Managing General Agents’ Association (MGAA)

📢 Welcome ADVA Risk Partners to the MGAA! ADVA Underwriting is a specialist MGA that provides innovative insurance and reinsurance solutions for extended warranty, including auto, mobile phone, and home appliance products. We are excited to announce the launch of our subsidiary company, ADVA Risk Partners Limited—a new home for entrepreneurial underwriters! ADVA Risk Partners offers talented underwriters the perfect environment to: ✅ Build a profitable portfolio ✅ Secure a stake in the business ✅ Receive support from an established MGA ADVA Risk Partners is designed to empower entrepreneurial underwriters, offering the resources and backing needed to drive success while holding a direct stake in the business. Find out more:https://lnkd.in/eQzqeGkf #NewMember #MGACommunity #Entrepreneurship #Underwriting

📢 MGAA Engages with the Department of Finance on Insurance Market Competition We’re pleased to announce that the MGAA is actively collaborating with Department of Finance, working alongside Minister of State for Finance, Neale Richmond TD, in his role as Chair of the Office to Promote Competition in the Irish Insurance Market (OPCIM). As part of the Government's ongoing efforts to encourage greater competition in the Irish insurance market, Minister Richmond will be hosting a Roundtable discussion for MGAs on: 🗓️ Date: Tuesday, 15th October 2024 🕒 Time: 15:30 - 17:30 📍 Location: Online (joining details will be provided upon confirmation of attendance). If you would like to attend in person, please submit your request when confirming. 🔖 Topic: MGAs and the Government Insurance Reform Agenda 📭 To register, email Julia Coakley at julia.coakley@mgaa.co.uk. This session will explore the impact of the Government’s Insurance Reform Agenda on competition, capacity, and premium prices in the Irish market. We’re proud to represent our members in this important discussion and contribute to shaping the future of insurance in Ireland. Learn more: https://lnkd.in/eQutRR4D

Join Us for an Interactive Market Briefing: Attracting, Retaining and Developing Talent in 2024 🗓️ Date: 30th October 2024 💻 Format: Online Zoom Conferencing In the ever-evolving insurance industry, attracting and retaining talent has never been more crucial. Join Gary De Groot, Growth Director at Innovation Group, along with colleagues Peter Shortland, Jessica Power, and Tim Monaghan, for a deep dive into the challenges and strategies surrounding talent development today. During this interactive session, we will explore: 👵 The impact of an aging workforce and the expectations of today’s graduates. 🌱 How to turn the talent of today into the leaders of tomorrow. 📉 The widening skills gap and how to adapt to a more competitive recruitment landscape. 🎯 Learning Objectives: 🧐 Understand what the younger generation truly seeks in a role. 📝 Summarize current issues in the insurance market related to talent acquisition and retention 🔗 Register now to secure your spot! https://lnkd.in/epckeaeN We look forward to engaging with you! #TalentDevelopment #InsuranceIndustry #Recruitment #InnovationGroup #Leadership

✨ Looking Back at the MGAA 2024 Capacity Exchange! ✨ Thank you to everyone who joined us! With over 270 delegates, it was a fantastic day filled with valuable discussions and meaningful conversations among Market Practitioners and MGA members. We had the pleasure of gaining insights from representatives of Diesta, AM Best, Geo Underwriting, SCOR, Collinson, Carbon Underwriting, Great American International Insurance (UK) Limited and Ecclesiastical Insurance UK. Their perspectives highlighted the importance of collaboration in our industry. A special thanks to our event sponsors, AM Best and Diesta, along with our annual sponsors, for their unwavering support in making this event a success. 🎉 Your engagement is what makes these gatherings impactful. We can’t wait to welcome you to more MGAA events in the future! 🤝 Watch the showreel for highlights from the day! #MGAA #CapacityExchange #Networking #MGA #MarketPractitioners

💡 Unlock the Power of AI Without Breaking the Bank! 💡 Join us for an insightful briefing hosted by Broadstone, where we’ll dive into the world of accessible AI tools and show you how to integrate them into your daily operations to boost efficiency and reduce costs. 🗓️ Date: 9th October 2024 📍 Location: Online Zoom Conference ⌚ Time: 1:00 pm - 2:00 pm In this session, Broadstone’s experts will provide: ✅ An overview of widely available AI tools ✅ A live demo showing how AI can transform data cleansing, reporting, and more ✅ Key insights into how AI can enhance efficiency and reduce operational costs in the insurance industry Presenters: 🎙️ Bharat Raj FIA, Head of London Markets, Broadstone 🎙️ Greig Bingham, Head of Financial Modelling, Broadstone 🚀 Don't miss this opportunity to learn how AI can streamline your operations and drive growth. 🔗 Register now to secure your spot: https://lnkd.in/eG5sG2kv #AI #Insurance #DigitalTransformation #Broadstone #MGAA #AIBenefits #Webinar

