To be successful, an MGA needs to out perform their capacity provider’s “normal” book. As well as excellent risk selection and underwriting discipline this increasingly involves superior claims management and policy administration. As a result, many MGAs are already virtual insurers; adding risk capacity is the logical next step.
Solly Bourne from Price Bailey will show you how to use Guernsey’s innovative and flexible corporate structures to share risk with existing capacity providers, taking advantage of the current market conditions to minimise risk whilst steadily growing the business from small reinsurer to meaningful capacity provider.
