Arun Balakrishnan, CEO, Xceedance, said the market is teaching managing general agents to focus on their core capabilities and to work with providers to handle the rest.
Oct. 17, 2023
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Spencer Foundation's Nomvete: 42 Insurance Job Openings for Each Qualified Candidate
Zurich NA's Whitney: New Capital, New Risks Drive MGA Market Growth
HDI Global Specialty's von Boehmer: Carriers Have Resources to Support MGAs
Amwins' Armijo: MGAs Distinguish Themselves Through Underwriting Acumen, Profitability
Amwins' Francavilla: Program Growth Strong, but Beware of 'Buyer Fatigue'
Federato's Ross and Egliht: AI Is Moving From Risk Classification to Task Enablement
SiriusPoint's Charles: Giving Away the Pen Means Due Diligence Is Crucial
Xceedance's MacMillian: AI Helps Rebalance Underwriters' Information Workload
Corvus' Mirabile: As Ransomware Attacks Become Less Effective, Bad Actors Innovate
Allied World's Walloga: 'Bleisure' Is Next Travel Coverage Opportunity
Clear Blue's Breslin: Lines Are Blurring Between Fronting, Traditional Program Carriers
BMS' Bohan and Speckman: New MGAs Need a Good Foundation, Unique Story, Profitability
Munich Re's Johnson: Casualty Issues a Growing Concern
Target Market Attendees See No Letdown in MGA Acquisition Activity
Gallagher's Rogers: Insurers Must Understand Customer Value To Succeed
Axis Capital’s Galanski: MGA Sector Is Becoming a Capital Magnet
Hudson's Gallagher: Specialty Writers Need Specialty Teams
Hanover's Dougherty and Barrett: Reaching the Market for Smaller Firms Takes a Broader Approach
American Specialty's Batt: Las Vegas' Sphere, Pickleball Exemplify Innovation
Ethos' Greggains: As Market Struggles to Price Risk, More Business Moves to E&S
Mission's Haga: Interest Growing in Smaller Classes Such as Allied Health, Construction
Xceedance's Balakrishnan: Competitive Program Managers, MGAs Are Lean and Efficient
Everspan's Dresner: Program Sector's Growth Likely to Result in More Consolidation
Arden's Cohen: Higher Interest Rates Are Likely to Prolong the Hard Market
Beazley's Hardy: Rising Cat Losses Are Driving Coverage Into Non-Admitted Market
Zywave's Hamilton: MGAs Help Meet Coverage Challenges in Florida, California
Euclid's Colis: Today's Market Is Tight, but Not Across All Lines
Crum & Forster's Kaplan: Transportation, Delivery Networks Are Becoming More Mature Risks
Doxa's Sackett: Starting an MGA Can Help Address Legacy, Coverage Issues