Mike Keating, CEO of the Managing General Agents’ Association, examines why more than half of MGAs think improvements to claims processes are needed.
The problems at Accredited and Vesttoo highlight the need for managing general agencies to have good risk management in place on their capacity arrangements.
Tim Smyth, CEO of Bspoke Group (formerly UK General), says MGAs need to make their voices heard and engage regulators and policyholders on the challenges facing