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Innovation abounds opportunities for growth in the global MGA market

October 2024

Available to read now! The first Global Insurance Law Connect (GILC) report on the Managing General Agent (MGA) market.

MGAs have long been a thriving part of the mainstream global insurance market, providing a unique environment for new insurance ideas and allowing small teams to innovate and demonstrate agile approaches to service and claims. MGAs can also enable start-up entrepreneurial underwriting teams to gain backing from good quality capacity without the need to be directly regulated.

In this report, members of the GILC network provided analysis of MGA activity in their jurisdictions, highlighting the variations in approach taken by the insurance markets in 18 different countries.

This was first published by Global Insurance Law Connect October 2024.

GILC MGA report October 2024

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