Managing general agencies (MGAs) enable insurers to take advantage of niche market expertise to expand their distribution and grow their business without building the necessary infrastructure. MGAs tend to be more agile than insurers, and they can introduce new products and product modifications in a fraction of the time it takes traditional markets. MGA business (measured in premiums) is currently growing faster than the overall property/casualty industry.
This report is part of a series on key business and technology trends in specific lines of business in the U.S. insurance industry. These reports draw from the expertise of Datos Insights’ staff, conversations with Datos Insights’ clients and Insurance Technology Research Council members, and a review of secondary published sources.
Datos Insights’ Property & Casualty service can download this report.
This report mentions Abry Partners, Accredited, Acrisure Re, Ahoy! Insurance, AM Specialty Group, Aon plc, Arthur J. Gallagher & Co., Ascot Group Ltd., At-Bay, AXA XL, Beat Capital, BHMS Investments LP, Bishop Street Underwriters, Blue Signing Re, Boundless Rider Insurance Agency, LLC, Bowhead Specialty Underwriters, BriteCore, Chubb, Cogitate, Conifer Holdings Inc., Conifer Insurance Services, Corvus Insurance Holdings Inc., Coterie, CPH Insurance, Demex Group, DOXA Insurance, Duck Creek, Epic-Premier Solutions, Ethos Specialty Insurance LLC, the Everest Group Ltd., EverSports & Entertainment Insurance Inc., Falcon Risk, Foresight, Forest Insurance Facilities, Georgia Stern Insurance Agency, GeoVera Insurance Holdings, Global Ag Insurance Services, Guidewire, HDI Global Specialty, Healthy Paws, Hippo, Innovisk Capital Partners, Instanda, Insuresoft, Insurity, IntellectAI, Johnson & Johnson, Lloyd’s of London, Kalepa, Kalepa Insurance Services, Ledgebrook, Loop Insurance, Majesco, MGA Systems, Morgan Stanley Expansion Capital, Mulberri, Munich Re, NetRate, Next Insurance, NIP Group, NSM Insurance Group, Onex Partners, OneShield Market Solutions, Openly, Origami Risk, Park National Insurance Company, Pinpoint Insurance Solutions, Pitney Bowes, Pro MGA Global Solutions, R&Q Insurance Holdings Ltd., Renters Legal Liability, Resilience, Risk Placement Services Inc. (RPS), Root, Ryan Specialty, Ryan Specialty Underwriting Managers, SageSure, Send, Sigo Seguros, Socotra, Solartis, Spinnaker Insurance Company, Strategic Underwriters International, Strickland General Agency, Sunlight Solutions, The Travelers Companies, Treaty Oak General Agency, US Assure, Verisk, Vertafore, Victory Insurance, Xceedance, and XS Global.
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