Over the last decade, as insurers and reinsurers have sought profitable opportunities for growth, they increasingly have handed the underwriting pen to managing general agents, managing general underwriters, program administrators and other underwriting agencies. These specialized distribution partners have not …
With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best had decided it is time to deliver assessments of these entities. “What we’ve seen is really …
Representatives of over 75 percent of the UK’s Managing General Agents’ Association (MGAA) member organizations gathered yesterday to hear Peter Montanaro, Head of Delegated Authorities at Lloyd’s, set out the market’s plans for improving the oversight and management of delegated …
