Vicky Carter, Vice Chairman – Global Strategic Advisory Contact Value proposition of MGAs under increasing scrutiny Automation critical to maintaining low cost base Remuneration on profit vs commission fees ... Continue Reading »
MGA
Recent Thought Leadership From Guy Carpenter – Part I
Here we present a recap of recent thought leadership from Guy Carpenter. Keeping the MGA sector buoyant as it is being challenged from increasing licensing, regulatory, and conduct risk requirements Designing data-driven execution plans across four critical areas to enable growth Strategizing for market volatility from excess capacity and rising loss costs and expenses ... Continue Reading »
MGAs – Value at What Cost? – GC@MC Commentary
Vicky Carter, Vice Chairman – Global Strategic Advisory Contact Value proposition of MGAs under increasing scrutiny Automation critical to maintaining low cost base Remuneration on profit vs commission fees ... Continue Reading »
Exploring the Excess & Surplus Industry: E&S Market Update and Projections
The excess and surplus (E&S) lines segment of the insurance industry continues to be the essential market for risks for which the standard insurance market typically does not offer coverage. From extremely hazardous conditions to highly unique business operations and unproven new products, these unconventional risks are often complex and challenging. The E&S ... Continue Reading »
Exploring the Excess & Surplus Industry: E&S Market Update and Projections
The excess and surplus (E&S) lines segment of the insurance industry continues to be the essential market for risks for which the standard insurance market typically does not offer coverage. From extremely hazardous conditions to highly unique business operations and unproven new products, these unconventional risks are often complex and challenging. The E&S market's ... Continue Reading »
Challenging Market Is Fueling MGA M&A – GC@BB Commentary
Andrew Beecroft, Managing Director, GC Securities and John Rowlands, Senior Vice President, GC Securities Contact Challenging market conditions are fueling growth and merger and acquisition (M&A) activity in the managing general agent (MGA) space Recent acquisition multiples have been extremely high compared to historic values Should markets harden, MGAs will need to ... Continue Reading »
Economic Pressures Fueling the Course Taken By Decision Makers
Here we review recent GC Capital Ideas posts discussing the economic pressures that are fueling the course decision makers take to maintain growth. ... Continue Reading »
Challenging Market is Fueling MGA M&A – GC@MC Commentary
Andrew Beecroft, Managing Director, GC Securities and John Rowlands, Senior Vice President, GC Securities Contact Challenging market conditions are fueling growth and merger and acquisition (M&A) activity in the managing general agent (MGA) space Recent acquisition multiples have been extremely high compared to historic values Should markets harden, MGAs will need ... Continue Reading »
PA/MGA Growth Through Acquisitions, Part II
The vast majority of the respondents to Guy Carpenter's survey of managing general agents intend to use company funds or company stock (if applicable) to make acquisitions (81 percent this year versus 47 percent in 2012). Despite access to bank financing, private equity and venture capital options, respondents showed no interest in employing those financial vehicles. It appears ... Continue Reading »
PA/MGA Growth Through Acquisitions, Part I
The survey indicates a dramatic shift in the percent of program carriers interested in making acquisitions, following a couple of years of steady decline. This year, 69 percent of respondents indicated an interest in growing through acquisitions (up from 44 percent in 2012). When queried on the types of acquisitions they are seeking, most respondents' interests appear to be ... Continue Reading »
