Managing General Agents, or MGAs, are a type of insurance intermediary that specialises in underwriting and managing insurance policies on behalf of insurers. An MGA will operate as an independent business and have the authority to underwrite and issue policies on behalf of insurers.
MGAs play a critical role in the insurance industry by providing specialised expertise and tailored solutions to niche markets that may not be serviced by traditional insurers. They work closely with insurers to develop and manage insurance products that meet the needs of their target markets. In addition, they provide valuable distribution channels for insurers by offering access to new and unique markets.
Commercial Express is the largest independently owned MGA in the UK, and they have been providing specialised insurance products and services for almost 25 years. They have a team of experienced underwriters and support staff who work closely with their network of brokers to provide customised solutions for their clients.
Commercial Express offers a wide range of insurance products, including property owners, liability, SME, catering & event insurance. They also provide access to a range of exclusive schemes and facilities that are not available through other channels.
Their business proposition is based on understanding a broker’s business and its vision, with the aim to strive towards delivering on their promise of providing excellent service and committed to ensuring their teams continue to work tirelessly to enhance the proposition further. Complementing areas of strength and focus on the sections that offer the greatest opportunities for improvement, development and mutual growth.
In conclusion, MGAs play a critical role in the insurance industry by providing specialised expertise and tailored solutions to niche markets. solutions for their clients, and they offer a range of value-added services to streamline the insurance process.
