MGA Model Evolution in Asia
Funding for MGAs mainly come from private owners/ investors,
private equity showing increasing interest in the model
Global ownership of MGA
80%
70%
60%
50%
40%
30%
20%
10%
Roland
Berger
> Compared to brokers, private equity
ownership is higher in MGAS
> We expect this is due to the fast growth of the
MGA industry that attracts private equity
> Fast growth of MGAs are driven by MGAS
value adding to insurers more than brokers
by
-
- Supporting across the value chain on
distribution (e.g. market access),
underwriting, policy administration etc.
Reducing the combined ratio of insurers
0%
Private investors/owners
Overseas investors
Private equity
All distributors
MGA
Source: Managing General Agents Association, Roland Berger
Others
20200525_MGA model evolution Asia_vf.pptx | 8View entire presentation