Almost three in five (57%) of carriers are set to increase managing general agent capacity in the next two years, according to a new survey.
The latest Clyde & Co MGA Opinion Report also found that 46% of insurance carriers had increased capacity to MGAs in the past 12 months.
This report confirms what we’re seeing across the market – MGAs are now integral to the insurance value chain.
Produced in collaboration with the Managing General Agents’ Association to mark its annual conference today, it added nearly three-quarters (74%) had not reduced their deployment of capacity despite rising capital costs.
Specialty lines (29%), financial
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