Markerstudy and Policy Expert have been the named the country’s two biggest MGAs after achieving revenues of between £80m and £100m for UK-based non-life risks in 2022.
Market analyst Insuramore reviewed revenues - defined as fees and commissions earned in relation to UK-based risks from any kind of direct non-life insurance - to produce Insurance Post's Top 75 MGAs List.
Markerstudy and Policy Expert achieved MGA/MGU revenues between £80m and £100m from UK-based non-life risks in 2022 earning the companies top billing in Insurance Post's Top 75 MGAs 2023 list.
Animal Friends, Arch Capital Group, Ardonagh Group, and Gallagher achieved MGA/MGU revenues between £60m and £80m from UK-based non-life risks in 2022.
ICW Insurance Services, Many Group, and Nexus Underwriting achieved MGA/MGU revenues between £40m and £60m from UK-based non-life risks in 2022.
AutoProtect, Avantia, CFC Group, EGV (Holdings), Howden Group Holdings, and PIB Group achieved MGA/MGU revenues between £30m and £40 from UK-based non-life risks in 2022.
Brown & Brown, Countrywide Legal Indemnities, Prestige Underwriting, Ripe, Simply Business and Zego achieved MGA/MGU revenues between £20m and £30 from UK-based non-life risks in 2022.