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MGAs: The Potential for Growth

MGAs: The Potential for Growth

The Potential for Growth The MGA market is showing promise, remaining buoyant despite capacity restraints in a hard market. In fact, MGA premiums worldwide reached a record $60bm (£53bn) in 2021, up from $51bn (£45bn) the year before [1], whilst “revenues earned...
Establishing an MGA: What do you need to know?

Establishing an MGA: What do you need to know?

Establishing an MGA: What do you need to know? Back in September 2020, NuVenture entered the market aiming to help frustrated underwriters realise their ambitions in building an MGA. Since then, we’ve seen around 75 MGA opportunities at all stages of development. From...
MGAs: A Growing Sector

MGAs: A Growing Sector

MGAs: A Growing Sector The start of a new year is a good time to take stock, and gain momentum for progress in the year ahead. At NuVenture, we’re excited about the potential for MGA growth in the global insurance space. The Potential for MGA Growth The UK MGAA...
No “I” in “Team”: Working with MGAs

No “I” in “Team”: Working with MGAs

No "I" in "Team": MGAs and their Crucial Role in the Market Those unfamiliar with the insurance market may struggle to get their head around MGAs. Are they not simply insurers by proxy? What value do they add? But – for those in the know – MGAs represent the potential...