The Managing General Agents’ Association (MGAA) has released its 2025 Annual Report, highlighting “a year of strong growth, innovation, and industry-wide impact across the MGA sector.”
The report, which covers the period from August 2024 to July 2025, underscores the MGAA’s role as the voice for delegated underwriting in the UK & Ireland, with growing influence in Europe and internationally.
According to the report, the association saw strong growth across all membership tiers. MGA Members increased to 249 in 2025, from 233 in 2024, Market Practitioner Members rose to 68 from 64 in 2024, and Supplier Members grew to 152 from 142 in 2024.
Michael Keating, the MGAA Chief Executive Officer, said: “The MGA sector continues to flourish in the UK, ROI, Europe and Internationally, it remains the fastest growing P&C segment underpinned by expert underwriting knowledge, innovative product delivery, cutting edge technology and unrivalled levels of service.
“I’m pleased to share that the Association continues to grow its membership across all three tiers, with more insurer partners wishing to partner with our MGA members. Our Suppliers continue to provide market leading products and services to all tiers.”
<!–
–>
The report also highlighted a number of other key achievements from the past year, including the successful launch of a new website and a refreshed brand identity.
MGAA’s MGA Assess web-based learning solution has been designed for all experience levels to help meet organisations’ training and competency needs. This includes 14 bespoke modules specifically for the MGAA membership.
The association also expanded its event schedule, which saw a record number of delegates attend, and its online educational programs continued to be a success.
Its Online Market Briefing programme has continued to be a success, with Supplier and Market Practitioner members sharing their knowledge and expertise on a wide range of topics throughout the membership year.
The CII CPD-accredited educational market briefings, despite being fewer in number, saw a 51% increase in average registrations per session, demonstrating a strong interest in the engaging and topical content.
Additionally, MGAA’s POLI (Programme of Learning and Insight) content on YouTube has already received 8,299 views, demonstrating strong engagement beyond live sessions, the organisation noted.
In addition to member services, the MGAA strengthened its regulatory relationships, engaging with key bodies such as the FCA and PoolRe to protect member interests.
Keating stated: “On behalf of members, we have further strengthened our regulatory relationships, achieving greater recognition and understanding of the MGA sector. I’d like to take this opportunity to thank all the MGAA Executive team who work tirelessly to ensure you, as valued members, are consistently provided with the tools and opportunities to enhance your business.”
Recent issues tackled:
- FSCS Markting Briefing (FSCS) • Co-manufacturing and associated regulatory requirements
- Delegated Underwriting Frameworks & Operational Resilience Inter-twined (ICSR)
- FCA open door session with Matt Brewis (Director of Insurance, FCA) • FCA Annual Programme of Work & 5 Year Strategy (ICSR)
- SME Terrorism Insurance Policy Cover Consultation (PoolRe)
- FCA CP25/12 Consultation submission
The CEO concluded: “Finally, it was great to welcome Alison Hunt, Member Services Executive and Alison Cairns, Learning & Development Manager to the team during the past year which will only ensure the value of the MGAA membership remains pivotal to you and your business over the next 12 months and beyond. I hope you enjoy the report, and I look forward to working with you all again through the remainder of 2025 and into 2026.”
The post MGA sector delivers strong growth and industry impact in 2025: MGAA appeared first on ReinsuranceNe.ws.
