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
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