MGAA appoints Marco Del Carlo as new Board Director
The Managing General Agents’ Association (MGAA) has announced the appointment of Marco Del Carlo, managing director of Tempo Underwriting, as a new board director at its annual general meeting today.
Del Carlo is founder of Tempo Underwriting, which is an underwriter-led, multi-line MGA, focused on specialty lines business.
Alongside Del Carlo, board members Jeff Turner of Miramar Underwriting and Mark Birrell of Castel Underwriting Agencies are both re-elected for four-year terms. Karen Beales of UK General Insurance and Jonathan Skinner of Pen Underwriting also remain on the board as representatives from the two largest MGA members in line with the MGAA’s Articles of Association.
They join Charles Manchester of Manchester Underwriting Management, Catherine Bell of inet3, Bill O’Malley of Arch Insurance, Keith Stern of Lloyd’s, Charles Earle of Advent Solutions and Peter Staddon, the Association’s Managing Director, on the board.
Speaking at the general meeting, Charles Manchester, chair of the MGAA, said: “Marco brings additional depth and experience to our board that reflects the breadth of expertise and entrepreneurialism that the MGA sector is recognised for.
“We are all committed to delivering an ambitious strategy. We are building the role and profile of the Association, driving increased engagement with the broker market, working with insurers to create greater efficiency, promoting and supporting best practice in training and development of our talent, expanding our focus and support to members in the regions and helping MGAs to negotiate the challenges that Brexit and the regulatory environment creates.”
All board appointments were ratified at the general meeting held at Lloyd’s. Votes were cast by full members of the MGAA and the results independently scrutinised by David Matcham of the International Underwriting Association.
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.