abex group

The article discusses the success and growth of Managing General Agents (MGAs) in Canada amidst challenging market conditions. With over 80 MGAs in the country, 25 have been recognized with a 5-Star rating based on broker surveys evaluating criteria such as responsiveness, pricing, and product range. Industry leaders emphasize the importance of technical expertise and strong relationships with brokers, which have led to significant growth for firms like Lions Gate Underwriting and Unique Risks. The article highlights the evolving perception of MGAs as legitimate partners in the insurance market, reflecting a shift from being viewed as less significant players to essential contributors in the industry.

The article discusses the success and growth of Managing General Agents (MGAs) in Canada amidst challenging market conditions. With over 80 MGAs in the country, 25 have been recognized with a 5-Star rating based on broker surveys evaluating criteria such as responsiveness, pricing, and product range. Industry leaders emphasize the importance of technical expertise and strong relationships with brokers, which have led to significant growth for firms like Lions Gate Underwriting and Unique Risks. The article highlights the evolving perception of MGAs as legitimate partners in the insurance market, reflecting a shift from being viewed as less significant players to essential contributors in the industry.