MGA data requests rise as Solvency II bites
Managing general agents will have to provide insurers with more detailed data to drive down the costs of implementing Solvency II, according to an underwriting and claims director at Towergate.
Michael Muzio, pictured, said the MGA firm had seen a rise in the number of insurers requesting granular data for risk models, which reduces insurers’ capital requirements for Solvency II.
“Many
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