The MGA and MGU landscape is growing rapidly as the distribution evolution continues across the insurance ecosystem.
Tag: MGUs
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.
Program Business Revenues Jump 12% to $40.5B in 2018
Amid a good economy and the growing recognition of the value of programs, program business continued to deliver noteworthy results in 2018, according to The 2019 State of Program Business Study published by the Target Markets Program Administrators Association (TMPAA). Program business premium rose 12.18 percent in 2018, reaching $40.5 billion from $36 billion in… Continue reading Program Business Revenues Jump 12% to $40.5B in 2018
U.S. P/C Insurers Benefit from Excess & Surplus Lines Rebound
A recovery of the US excess and surplus (E&S) lines insurance market is benefiting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report. Typically, more volatile than standard admitted insurance markets, the E&S business vastly underperformed P/C insurers overall in 2017 with a 116 percent direct statutory combined ratio, significantly higher… Continue reading U.S. P/C Insurers Benefit from Excess & Surplus Lines Rebound
Introducing the New ProgramBusiness.com
As you can see, we have a whole new look for the Daily NewsFlash — and that’s just the beginning! ProgramBusiness.com, after nearly 20 years since its launch as a game changer in connecting the retail and wholesale communities, has released a new brand and digital platform. The new brand features a clean logo reflecting… Continue reading Introducing the New ProgramBusiness.com
Welcome to the New ProgramBusiness.com
As you can see, we have a whole new look for the Daily NewsFlash — and that’s just the beginning! ProgramBusiness.com, after nearly 20 years since its launch as a game changer in connecting the retail and wholesale communities, has released a new brand and digital platform. The new brand features a clean logo reflecting… Continue reading Welcome to the New ProgramBusiness.com