Delegated underwriting authority enterprise are enjoying strong growth rates in underserved segments but the market warrants a note of caution on capacity and fronting concerns.
Tag: MGAs
INSTANDA Elevates U.S. Analyst to Global Configuration Lead
INSTANDA, the global provider of no-code insurance platform technology, today announced Jamie Boyer will now serve as the organization’s group configuration lead.
Sedgwick Highlights Insurance Industry Trends for 2024
Sedgwick introduced Connect 2024 list, which highlights major industry trends and issues that employers, carriers, brokers and risk management and human resources professionals should watch throughout the coming year.
INSTANDA Promotes Ben Snape to Global COO
INSTANDA, the global provider of no-code insurance platform technology, announces the promotion of Ben Snape to the role of global Chief Operating Officer (COO).
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.
AM Best: Fifth Straight Year of Double-Digit Growth for the U.S. Surplus Lines Segment in 2022
Total U.S. surplus lines direct premiums written (DPW) marked a double-digit growth rate increase for the fifth consecutive year, climbing by 19.2% to reach a record $98.5 billion in 2022, according to a new AM Best report.
Verisk Acquires Morning Data to Support Digital Transformation of International Broker and MGA Market
Verisk has acquired Morning Data, a supplier of state-of-the-art software to brokers and managing general agents in London and across the globe.
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.
Premium Growth in Delegated Underwriting Authority Enterprise Market Continued Double-Digit Growth Rate in 2022
Direct premium flowing through the Delegated Underwriting Authority Enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8% to $67.6 billion, according to a new report from AM Best.
National Programs, Bridge Specialty Group Launch Business Development Team
National Programs and Bridge Specialty Group announced a new business development team dedicated to serving select retail distribution relationships.