Managing General Agents’ Association (MGAA)

📝 Our latest new member, Acumen Claims Limited, checks in! Acumen operates mainly in the London Market serving Capacity, MGAs, TPAs, and Brokers, for commercial and HNW residential property claims. 🤝 Its purpose in life is to be passionate about delivering an outstanding customer experience with unrivalled cost accuracy. Acumen offers a full end-to-end claims management & buildings surveying service which focuses on policy and claim validation, cost verification, and restoration/repair design & fulfilment – Guaranteed. Find out more about Acumen: www.acumenclaims.com #MGAA #NewMember #Supplier

🙌 Welcome to the MGAA, Ordnance Survey   Ordnance Survey is the national mapping service for Great Britain. Its expertise is helping to realise benefits across society, by delivering detailed, accurate, and well-maintained location and addressing data into both government and commercial markets. OS’s location data products, and insight, together with its partners services and solutions are used for smarter solutions to business-critical problems including bespoke underwriting and climate change scenario testing. Find out more at https://lnkd.in/eYzuMmQn #MGAA #NewMember #Supplier

👋 Say hello to our new member, Carrow Insurance Carrow Insurance is a specialty MGA providing underwriting expertise in Warranty, Accident & Health and Income & Payment Protection cover. Serving the mid-market sector across Europe, Carrow Insurance collaborates closely with brokers and partners to provide consistent, tailored insurance solutions while addressing evolving market needs. 🤝 With A-rated capacity and partnership agreements of up to five years, Carrow Insurance operates with streamlined processes, offers direct access to decision-makers, and maintains a commitment to long-term partnerships.   Find out more about Carrow on their website: www.carrowinsurance.com #MGAA #NewMember #MGA

💬 “The potential is really around machine learning and artificial intelligence in pricing - that has the potential to really run away with the art of the possible,” says Gary Humphreys, co-founder and Group Underwriting Director at Markerstudy Group. Our latest MGAA Conversations, Gary explains how the capabilities of AI modelling hugely outweigh the capacity of our best actuarial brains, which could easily consume vast swathes of insurance decision-making. Gary warns that while this technology can facilitate considerable efficiency, an over-reliance upon it may sacrifice the very principle of insurance. This and more, using the links below 👇 🎥 MGAA Main - https://lnkd.in/e6ducbwN 🎥 MGAA Conversations - https://lnkd.in/eiqA_8EG 🎧 Podbean: https://lnkd.in/eJdVi7VD #MGAA #Podcast #MGAAConversations

🙌 Introducing our latest new member - Issured Limited Issured is a UK-based digital transformation company, specialising in the design, development, and delivery of business change, cybersecurity services, and innovative software products. ❌ With a background in defence and security, Issured has successfully led several major national policing programs in the UK, focusing on Counter-Terrorism, Digital Investigation, and Digital Public Contact. Find out more about Issured on their website: www.issured.com #MGAA #NewMember

🤝 Our CEO, Michael Keating, recently spoke to Insurance Day on the evolution of MGAs and their underwriting expertise, entrepreneurial approach, speed to market, and much more. Head to the link below to read the full story 👇

📢 Sign up for our latest Insights event with AXA UK on Technical Underwriting Insights: Artificial Intelligence (Linking AI & Underwriting). 💻 The conference takes place on Thursday 12 December, 13.00-14.00, where guest speaker David Ovenden, Chief Underwriting Officer, AXA Commercial, will explore how AI components can be inserted into the Commercial Underwriting process to support fast, accurate and confident decisions. At the end of this session, delegates will be able to: 👉 Describe where AI plays a part in Commercial Underwriting today. 👉 Explain the insights and thinking around underwriting decision support, focusing on how AI can assist underwriters in making more confident, accurate, and prompt decisions through the development of digital underwriting assistants - and much more. Sign up now: https://lnkd.in/ebSnbhrK

📣 On Thursday our Market Briefing on Modern Slavery & the Supply Chain: Insurance Market Risks, takes place, and there’s still time to sign up! During the briefing, we will discuss the implications of the judgment in the ‘World Uyghur Congress’ case from June 2024, which casts a long shadow over global supply chains and the potential contamination with criminal property. 💡 At the end of this session, delegates will be able to: ✅ Describe how the ‘Uyghur Congress’ case connects UK concepts of modern slavery to proceeds of crime. ✅ Explain the insurance regulatory expectations for providing insurance services concerning potential proceeds of crime. ✅ Summarise where legal and regulatory issues related to proceeds of crime may arise from cover proposals and claims involving insureds or subjects associated with court-recognised high-risk jurisdictions, and more. Sign up here - we look forward to seeing you there: https://lnkd.in/e6yDNzis

📣 Final call for our latest Market Briefing on Wednesday 27 November, on how Ecclesiastical Insurance UK can complement your expertise and support growth. 💻 Join us as Ecclesiastical Insurance presents their MGA proposition, highlighting the growth and opportunities that arise from a true partnership. At the end of this session, delegates will be able to: ✅ Describe the benefits of working with Ecclesiastical from capacity to regulation to wider skillset ✅ Summarise the type of MGA Ecclesiastical will support ✅ Outline how Ecclesiastical’s proposition can enable MGAs to continue to deliver great service ✅ Describe how Ecclesiastical’s unique business model can benefit your customers You can sign up here 👉 https://lnkd.in/euiYNzR8 

🎙 PODCAST - The latest MGAA Conversations is out now, with Gary Humphreys, co-founder and Group Underwriting Director at Markerstudy Group. 🤝 Following the recently approved merger between Markerstudy and Atlanta, alongside a very successful year of M&A activity for the group, we speak to Gary about the current progress of integration in the newly united company.   He notes the importance of establishing a harmony of culture and customer journeys within the group, and a full-scale unification of systems and data. Gary argues that the personal lines market has stabilised and become healthily competitive following a period of turbulence in 2022-23, noting that MGAs will play an increasingly crucial role in speciality areas. 👂You can listen to the full episode via anyone of these links below: 🎥 MGAA Main - https://lnkd.in/e6ducbwN 🎥 MGAA Conversations - https://lnkd.in/eiqA_8EG 🎧 Podbean: https://lnkd.in/eJdVi7VD #MGAA #Podcast #MGAAConversations