Unlocking MGA Success: Insights from Industry Leaders

The MGA market is hot! AM Best reported year-over-year DWP growth of 17% in 2021, 19.5% in 2022, and 8.6% in 2023, to $77 billion, citing “the superior ability of this market to cater to underserved and emerging risks” as a key contributor to its impressive growth.  MGAs are a key driver behind the growth in surplus, commercial and specialty business thanks to their expertise in assessing and underwriting increasingly complex risks accelerated by increasingly severe catastrophes, challenging economic conditions, shifting customer demographics and risks, to name just a few.

How do they do it? Intricate knowledge of niche markets, strong customer relationships, nimbleness in responding to changing market conditions, effective use of technology, and their ability to attract tech-savvy talent.

What lies behind these well-covered characteristics?  How do MGAs assess the current and future state of their business? What are the top-of-mind issues that influence their decisions? What are their priorities and plans for everything from new products to new technology solutions?  And, perhaps most intriguingly, how do they compare to full-stack insurers? 

Tune in to this illuminating webinar to learn all of this and more. Two Majesco experts in this space, Denise Garth, Chief Strategy Officer and Rob Whitton, VP-Sales, will share insights from our exclusive new primary research with MGAs and highlight the key comparisons to the findings from our 2024 Strategic Priorities research with insurers. Register today!  

Speakers
Denise Garth – Chief Strategy Officer, Majesco
Rob Whitton – VP of Enterprise sales, Majesco