FAVOURITE RESOURCES

 Summary and my key takeaways:

✅ 57% of insurers expect to allocate more capacity to MGAs over the next two years.
✅ Specialty lines will see the most growth, specifically in nascent product lines like parametric insurance, climate risk and AI-driven solutions.
✅ The London Company Market is still the preferred conduit for growth but continental Europe has untapped opportunity.

Growth will not be without its challenges:

❗Regulation is cited by 46% of MGAs as the key barrier to new proposition development or new market entry.
❗Macroeconomic uncertainty is a concern for almost 70% of carriers.
❗Misalignment between the parties - many insurers favour Lloyd’s for their MGA growth but MGAs typically look to the Company Market.

📢 My conclusion from the above is that carriers and existing MGAs looking to grow in a scalable fashion need to focus on 2 key areas:

🔎The evolving EU regulatory approach to MGAs as EIOPA looks to standardise how it defines them (broker-like, carrier-like or a hybrid?)
🔎Investment in the automation of quote-to-bind, claims and technical accounting on a fit-for-purpose digital platform. 

Source:  MGAs set sights on specialty growth in 2026 | Insurance Business