MGA Group Disputes PWC FindingsBy Mark E. Ruquet
PricewaterhouseCoopers did not endear itself to the heads of an MGA association with a recent report on the role of managing general agents in the insurance industry. In fact, the association says its members already have the winning endorsement of the companies they deal with.
The report, "The Role of the Managing General Agent in the Post-9/11 Era–an Efficient Delivery Mechanism or a Risk Venture?" was written for insurers by Key Coleman, manager of financial advisory services for PWC in New York. His job, he said, is dealing with a lot of disputes within the insurance industry.
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