Facts, Facts and More Facts: Number of MGAs – Blog
And the number is…92! This is the final number of firms in Investor Economics MGA-Distributors category. The category encompasses those MGA contract-holders which operate as “full-service” intermediaries between insurance carriers and contracted insurance advisors, providing access to portion of MGA contract override, back-office, underwriting and administrative support, marketing, business development and training services. This is the number revealed by our newly-minted insurance distributor database. Another 223 firms fall into the MGA-Retailer category, bringing the total number of MGAs in Canada to 310 firms. For more on our categorization of insurance distributors, please see the latest issue of Insurance Advisory Service at http://investoreconomics.com/issue/insurance-advisory-service. Posted by Goshka Folda goshka@iei.ca.