MGA/MGU Business Models: The Evolution of MGAs in P&C Insurance


Author(s):
Mark A. Breading, Senior Partner
Thad DeBerry, Partner
Publication Date:
October 19, 2022
Number of Pages:
13
Price:
$1,995.00 USD

Managing General Agencies (MGAs) and Managing General Underwriters (MGUs) play vital roles in the insurance ecosystem. In recent years, their functions have evolved to include increased innovation for new products and programs as well as more sophisticated digital and analytics platforms that have changed the sales and service capabilities of the MGA/MGU space. 

This ReSource Pro research report focuses on the different business models being deployed in the MGA/MGU market today and pays particular attention to MGA InsurTechs that are helping shape the future of the insurance business. The report aims to help insurance professionals understand the various types of MGAs in the market today and how they impact the industry. It also includes ReSource Pro’s predictions on how MGAs might evolve over the next decade.  Over 100 InsurTech startup MGAs were analyzed and are listed in the report.  

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Table of Contents

  • About This Research Report 3
  • A Catalyst for Change in P&C Distribution 4
  • State of the MGA/MGU Market 5
  • The MGA Business Models 6
  • Evolving Startup
  • Digital Platform
  • Digital Native MGA
  • Diversification Play
  • Line/Segment-Focused
  • Global Specialty
  • Traditional and Innovative Incumbents
  • Conclusion and Predictions 10
  • About ReSource Pro Consulting 11
  • Use of Our Reports
  • About the Author
  • About the Guest Author
  • InsurTech MGA Appendix 12