We are pleased to present our report Which way now? Is the UK MGA market at a crossroads?
The UK Managing General Agent (MGA) sector has seen significant growth in recent years. In part as a response to the longest soft market the industry has known, the use of MGAs has become a popular route for carriers to generate top-line growth. As a result, the size of the UK's MGA market has grown to £4.7 billion – around 10% of the country's general insurance premiums.
Based on a survey and interviews with leading insurance carriers and MGAs and insights from Clyde & Co's MGA team, this report looks at the issues and challenges facing the sector, and shines a light on its future direction.