Join us for A Quick History of Insurance, the next installment in the MGAA Next Gen Insights series! In this fascinating webinar, we’ll explore the history of insurance from its earliest roots, through medieval marine insurance, fire insurance, and life assurance. We'll also dive into the role an Insurance Museum can play in engaging with the public and schools to promote a better understanding of the industry’s evolution and its role today. 🗓️ Tuesday, 22nd October 2024 📍 Online Zoom Conference ⌚ 1:00 pm - 2:00 pm 🎙️ Speaker: Howard Benge (Museum & Heritage Professional, Chairman of the Old Talbot House Foundation) 🎯 Learning Objectives: ✅ Summarise the history of insurance, from its origins to modern times ✅ Understand how museums can engage the public and schools with the insurance story ✅ Explore how an insurance museum can influence young people's career decisions and insurance knowledge Don’t miss out on this insightful session - perfect for anyone in the insurance industry or interested in its fascinating history! Register now to secure your spot: https://lnkd.in/e5nt8k4h #InsuranceHistory #NextGenInsights #InsuranceEducation #MGAA #Webinar #InsuranceIndustry

Have you registered for the I Love Claims MGA Claims Conference? Join us on Thursday, 7th November at the Queen Elizabeth II Centre in London for a day of insightful discussions and networking. As a special offer for our MGAA Members: 🎯MGA & Market Practitioner Members: Enjoy 1 free delegate pass per company. 🎯MGAA Supplier Members: Benefit from 20% off delegate prices. 🎯Additional: MGAA Members receive 25% off exhibition stands! Themed ‘Building World Class MGA Claims Solutions,’ will shine a light on three crucial topics: ClaimsTech, compliance, and fraud, along with their unique impact on MGA claims. Secure your tickets now: https://lnkd.in/ePcNrfek #MGA #ILoveClaims #ILC #Brokers #Insurance #Claims #Conference

🎙️ New Podcast Episode Alert! 🎙️ How can increased mental health awareness translate into meaningful business culture change? In this episode, we sit down with Claire Russell, Founder of Mental Health in Business (MHIB), to discuss how wellbeing initiatives can reshape workplace culture for the better. 🌱 🔑 Key Topics: ● The danger of mental health initiatives becoming a "box-ticking" exercise. ✅ ● Bridging the generational gap in attitudes towards mental health in the workplace. ● Why businesses must foster environments where employees feel safe to seek support. ● The financial case: poor mental health costs UK businesses up to £4.5k per employee annually. 💼💡 Claire argues that real culture change begins when leadership commits to making mental health a priority from the top down. The MGAA is proud to partner with MHIB to offer members resources like regional workshops, webinars, and more, designed to help drive meaningful change. 💬 “The conversation has shifted. Leaders now recognize the need to invest in mental health. But it’s essential that these programs are wise and truly impactful.” - Claire Russell 🎙️Listen to the full episode here: https://lnkd.in/ez4GVScg 📺 Watch it on YouTube: https://lnkd.in/eXKSxtaB 📘 Learn about MHIB: https://lnkd.in/eD2g42Ny 🔗 Connect with Claire Russell: https://lnkd.in/edhew5Pa #MentalHealth #WellbeingInBusiness #WorkplaceCulture #InsuranceIndustry #Leadership #MentalHealthAwareness

We are thrilled to welcome Greenlight Re to the MGAA! As a NASDAQ-listed leader, Greenlight Re offers multiline property and casualty insurance and reinsurance through its entities in the Cayman Islands, Ireland, and Lloyd's of London with Greenlight Innovation Syndicate 3456. Their division, Greenlight Re Innovations (GRI), is at the forefront of supporting technology innovators in (re)insurance, providing investment, risk capacity, and access to a broad insurance network. We’re excited to see the valuable contributions Greenlight Re will bring to our community! Want to learn more about Greenlight Re and their innovations? Click here: https://lnkd.in/eM-GjcUv #MGAA #NewMember #Reinsurance #Insurance #Innovation #Technology #RiskManagement

🎧 Have You Listened Yet? Don’t miss Episode #008 of our podcast, where Mike Keating sits down with Kevin Patrick Donoghue, Managing Director at Mystic Capital Advisors Group, to discuss the shifting M&A landscape. In this episode, Kevin covers key insights into: 💡 The rising interest of US firms in UK-based MGAs and Lloyd's brokers 💡 Strategic acquisitions between Lloyd's brokers and US program administrators 💡 Growing cross-border activity driven by recent market trends 💡 The potential impact of the upcoming US presidential election on M&A deals “With interest rates stabilizing, M&A activity is picking up momentum, creating new opportunities on both sides of the Atlantic.” Whether you’re in the M&A space or simply curious about the future of the industry, this episode is packed with valuable takeaways. 🔗 Listen Now: https://lnkd.in/esn67TrP 📺 Watch on YouTube: https://lnkd.in/eKu-vaac #Podcast #MergersAndAcquisitions #BusinessTrends #Finance #LondonMarket #BusinessGrowth