MGA numbers and M&A 'to rise'

Managing general agents (MGA) expect their ranks to grow over the
next 12 months, alongside an increase in M&A activity,
according to a report from the Managing General Agents'
Association (MGAA).
The lobbying group's MGAA Matters report, written in
conjunction with Castel Underwriting Agency, found that 63 percent
of respondents expected the overall number of MGAs to increase in
the next year, with just 12 percent expecting a decrease.
A slim overall minority (48 percent) believed the curre