The Conning study, Managing General Agents The Super Model of the Insurance Industry presents the MGA marketplace dynamics, trends, players and outlook. Conning's proprietary MGA database includes current and historical information on more than 600 MGAs and 275 insurer groups that actively use the MGA channel. Additionally, Conning's 2019 proprietary survey of MGA executives provides context and insight into the challenges facing program business today.
There have been new entrants utilizing the fronting model for MGA business, said Steve Webersen, Head of Insurance Research at Conning. We also observe transformer models developing that are incorporating ILS or special purpose vehicles within the fronting approach that will deliver even more growth to the sector.
Managing General Agents The Super Model of the Insurance Industry is available for purchase from Conning by calling (888) 707-1177 or by visiting www.conning.com/insurance-research.