IUA London Underwriting Centre 3 Minster Court Mincing Lane London EC3R 7DD
+44 (0)207 617 4450
  • About MGAA

    The Managing General Agents' Association is a not-for-profit trade association representing true MGAs. Our aim is to represent and support the UK MGA market.  We work within the professional framework of the Chartered Insurance Institute and our members sign the MGAA Code of ethics.

    Managing General Agents (MGAs) are an important, established and fast-growing sector of the UK insurance industry.

    Over 300 MGAs currently underwrite over 10% of the UK’s £47 billion general insurance market premiums.

    MGAs deserve specific representation to lobby on their behalf, communicate their considerable benefits and drive best practice.

    The Managing General Agents’ Association (MGAA) was formed in 2011 to fulfil this role.

    The total number of full MGA members now stands at 101, which collectively represent over £3.5bn of underwriting capacity. 

MGAA Videos

  • MGAA - Introducing the Managing General Agents' Association video

    Peter Staddon, Managing Director of the MGAA talks about the MGAA and its key objectives click here for more
    • View
    • Print


    Introducing the MGAA

    Hello my name is Peter Staddon and I am the Managing Director of the MGAA.

    I'd like to take a few moments of your time to talk about the Association.

    If you are Interested in being a Managing General Agent, or are you wondering what an MGA is, let me give you some background information.

    We are the Managing General Agents Association a trade association formed in 2011 to give the industry a better understanding of what an MGA is and how they contribute to the insurance sector in the UK

    First of all we must understand that an MGA is not a wholesale broker but a firm who underwrites insurance business on behalf of an insurance company or Lloyds syndicate.

    Unlike an insurance broker their fiduciary duty is towards their capital provider and not the policy holder.  It is estimated that there are approximately 250 MGAs or Underwriting Agencies operating in the UK who write in excess of £5 billion in insurance premium annually.

    These firms provide the market with specialist knowledge or as an alternative distribution channel to the insurer or Lloyds syndicate.

     The regulator and some market practitioners have not fully understood the workings of MGAs, therefore the MGAA aims to change this and together with our published objectives we will assist MGAs in providing professional underwriting services on behalf of insurers who want to complement their own niche or distribution channels.

     Our objectives include, amongst other things, being a central body to put our member’s views to Government to the Regulator and also to the European Union.

    We represent our members by engaging with stakeholders to explain how changes in the law directly impact the members operations and could have an adverse effect on the consumer or commercial customer.

    We will set out best practice guidelines which will assist the market both member firms and their capital providers with a view of increasing stability, security and the reputation of their own business but also of the industry at large.

    We do this by engaging with our members and listening to their concerns and where appropriate we develop bespoke services to assist them

    Thank you for watching. If you have any queries or would like to get in touch please use my contact details here.



    To watch this video go to

    The thoughts and opinions shared in this video transcript are provided for information purposes only and do not represent the views and opinions of You Talk Insurance Limited.  Professional advice should always be sought before making any decision


Book your place to hear Chris Riley of @PKF_Littlejohn updating on recent tax developments - Tuesday 2 May
RT @LucasFettes: Our colleagues at Ptarmigan Underwriting UK are exhibiting at #biba2017 with @UKMGAA on May 10 & 11!…
RT @vantage_insure: Underwriting representatives from our Leisure and Tour Ops teams will be on Stand D80 at #BIBA17, alongside other membe…
60% believe there will be an increase in M&A activity in MGAs this year, down 20% from 2014. Read more here:…
RT @LucasFettes: Our colleagues at Ptarmigan Underwriting UK are exhibiting at #biba2017 with @UKMGAA next month!
looking forward to #BIBA2017 and drinks reception with @EC3Legal and @PKF_Littlejohn.
Don’t miss the next iWIN Forum - Opportunity Knocks. No crystal ball but the London market is ready! Monday 8 May
The image gallery from our social event at the Artillery Company is now available on our website. View:…
Our next market briefing on 2 May sees Chris Riley, of @PKF_Littlejohn updating on recent tax developments…
RT @LucasFettes: Our colleagues at Ptarmigan Underwriting UK are exhibiting at #biba2017 with @UKMGAA next month!
RT @vantage_insure: Exactly 1 month to go until #BIBA2017! Catch us exhibiting alongside other members of @UKMGAA on Stand D80…
The podcast for "Demystifying Analytics and Data Warehousing for MGAs" @GIROUX_UK is now available. Click here -
RT @GIROUX_UK: Great event @LloydsofLondon, helping @UKMGAA members learn the fundamentals of data analytics #insuranceanalytics https://t.…
Looking forward to @Eric_Giroux 'Demystifying Analytics & Data Warehousing for MGAs' at 1pm today in the Old Library @lloydsoflondon
RT @vantage_insure: Catch Vantage at #BIBA2017 with @UKMGAA on Stand D80, May 10-11 in #Manchester
MGAA Matters survey finds more than 62% of respondents expect an increase in number of MGAs in UK market in 2017:…
RT @LucasFettes: Our Ptarmigan Underwriting UK colleagues are exhibiting with @UKMGAA at this year's BIBA conference! #BIBA2017
RT @EunaUwing: @EunaUwing's Property Assistant Underwriter was lucky enough to attend the @UKMGAA programme last week! Thank you for the op…
If you missed @SchemeServe Market Briefing - Supercharge your premium income, the podcast is now available