{"id":184127,"date":"2025-04-14T11:27:06","date_gmt":"2025-04-14T11:27:06","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/insurance\/biba-launches-a-guide-to-help-members-access-the-capacity-of-mgas\/"},"modified":"2025-04-14T11:27:06","modified_gmt":"2025-04-14T11:27:06","slug":"biba-launches-a-guide-to-help-members-access-the-capacity-of-mgas","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=184127","title":{"rendered":"BIBA launches a guide to help members access the capacity of MGAs"},"content":{"rendered":"


\n<\/p>\n

The British Insurance Brokers\u2019 Association (BIBA) has launched a new guide to help members when using Managing General Agents (MGAs)<\/p>\n

An MGA\u2019s primary function is the provision of underwriting services via underwriting permissions from insurers.\u00a0 They may undertake many tasks that insurers normally handle and rely on the insurer largely for just risk capacity and the capital that supports it. Many will also appoint insurance brokers under their own Terms of Business Agreement.<\/p>\n

They have become increasingly important to brokers, becoming adept at designing solutions to emerging risks, especially where actuarial data might be limited, providing capacity for more specialised risks, locations or those seen as high hazard. where the traditional company market is more limited. This increase in availability is the reason why, in response to member demand, BIBA published the guidance.<\/p>\n

BIBA\u2019s Head of General Insurance, Alastair Blundell said: \u201cOur members tell us than MGAs are becoming increasingly useful to them, but they were also asking questions about how this might impact their regulatory compliance in several areas. Our guide gives them pause for thought on areas such as Terms of Business Agreements, broker responsibilities, termination of delegated authority and claims.\u201d<\/p>\n

Graeme Trudgill BIBA CEO added: \u201cWe work closely with our colleagues at the MGAA (Managing General Agents Association) and understand the benefits that MGAs can bring to the UK insurance market.\u00a0 We have always championed access to insurance and for our member broker having additional capacity especially in more challenging markets is invaluable. This guidance will give confidence to any member new to using MGAs.<\/p>\n

The guide is a BIBA member only benefit and is available online on the BIBA website.<\/p>\n

Notes to editors<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

1 – For further information please contact<\/strong>:<\/p>\n

BIBA press office:
\nPam Quinn, Head of Communications
\n07562 616686
\nquinnp@biba.org.uk<\/a><\/p>\n

Leighann Forsyth, Deputy Head of Communications
\n07917 738727
\nforsythl@biba.org.uk<\/a><\/p>\n

\u00a0<\/strong><\/p>\n

2 – Privacy<\/strong><\/p>\n

BIBA\u2019s privacy policy can be viewed\u00a0here<\/a><\/p>\n

If you no longer want to receive press releases from BIBA please email the\u00a0Comms<\/a>\u00a0team.<\/p>\n

3 – About the British Insurance Brokers\u2019 Association<\/strong><\/p>\n

\u00a0The British Insurance Brokers\u2019 Association (BIBA) is the UK\u2019s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers.<\/strong><\/p>\n

BIBA membership includes around 1800 regulated firms, employing more than 120,000 people.<\/p>\n

General insurance brokers contribute 1% of GDP to the UK economy; they arrange 77% of all general insurance with a premium totalling \u00a3105.5bn and 94% of all commercial insurance business.<\/p>\n

BIBA is the voice of the sector advising members, Government, regulators, consumer bodies and other stakeholders on key insurance issues.<\/p>\n

The BIBA Conference is Europe\u2019s largest insurance exhibition and hosts over 9000 insurance professionals and 230 exhibitors annually.<\/p>\n

 <\/p>\n

The post BIBA launches a guide to help members access the capacity of MGAs<\/a> appeared first on BIBA<\/a>.<\/p>\n\n","protected":false},"excerpt":{"rendered":"

The British Insurance Brokers\u2019 Association (BIBA) has launched a new guide to help members when using Managing General Agents (MGAs) An MGA\u2019s primary function is the provision of underwriting services via underwriting permissions from insurers.\u00a0 They may undertake many tasks that insurers normally handle and rely on the insurer largely for just risk capacity and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[1846,22554,3853,2059,10851,3883,53403],"dealstore":[],"offerexpiration":[],"class_list":["post-184127","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-access","tag-biba","tag-capacity","tag-guide","tag-launches","tag-members","tag-mgas"],"yoast_head":"\nBIBA launches a guide to help members access the capacity of MGAs - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=184127\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIBA launches a guide to help members access the capacity of MGAs - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The British Insurance Brokers\u2019 Association (BIBA) has launched a new guide to help members when using Managing General Agents (MGAs) An MGA\u2019s primary function is the provision of underwriting services via underwriting permissions from insurers.\u00a0 They may undertake many tasks that insurers normally handle and rely on the insurer largely for just risk capacity and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=184127\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-14T11:27:06+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=184127#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=184127\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"BIBA launches a guide to help members access the capacity of MGAs\",\"datePublished\":\"2025-04-14T11:27:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=184127\"},\"wordCount\":469,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"keywords\":[\"Access\",\"BIBA\",\"CAPACITY\",\"Guide\",\"launches\",\"Members\",\"MGAs\"],\"articleSection\":[\"Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=184127#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=184127\",\"url\":\"https:\/\/fivemor.com\/?p=184127\",\"name\":\"BIBA launches a guide to help members access the capacity of MGAs - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"datePublished\":\"2025-04-14T11:27:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=184127#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=184127\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=184127#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BIBA launches a guide to help members access the capacity of MGAs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BIBA launches a guide to help members access the capacity of MGAs - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=184127","og_locale":"en_US","og_type":"article","og_title":"BIBA launches a guide to help members access the capacity of MGAs - Som2ny Network","og_description":"The British Insurance Brokers\u2019 Association (BIBA) has launched a new guide to help members when using Managing General Agents (MGAs) An MGA\u2019s primary function is the provision of underwriting services via underwriting permissions from insurers.\u00a0 They may undertake many tasks that insurers normally handle and rely on the insurer largely for just risk capacity and […]","og_url":"https:\/\/fivemor.com\/?p=184127","og_site_name":"Som2ny Network","article_published_time":"2025-04-14T11:27:06+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=184127#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=184127"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"BIBA launches a guide to help members access the capacity of MGAs","datePublished":"2025-04-14T11:27:06+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=184127"},"wordCount":469,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"keywords":["Access","BIBA","CAPACITY","Guide","launches","Members","MGAs"],"articleSection":["Insurance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=184127#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=184127","url":"https:\/\/fivemor.com\/?p=184127","name":"BIBA launches a guide to help members access the capacity of MGAs - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"datePublished":"2025-04-14T11:27:06+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=184127#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=184127"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=184127#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"BIBA launches a guide to help members access the capacity of MGAs"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/184127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=184127"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/184127\/revisions"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=184127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=184127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=184127"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=184127"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=184127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}