How do you rate Canada’s MGAs?
Managing general agents. Just about everybody uses them, but how important are they to your underwriting?
MOTOR & FLEET
By Donald Horne
Aug 18, 2014
Managing general agents. Just about everybody uses them, but how important are they to your underwriting?

Insurance Business magazine is reaching out to brokers to get their feedback on how they rate Canada’s MGAs – so far as premium pricing, marketing support, automation, responsiveness and turnaround times, on a scale of 1-9, with 1 being not important and 9 very important.

Activity in the MGA market has heated up in Canada the past year. One British Columbia MGA, Beacon Underwriting, acquired Vancouver-based Can-Sure Underwriting Ltd. this spring.

In January, CFC Underwriting – a Lloyd’s MGA specializing in niche product offers – announced the launch of O&G, specifically designed to target the oil and gas professional looking for comprehensive coverage.

Brokers taking part in the survey can do so anonymously – or they can provide their name and contact information for a chance to win a free iPad mini.
You can find the survey by clicking here.

The survey runs until September 19, and only takes a couple of minutes to complete.
 
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