Insurance Couch Podcast

The Insurance Couch - MGAs

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Get Your Insurance Fix on "The Insurance Couch" Podcast!

Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world. 

This episode is all about MGAs and their practices 🎙️

These are some key points about what to expect to learn from the conversation in this podcast session:

  • MGAs are just like an insurance company without taking risk, buying reinsurance and investing assets
    • The difference between agents and MGAs is the delegated authority (products, underwriting, pricing, claims)
    • MGAs outsource the regulatory burden and solvency capital requirements to insurers
    • Only start an MGA when you have at least one of these superior capabilities 

      • 1) distribution

      2) product, underwriting, pricing

      3) claims

      • As an insurer, you must find a way to identify and manage good MGAs – or you will incur losses
      • Three growth areas for MGAs. Embedded insurance (both brands/platforms and insurers)commercial underwriting and innovation 2.0 (for insurers) 

        • Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry! 


        #insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #MGA #Assekuranz

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        Insurance Couch PodcastBy Nikolaus Sühr