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Could Covéa’s capacity withdrawal derail MGA progress?

A wooden-handled sharp axe stuck in a wooden stump in the middle of a dry grass field under the cloudy sky

After Covéa Insurance pulled away from MGAs due to a “control from an underwriting perspective”, Edmund Tirbutt examines whether other capacity providers could follow suit.

Eyebrows were raised at Covéa Insurance CEO Georges de Macedo’s revelation in Insurance Post’s Big Interview that the provider won’t work with MGAs again because underwriting control is key to

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