SCOTTSDALE, ARIZ.–A survey by a major reinsurance broker shows that managing general agents feel that program business from insurance customer groups is moving in a positive direction despite declining rates.

The survey results, titled “New Opportunity and Old Challenges Converge,” were released here yesterday at the 82nd annual meeting of the American Association of Managing General Agents by the reinsurance broker Guy Carpenter, a unit of New York-based Marsh & McLennan Companies.

Carl A. Bach, Guy Carpenter managing director and practice leader, said this is the fourth year of the survey. His firm helps managing general agents and carriers find each other, charging a success fee for the placement, Mr. Bach explained.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.