MGAs ‘must have a plan B to survive soft market’
While he said the MGA market is “one of the most exciting and consequential inflexion points” in his 50-year career, McGill chair John Lloyd said “we will now see who the real players are in a soft market”.
Lloyd, who was a founder of Lloyd Thompson in 1981, which went on to form part of JLT, which was later sold to Marsh back in 2018, told delegates at the Managing General Agents’ Association conference
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on News
Open GI x Covéa; Aviva’s cyber cover; PIB’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Brettell reshapes Zurich Municipal for evolving risks
Four years on from taking charge of Zurich Municipal, Amy Brettell has revealed how the specialist insurer has undergone a fundamental transformation to help it best serve public sector and voluntary organisations facing increasingly complex risks.
Post’s Sulaiman wins WTW media interview award
Former Insurance Post senior reporter Damisola Sulaiman has been named Risk Profile Interviewer of the Year at the 2026 WTW Media Awards, recognising work she produced while at the title.
Marco Distefano departs Axa UK
Marco Distefano, managing director of retail home and motor at Axa UK, has departed the business, Insurance Post can reveal.
Defra sets out vet reforms to ‘radically modernise the industry’
The Department for Environment, Food and Rural Affairs has today (9 July) set out what it calls “the most significant overhaul of veterinary regulation in six decades”.
Copart promotes UK CEO Pocock to president
Copart has promoted UK CEO Jane Pocock to president, effective as of 1 August.
Minster Law reports 230% uptick in alternative dispute resolution
The motor claims insurance industry should become more proactive with using alternative dispute resolution (ADR) to cut costs and court waiting times, says Minster Law’s chief commercial officer Paul Taylor as the law firm reports a 230% year-on-year increase of ADR cases.
FCA insists delegated authority review isn’t challenge to MGAs
The Financial Conduct Authority’s work around outsourced and delegated authority work is not to challenge the model, but more to gain an understanding of the way the sector works.