Five Minutes With…Steve McInerney, insurance broker at MGA

Broking is nothing without people, so here at Insurance Business we provide you with the chance to get to know some individuals that are at the heart of the industry.

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Why did you get into insurance?
My father is in the business. It must be said that it was never on my radar or something that I had seriously considered. A role was offered to me at the right time and the right place in my life so I thought: “What the heck, let’s give it a go.” So far, so good.


How would you sum up insurance brokers in three words?
Determined, challenged, focused.


How would you change the industry?

I’d gather the old heads of the industry together and productively use their years of experience to our advantage, rather than send them to the scrap heap with a redundancy package.

Best advice you’ve ever been given?
“Nothing worthwhile ever comes easy” and “opportunities only present themselves to those who are looking”.


If you were Prime Minister for one day, what would you do?
Overhaul the red tape required to run and expand businesses operating in Australia, actively market this country as a place to open up shop and to restructure the tax system so that it makes sense for companies to relocate or expand into Australia.


If you could invite three people to dinner, dead or alive, and excluding family and friends, who would they be and why?
Nelson Mandela, because if anyone can teach me patience it’s someone who was holed up in a cell for 20 years.
Sylvester Stallone, because I can’t understand him when I’m sober, so it’s going to be a bit of an experiment to see if he starts making sense the more red I drink.
Charlie sheen - it will be a case of learning from him what not to do in life.

Complete this sentence: If I wasn’t in insurance, I would be... broke but happy, sitting on a beach in Thailand ordering $2 cocktails.

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