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 | 7View entire presentation