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The MGA market faces many obstacles but is growing quickly.
The Managing General Agents Association (MGAA) now
has some 140 MGA members with over £6bn premium under
management – and all within six years.
However, with reducing capacity, multiple regulatory challenges,
new London market practices, Brexit, and a bewildering choice of
improving technologies, these all lead one to ask the question: why
be an MGA?
Cyber
Cyber is a challenge for the whole market not just MGAs.
Technology is the undoubted way forward – and will only