Program Manager Event

PM panel predicts MGA M&A boom over the next 12 months

Attractive market conditions, new entrants, talent flowing from carriers and strong demand from an array of buyers means there will be a record amount of M&A in the MGA space over the next 12 months, according to Insurance Advisory Partners’ Tony Ursano.

Panel: Program market has “space” for both pure and hybrid fronts, but frictional costs in focus

Executives at the Program Manager Conference 2024 have stressed that the pure and hybrid fronting models both can still thrive, with State National’s David Cleff suggesting that the focus should be on who is providing the least frictional costs to a transaction.

Panellists bullish on MGA market despite property slowdown and casualty fears

The growing sophistication of the MGA space and the structural advantages it has over carriers will see it benefit from market tailwinds, despite a stabilisation in property rates and concerns over casualty loss trends, according to panellists at the Program Manager conference.

SageSure CEO: talent and capital will continue to gravitate to MGUs

The incremental value generated by MGUs compared to carriers means that talent and capital will continue to be drawn to the model, according to SageSure CEO Terry McLean.