Mike Keating appointed new Managing Director of MGAA
The Managing General Agents’ Association (MGAA) has today announced the appointment of Mike Keating as its new managing director. He will assume the role on 8 September 2020.
Mike will be responsible for the continuing growth of the Association’s membership and increasing the levels of engagement with insurers and brokers. He will also be focused on ensuring the needs of MGAs are understood and being met with a broader range of membership benefits to support their growth.
He joins from Qlaims Limited where he was chief development officer. During his near 30-year career in the insurance industry he has held senior leadership roles in a number of personal and commercial lines managing general agent businesses, including UK General and One Commercial (part of Primary Group) and is a former managing director of Intermediary & Partnerships at AXA Personal Lines. While working at UK General, Mike served as an MGAA board member.
Charles Manchester, chair of the MGAA, said: “Mike’s understanding of the operational challenges MGAs face in building and sustaining a business in today’s market will be of real benefit to our members.
“The speciality lines sector faces capacity challenges, a continual hardening of the rating environment and the impact of COVID-19. Mike’s background in the insurer and broking management areas will be equally as important to us as we work to develop our capacity provider and broker relationships to create mutual opportunities for all parties.”
Commenting on his appointment, Mike Keating said: “I’m delighted to be joining the Association at a time when the industry looks to tackle the challenges which were prevalent before the COVID19 crisis and those which have emerged over the last three months. MGAs have a continuing key role to play in delivering underwriting value to capacity providers as well as offering relevant products to meet the needs of their distribution partners.
“The Association will strive to ensure all the necessary support, engagement and tools are available for MGAs to meet these challenges both now and in the future.”
Mike Keating replaces Peter Staddon, who is retiring in August. Peter will continue to work at the Association on a part-time basis until Keating joins to ensure an orderly handover.
Authored by the MGAA
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.