In this episode of Behind the Policy: Design Firms, we break down a recent Canadian Underwriter article examining why brokerages are increasingly acquiring or creating Managing General Agencies (MGAs).

We explore the market forces behind this shift—including capacity constraints, margin pressure, underwriting control, and access to specialty products—and what MGA ownership really means for the insurance ecosystem. More importantly, we discuss how this trend affects carriers, brokers, insureds, and niche sectors like professional liability for architects and engineers.

Is MGA ownership about innovation—or survival?
 And what does it signal about where insurance distribution is heading next?