C-Suite: MGAs must attract top talent
There are currently three kinds of managing general agents: broker‑driven ones that are used to prop up broker revenue streams; MGAs supported by one carrier, normally mono-product and geography; and the multi-product and wide geographic MGA supported by various carriers.
It is the third model the MGA sector needs to move towards in order to become a respected long-term member of the insurance industry.
The key to this is recruiting the best underwriting and
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