Managing general agents (MGAs)
Data evolution is needed to become the Amazon of insurance, says Tim Smyth
Tim Smyth, CEO of UK General Insurance, says the key to Amazon’s success lies in its use of data, and that brokers and managing general agents must invest in their own data capabilities if they want to replicate the multinational’s success.
Nuventure’s product recall MGA intends to be permanent addition to the market and not a ‘disruptor’
Founder of product recall managing general agent Bluniche, said he wants the company to be a respected pillar of the recall market and not a “disruptor”.
Trade Voice: MGAA’s Mike Keating calls for more egalitarian relationships between insurers and MGAs
Mike Keating, CEO of the Managing General Agents’ Association, argues that it's time for insurers to recognise the contribution of MGAs to the insurance sector, and those that 'give away the pen' are reaping the rewards.
Claims Apprentice 2022: Episode Six – The interviews
With the three team tasks now completed, it is time for the six candidates to step out on their own and talk about the overall experience with Christopher Dunn, sponsor Kennedys’ own Alan Sugar.
British Insurance Awards 2022: General Insurer of the Year - Zurich Insurance
Heralded for delivering great service and results, Zurich was crowned General Insurer of the Year.
British Insurance Awards 2022: Managing General Agent of the Year - Rokstone
Rokstone’s ambitious growth plan caught the judges’ attention with some impressive stats including treble-digit growth in gross written premiums, and development and 100% retention in its entrepreneurial carrier partnerships model.
British Insurance Awards 2022: Specialist Insurance Company of the Year - Axis Insurance International
The judges commended Axis Insurance International for its strong performance and growth, and success in realigning its business following the Novae integration.
British Insurance Awards 2022: Insurance Personality of the Year - Aviva group CEO Amanda Blanc
From her advocacy over climate change to calling out sexist shareholders; from delivering a bumper result to re-energising Aviva as an acquirer - and not a seller, Amanda Blanc’s passion and integrity saw her crowned Insurance Personality of the Year
David Howden: MGAs have come of age and are 'outperforming' the market
MGAs are driving change and innovation in the insurance industry and are vital in keeping the industry up to speed with key issues facing insurers right now.
Watch Aviva, Policy Expert and others discuss how insurers ‘level up’ to respond to market challenges and the pressure to drive profitable growth at a lower cost
Climate change. Inflation. demanding consumers. regulation. M&A activity. Insurance looks nothing like it did a decade – or even five years ago.
Blog: Why a collaborative approach for MGAs will be key for philanthropy
Jamil Elbahou, CEO and chief underwriting officer at Connect Underwriting, and board member of the International Insurance Charitable Foundation, considers how, when working for the greater good, individual companies can have far greater impact when they…
Claims Apprentice 2022: Episode two – Claims handling challenge
Now that our final six contestants have been put into teams and decided upon names, it is time for the apprentices to tackle their first task.
Aviva wins TSB tender; Gallagher Re to recruit 40; Pine Walk Capital launches MGA; and Beazley launches Crypto Guard
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: Supporting brokers in navigating the challenges of PI market
The professional indemnity classes continue to test the resolve of underwriters. Nic Brown, divisional director of broker at Markel UK, says insurers have to continue to support brokers and clients despite the challenges the risks present in the current…
Qlaims appoints David Williams as NED
David Williams has joined managing general agent and insurtech Qlaims as a non-executive director.
Pen's Tom Downey says MGA sector's secret sauce is its recipe for success
Tom Downey, CEO Pen Underwriting, believes the managing general agents sector is in rude health and discusses what he believes could be its 'secret sauce'.
Start-up Peppercorn to launch this year with a customer-empowering motor solution
Exclusive: Insurtech start-up Peppercorn will launch later this year with a digital motor solution that will challenge the mechanics of traditional incumbents.
Dual appoints European executive chairman to spearhead 'hire and acquire' strategy
Howden-owned managing general agent Dual has appointed Maurizio Ghilosso as executive chair of its European business.
Briefing: Biba and Markerstudy - a litmus test as to why it is good to bury beef and move on
Katy Perry and Taylor Swift, Drake and Meek Mill, and now Markerstudy and the British Insurance Brokers' Association. Jonathan Swift looks at why this latest reconciliation should make the 2022 Biba Conference an even more highly anticipated event than…
ESG Blog: On the trail of green regulation and reporting
With the new rules expected to come into force in 2022, which will make ESG reporting compulsory for big companies, Allianz's head of strategy and propositions Glen Clarke, considers what companies will need to do to account not just for their own…
British Insurance Awards Countdown: Who went from being a Young Achiever to running an award-winning business in two decades?
There are now just two days to go to get your British Insurance Awards entries in [closing date: 11 March]
Briefing: How Brown & Brown’s UK ‘marathon’ finally crossed the line with $2bn GRP deal
With the acquisition of GRP, Brown & Brown has finally made a dent on the consciousness of the UK insurance sector. Post content director Jonathan Swift reflects on how refusing to join the UK M&A 'sprint' of the last decade has paid off for the US…
GRP set to become US broker Brown & Brown's largest acquisition to date
GRP group CEO Mike Bruce has hailed the opportunities afforded by being free from the ‘mousetrap’ of private equity with the business poised to become the largest acquisition to date by US broking giant Brown & Brown.
Seven things Insurance Post learnt from its senior MGA executive roundtable
Insurance Post, in association with GreenKite Associates, recently held a roundtable attended by CEOs and other executive members from a range of managing general agents.