InsurTech MGAs – At The Forefront of Innovation
The State of InsurTech MGAs
The insurtech movement continues to evolve, with new entrants in the digital agency, MGA, carrier, tech, and services spaces. Among the thousands of insurtech entrants in the North American market over the last decade-plus, perhaps no category has been as impactful and innovative as the startup MGA space. There are certainly stellar examples of winning startups in each of the other segments, but the current lineup of 200 or so insurtech MGAs in the market is playing a pivotal role in reshaping the P&C industry.
These market makers span across almost every line of business and are not limited to just historically underserved industries – they are actively exploring growth areas while also finding new ways to reach markets for traditional products.
Are you an early-stage MGA or are interested in transitioning into one? Don’t miss our next InsurTech NY MGA Lab intake program! InsurTech NY, in partnership with ResourcePro, has compiled the following report on the current state of today’s MGA scene.
Read the MGA Report with primary data from 50 MGAs:
MGA Report Table of Contents
MGA Business Models:
Not sure what an MGA is? Check out this InsureTerms article, provided by our friends over at Troutman Pepper Locke
