The Role of the MBA Incubator – Thought piece synopsis

The Role of the MBA Incubator
Acccording to the Lloyd’s Coverholder Department there were 4150 MGAs registered with Lloyd’s in 2016, with MGA income representing in excess of 30% of Lloyd’s GWP, up from 13% in 2011. With a number of MGA launches announced in 2017 and more in the pipeline, most commentators agree that the MGA model is here to stay. MGAs have an important role to play in the market and represent a very significant source of business for the Lloyd’s community. With the growth in MGAs has come the emergence and development of MGA incubators. This feature covers the role of the MGA incubators, the services they provide to MGA clients and the opportunities and advantages for MGAs in growing their business in an incubation environment.