Blog: Building an MGA is not for the faint-hearted
RSA’s Steve Hedge looks at technology and traits for success in response to Insurance Age’s In-depth on MGAs.
Sam Barrett’s article posed the question of whether the growing MGA market is a bubble that is about to burst.
You don’t need to look very hard to find evidence of growth in the MGA sector. From new hires from prominent insurers to exciting start-ups, there is no doubt that MGAs are becoming a more conspicuous feature of the insurance landscape. But more permanent, too?
MGAs are jostling for space in a competitive environment and must justify their existence, both to brokers and their insurer
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