MGA Model Evolution in Asia slide image

MGA Model Evolution in Asia

Roland Berger MGA rely on insurers for reputation and claims record to gain customer trust but offer area of specialization & technology to insurers. What MGAs look for when partnering insurers What are the key factors in partnership? [% that said yes by factor] Is technology an important factor in your insurer relationship? [% split of answers] No underwriting Market reputation 77% Experience in your Others 48% areas of specialization Key to assure customers and skills and customer reach 2% Claims paying 38% enable sales are what count record 27% Exclusive arrangement 25% Help in navigating 21% regulatory approvals Collaborative approach 21% on conducting risk mgt. 26% Ability to leverage 19% data East of reporting 19% and compliance - Yes we seek assurances / skills/support in this area from insurers Speed of approval 17% Source: Clydeco, Roland Berger 45% Yes - we offer support in this area 20200525_MGA model evolution Asia_vf.pptx | 7
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