Managing general agents will have new tools to support strategic planning and operational assessment following a collaboration between the Managing General Agents’ Association (MGAA) and market intelligence provider Insurance DataLab.
The agreement gives the MGAA full access to Insurance DataLab’s insight platform, which contains performance data on all regulated non-life insurers, Lloyd’s syndicates, major MGAs, and broking firms.
The platform includes metrics on underwriting outcomes, financial strength, claims experience, complaints handling, solvency, and customer satisfaction.
Insurance DataLab also joins the MGAA as a supplier member. MGAA members are offered a 10% discount on new annual licences for the insight platform, with pricing beginning at £7,950. The discounted access allows MGAs to evaluate capacity providers, review distribution partnerships, support compliance work, and inform organisational strategies.
MGAA chief executive Mike Keating (pictured) said the partnership is in line with the association’s efforts to equip members with tools that help them respond to developments in the market and within the regulatory landscape.
“Access to high-quality data and meaningful insight is critical for MGAs to navigate market challenges, evaluate opportunities, and meet increasing regulatory and capacity provider expectations,” Keating added.
Insurance DataLab co-founders Matt Scott and Dan King said the collaboration is intended to improve access to data-driven insights.
“MGAs are driving innovation across the insurance market, and we’re proud to partner with the MGAA to give their members access to data that helps power better decisions,” said Scott.
King said the platform was developed to deliver insights that support practical business needs. “This partnership with the MGAA allows us to reach more of the market and provide it with the tools it needs to succeed.”
As part of the arrangement, Insurance DataLab will include the MGAA as an official partner of its 2025 MGA Performance Report, which benchmarks financial and operational performance across the MGA sector. The report will be released in print during the MGAA Annual Conference, with copies distributed at the MGAA desk.
The MGAA represents more than 180 managing general agents across the UK and Gibraltar. The association’s initiatives include industry engagement, regulatory dialogue, member training, and access to commercial services such as data platforms.
How will improved access to performance data affect MGA operations and decision-making? Share your views in the comments.
