X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NU Online News Service, May 5, 5:30 p.m. EDT–Orlando, Fla.–Unlike soft-market cycles of the past, the leadership of a managing general agent association believes its members can hold onto marketshare and grow as the industry continues to change.

While the insurance market is seeing some price softening, which translates into growing competition for wholesalers from the standard lines market, the experience of post-9/11 placement difficulties has demonstrated the value of the MGA system to retail agents and their customers, who are not moving their business, said Bernie Heinze, executive director of the AAMGA.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.