John Colis, president and CEO of Euclid Insurance Services and president of Target Markets Program Administrators Association, said private equity interest in MGAs is fueled by high margins, low capital investment and renewable income.
May 2, 2023
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One80’s Pesce: Risk Portfolios Should Be Diversified
Martin & Co. President: Capacity Is More than a Coverage Issue
Soter’s Buchanan-Robinson: Wearables, AI, Reduce Workplace Injuries
Poulton Associates CEO: Microtransactions Can Boost Flood Market
Tyser's Hodge: London Market Remains a Backstop for US Program Business
Liberty Mutual’s Sharis: Beware of Holey Umbrellas
Wright's Templeton-Jones: Improving Flood Models Are Luring Admitted Carriers
Federato's Ross: Reinsurers Prefer Insurers With Well-Managed Risk Portfolios
Program Managers Take the Acquisition Spotlight
Skyward's Hill: MGAs Drawing Talent From the Carrier Side
Nationwide E&S' Field: Social Inflation, Outsized Verdicts Enter Pricing Realm
Target Market's Abbey: We're Helping Our Membership Win the Talent War
Amwins' Francavilla and Petrilli: In Program Market, Specialization Drives Growth
Conning's Pitt: Tighter Capital Raises Bar for New MGAs
Allianz' Nieminski: AI Poised to Push MGAs Further Ahead in Tech
Axis' Galanski: The Key to Program Business Is Finding, Empowering the Best Underwriters
KCC's Clark: Modeled Loss Transactions Bring Speedier Resolution to Loss Payouts
Arden's Cohen: ChatGPT, Technology Will Help Smaller MGAs Compete With Carriers
Gallagher Affinity's Rogers: Consolidation Creates Opportunity
Tokio Marine's Palotay: Illinois Biometric Information Privacy Act Spurs Claims
Target Markets' Colis: Private Equity Has Transformed the MGA, Program Sectors
BMS Re's Bohan and Speckman: Reinsurers Have Reached a Comfort Level With MGAs
RPS' Duffey: Capacity an Issue for Cat-Prone Property, Transport and Health Care
Distinguished’s Strommen: Programs Need Carriers That Think Longer Term
Everspan's Lucas: Growth in MGAs, Program Business Puts Focus on Reinsurers
Global Indemnity's Greibesland: MGAs Bring Innovation, Tech to Program Sector