New Insly guide addresses some of the biggest challenges MGAs face in scaling from £10m to £50m GWP and how to overcome them.
Building an MGA can be lucrative and rewarding. Globally, MGAs generated almost $30bn of revenues in 2024, with 20% annual growth since 2020. But despite the opportunities for MGAs to carve out a profitable niche serving brokers, capacity providers, and customers, many founders struggle to transition from running a small MGA to one generating premiums exceeding the £10m mark.
While every MGA’s scaling journey is different, Insly’s new guide provides a helping hand by providing a blueprint for some of the most common operational, people, and technological challenges founders face in expanding their GWP – and bottom line. The report draws on insights from MGA and insurance experts, as well as founders who have broken through the £10m barrier.
MGAs will take away eight key priorities for boosting their GWP and forging ahead of the competition, including:
- How to build trusted and rewarding partnerships with capacity providers, brokers, and software providers.
- Ensuring you have the leadership, talent, and investment to propel the business to growth.
- The role of automation and repeatable processes in facilitating effective scaling, and how to digitise systems effectively.
Register now to download our MGA Scaling Guide and start putting your growth plan in place and laying the foundations for an even brighter future.
Download the guide here:
