The managing general agent (MGA) market is experiencing a staggering period of growth. According to a recent Conning release, the 24% growth of the MGA market outpaced property and casualty (P&C) in 2022, with the total U.S. MGA market exceeding $85 billion in direct premiums.  

The dynamism and responsiveness of the sector continue to attract substantial investment and talent in 2024, with both new start-ups and digital MGAs entering the market and incumbents looking to expand.  In this period of heightened competition, MGAs find themselves in a battle for relevance and profitability.  

The key to success for MGAs will be their ability to rapidly adopt innovation while maintaining their hallmark understanding of niche insurance segments and associated relationships.

Download this white paper to learn how to guide your organization to success in the months ahead.