The role of MGAs in the value chain
Blog: The number of managing general agents in the UK has exploded in recent years, and it’s a trend that shows no sign of slowing down. Andy Colbran, CEO Of Nuventure, questions what is driving this growth, and is it due to the fact that MGAs are providing value that cannot be found elsewhere in the market?
The popularity of MGAs can be explained by a number of factors. There is the need to employ new technology in the risk selection and underwriting process, which many large insurance entities find
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