March 5, 2025
MGA Momentum: Key Trends Shaping the Market in 2025
In the last of a 3-part article series on the topic of “Insights for an Evolving Market”, the Financial Services Industry Group's Insurance sector explores the the rise and positioning of the Managing General Agents (MGAs) landscape.
5 Trends to Recent Growth Drivers of MGAs:
- Hard market conditions
- Influx of private capital
- Demand for specialization
- Increased collaboration with insurers
- Technology acceleration
Emerging Trends That Will Further Shape the MGA Landscape:
- Product innovation
- Market expansion
- Insurtech partnership
- Direct-to-consumer (DTC) distribution models
- Regulatory evolution
- Continued M&A and consolidation
Read the first article in this series, U.S. Excess and Surplus Market: Unlocking Growth with Strategy & Execution
Read the second article in this series, More Than an Administrator: An Investor’s Guide to TPA Value Capture in 2025