MGAA unveils training tool for managing general agents

New system developed in partnership with the CII

MGAA unveils training tool for managing general agents

Insurance News

By Terry Gangcuangco

With education and training a key focus for the Managing General Agents’ Association (MGAA), the trade body has launched a new online training tool designed to provide a structured programme of learning that is Insurance Distribution Directive (IDD) compliant.

Developed in partnership with the Chartered Insurance Institute (CII), the learning management system ‘MGA Assess’ features regular evaluations aimed at ensuring that technical and market knowledge is up to date and that managing general agents are provided with continuous professional development (CPD).

“We’ve worked with the CII to develop this training solution,” said MGAA chairman Charles Manchester. “We believe it’s important to drive consistently high professional standards across the industry. Moreover, the IDD requires it.

“As the first training solution specifically built for MGAs, we hope practitioners will take full advantage of MGA Assess.”

Steve Jenkins, development director at the CII, is equally pleased to have collaborated with the association on the initiative.

“MGAs play a key role in the insurance market, and we are confident that this initiative will help support structured learning and CPD for a very important group of professionals,” he stated.

 

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