In Europe, Accredited has agreed a new underwriting partnership with Sophro MGA Ltd, a UK managing general agent
providing after the event insurance.
It added a cap which 'shall not exceed 25 percent of the premium volume net of commissions.' It also required direct agents, general agents
and insurance brokers to file a surety bond.
This is another area in which your General Agent
can help you relay this information to your client.
In fact, the study, "Managing General Agents
: Superior Growth in Specialty Markets," says that MGA growth has outpaced that of the commercial lines sector in 2014, despite softening rates in several lines.
QBE US Agencies is a family of three specialty-focused managing general agents
serving the community association, transportation, and earthquake markets.
About 300 business/technology professionals among E&S carriers, general agents
, vendors and retail agents are active as volunteers or in following the issues.
Membership--now open to managing general agents
, national and international insurance companies, business services, and stamping offices--would add surplus lines brokers, managing general underwriters, program administrators, program managers, aggregators and other insurance entities operating on a wholesale basis.
E&Q insurance offered for: Insurance agents/brokers (property-casualty), broker-dealers, surplus-lines brokers, managing general agents
, reinsurance brokers, insurance adjusters, third-party administrators, insurance companies, risk retention groups, crane and construction professionals, lawyers, architects and engineers, technology professionals, medical professionals.
Source: Managing General Agents
' Association (MGAA)
They specialise in liability programs for lawyers, architects, engineers, insurance agents and brokers, surplus lines brokers, managing general agents
and title insurance and escrow agents.
Developed by the Real Time/Download Campaign, Real Time Day showcases ways for independent agents, general agents
, property/casualty insurance carriers, and service providers to work together more effectively to save time and be more efficient with insurance workflows.