As we approach the horizon of 2030, the landscape of insurance distribution is undergoing a transformative shift. This change is illuminated in PwC’s report, “Insurance 2030.”
Tag: insurance distribution
The Future of Fronting Companies in Property-Casualty Insurance: Part 2
Fronting companies in the property-casualty industry serve as intermediaries, enabling insurance companies to access otherwise inaccessible markets. They serve as a platform for insurance programs, managing policy issuance and claims administration. They often find market distribution sources in the Program Business Storefront Directory.
ReSource Pro Releases New Research Report on Distribution Technologies for MGAs and MGUs
The MGA and MGU landscape is growing rapidly as the distribution evolution continues across the insurance ecosystem.
The Rise of MGAs Starting Their Own Insurance Companies
Fueled by COVID, hard market, tech, and unpredictable climate events, the insurance industry was already undergoing significant changes, and now we witness MGAs starting their own insurance companies and buying out existing brokers.