Company sourcedMGA101 is an content series exploring all things Risk Capacity—from where exactly to seek capacity, to the key focus areas to address when entering into a capacity agreement. Featuring Chris Lowell (Managing Director, InnSure) and Somil Jain (Principal & Senior Consulting Actuary, Lewis & Ellis), this series provides actionable insights and a deeper understanding into risk capacity and Carrier-MGA partnerships within the Insurance space.
https://www.youtube.com/watch?v=gKvo74i0-i8&t=342s
This second video covers the following topics:
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Important aspects for MGAs to consider before seeking risk capacity, including the need for thorough user discovery research to answer questions such as “What markets would this product fit best in?”
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Chris and Somil’s go-to spaces and resources for finding risk capacity,
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Key factors to evaluate a potential capacity provider for long-term compatibility with your business model,
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Whether your MGA would benefit more from a Hands-on or Hands-off approach,
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And more.
Finding risk capacity in a hard market is no easy task, but MGAs shouldn’t have to settle for the first option. Through MGA101, Insillion brings clarity to the often opaque capacity landscape, helping MGA founders move from concept to viable program with greater confidence and ease.
