The M&A landscape and levels of activity in UK insurance broking and MGA markets
Panel Discussion
Wednesday 25 September 2019, 13:00 - 14:30
ACORD Auditorium, 8th floor 1 Minster Court, Mincing Lane, London, EC3R 7AA

The panel will provide insight into M&A trends within the UK insurance broking and MGA markets. The discussion will touch on recent deals and explore the key drivers of M&A in the sector, including what buyers look for when considering acquisitions and potential pitfalls for vendors to avoid.  The team will also discuss the M&A outlook for 2020 and key trends to watch out for.
 
PANEL
Mark Flenner, Partner, KPMG Corporate Finance
David Stokoe, Director, KPMG Corporate Finance
Xavier Woodward, Partner, Livingbridge
Paul Johnson, Partner, Mills & Reeve
 
Mark is Head of Financial Services M&A in the UK and Co-Head globally. Prior to joining KPMG Corporate Finance, Mark worked in Lloyd’s of London and at Amlin plc working on mergers and acquisition projects.
David is a Director in KPMG Corporate Finance’s Financial Services M&A team. David specialises in the insurance sector and prior to joining KPMG Corporate Finance, worked for AIG where he led various European M&A and corporate restructuring transactions.
Xavier is a Partner at Livingbridge, a mid-market private equity firm, where he has a specific focus on the Financial Services market.
Paul Johnson is a corporate partner at Mills & Reeve, a full service law firm, where he specialises in buying and selling business across a range of sectors including insurance.
Learning Objectives
- To learn what the M&A outlook is for 2020;
- To know the key trends to watch out for and learn what the pitfalls are.

NETWORKING LUNCH FROM 12:30.  SESSION RUNS FROM 13:00 TO 14:30
BOOK HERE

   
SMCR: STILL TIME TO GET IT RIGHT!
Chair:  Norman Hughes - CMS
Speakers:  Jeremy Irving and Ian Deakin - Browne Jacobson; John King - IJK
DATE:  Thursday 26 September 2019
VENUE:  ACORD Auditorium, 8th floor 1 Minster Court, Mincing Lane, London, EC3R 7AA

This event involves sharing experiences and know-how to help MGAs optimise their transition from the approved persons regime to the senior managers and certification regime ("SMCR").  MGAs face a key deadline for SMCR on 9 December 2019 and the seminar will help expedite and enhance MGA's ability to meet that deadline and ongoing requirements.  John King, formerly a general insurance supervision manager at the FCA, will discuss the framework methodology for implementation.  Jeremy Irving and Ian Deakin of Browne Jacobson LLP will discuss issues they have encountered on SMCR implementation projects.

Learning Objectives
- To help MGAs prepare for the transition to SMCR in relation to both regulatory and employment law considerations;
- To help those with preparations underway think further about how these might be fine-tuned;
- To help those whose preparations are delayed, to manage their transition on an expedited and efficient basis.

BOOK HERE

FCA Open Door Event

Monday 7 October 2019
Old Library, Lloyd's
The Board of the Managing General Agents’ Association is delighted to invite you to a meeting with the Financial Conduct Authority.  
Topics will include, but are not restricted to, their current consultation paper TR 19-2, SM&CR, further developments on the Duty of Care discussion and an update on the BRexit preparation.

You are invited to submit questions to the FCA beforehand on these and any other topics which you feel warrant raising
Please use the form below; please also state clearly if you wish these to be anonymous.
There will of course be the opportunity for questions on the day.

Our intention is that we should have a full and frank discussion with the FCA.  The Press will not be present and your questions and comments will NOT be reported.

To submit a question, please return this email to: peter.staddon@mgaa.co.uk

Networking lunch available from 12:30 to 13:00.  Session runs from 13:00 - 14:00
BOOK HERE

The Insurance Insider London Market Conference

Date: 07 November 2019
Time: 08:15 – 16:30 (followed by networking drinks)
Location: etc.venues, 155 Bishopsgate

After a decade of market softening and steady widening of terms and conditions, recently London Market carriers have become far more active in managing the underperforming sections of their portfolios.  Lacklustre classes have been re-underwritten or dropped altogether and greater focus applied to trimming loss ratios and enhancing prospective returns.  Following the catastrophe events of the past 2 years even the most indiscriminate of ILS investors are also becoming more discerning in their allocations of capital.  Pricing and prospective returns have already responded positively in many lines. How should London carriers build on this positive momentum?  How should the leadership of the London Market be positioning itself now that so much progress has been so hard won?  However capacity remains abundant and pricing is looking more attractive, so how long can this new-found discipline last?  How should brokers and their clients best navigate this changing world?

WHY ATTEND
Join us on 7 November at The Insurance Insider London Market Conference at the best attended, most thought-provoking and strategic event for (re)insurance professionals, executives and advisers involved with the London market.  Learn the latest thinking from an unrivalled gathering of industry luminaries and make the most of extensive opportunities to network with them and all of your sector peers.

MGAA Members Discount
MGAA members receive 10% when entering the promo code MGAALMC19

https://www.insiderlondonmarketconference.com/