Carrier Affiliated MGAs are Going Independent
Listen to George Bucur, Managing Director and Specialty Practice Co-Head, explain the market drivers around the growth in premium valuations of independent brokers. Because underwriters have unique capabilities that are desirable by independent brokers, recruiting underwriters away from carriers has become a strategic growth move for independent brokers. This is advantageous because premium valuations are placed on delegated authority and other specialty firms that are independent from risk takers.
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