements in the MGA market, outlining innovative future options and current frustrations
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Features
In Focus: Data is a ‘hygiene factor’ for MGAs, but claims handling lagging behind technological curve
The insurance industry is sitting on mountains of data – used wisely, it could be the silver bullet that makes an MGA successful
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News
MGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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