An MGA by any other name ... We have identified no fewer than eight different names for the global insurance market’s fastest-growing form of intermediary – in English alone. Regardless of the lexical confusion, this is a sector that is rapidly gaining share within the global property-casualty insurance market. In Lexicon’s latest study, The MGA Revolution: How MGAs are reshaping the insurance value chain, we dig deep into the dynamics of this rich and diverse market to explain why. https://lnkd.in/edC8bfWP #MGA???#MGU??#Coverholder??#ProgramManager??#DUAE
Adrian Leonard
1 个月
Maybe what the market really needs is a new Naming Standard for delegated underwriting companies? You can never have too many standards!
Brian Weakliam
1 个月
Thanks for sharing William Pitt
CEO ARTes Specialty, an independent MGA and Lloyd's coverholder underwriting international specialty portfolios.
1 个月Probably worth mentioning that when you use ‘cover holder’ it’s most associated with being a ‘Lloyd’s Coverholder’ which is a title you can’t simply give your business. There is a stringent application process that requires sponsorship and also brings your business into more robust regulation and monitoring.