Is now the right time to set up an MGA?

The insurance industry is evolving rapidly, creating a prime opportunity for Class Underwriters to establish their own MGAs.

Investor interest in MGAs is rising, with capital providers seeking specialised underwriting expertise that traditional carriers may overlook. This access to capital enables underwriters to enter the market with the agility and focus needed to meet modern demands.

Clients are also increasingly seeking tailored, niche insurance solutions, making MGAs ideal for underwriters who specialise in unique risk classes.

Supported by technology that reduces operational costs, underwriters can now efficiently manage their policies, optimise customer experience, and quickly adapt to industry changes—all without the overhead of traditional carrier models.

This approach allows for both enhanced responsiveness and autonomy, freeing underwriters to innovate and take calculated risks.

In the current market favorable regulatory developments make it easier for MGAs to thrive, creating a smoother path for underwriters ready to operate independently. For those confident in their portfolio management, the MGA model offers a direct route to profitable growth, making this the ideal moment to step forward.

With the right strategy, underwriters can shape their own success while driving value in today’s dynamic insurance landscape.

If you are interested in setting up your own MGA - please contact me at mark.summers@equiquestpartners.co.uk