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Reinsurers become more selective with MGA programs on underwriting durability
Insurers and MGAs are now expected to show transparent, timely data and underwriting profitability through the cycle, not just headline growth.
Reinsurers are raising the bar for which managing general agent, or MGA, programs they support, according to Accredited executives speaking ahead of the 68th edition of the Rendez-Vous de Septembre in Monte Carlo from September 5 to 9, 2026.
Reinsurance News reports that Accredited’s Head of Reinsurance UK and Europe, Jon Wood, and Head of Business Development, Marco Hensemberger, said reinsurers are looking beyond capacity deployment to assess whether an MGA’s underwriting proposition is sustainable through changing market conditions. They highlighted underwriting profitability, data quality, governance, and the strength of the carrier relationship as key differentiators.
Wood said reinsurers want strong alignment of interests and a clear understanding of why an MGA has an edge, whether it comes from specialist underwriting expertise, distribution, access to a customer base, or a differentiated product. He added that evidence of repeatable results, including demonstrable underwriting profitability through the cycle, matters more than growth alone.
Both executives also emphasized transparency, including closer scrutiny of the quality and timeliness of data, underwriting controls, and claims performance, as well as how quickly parties respond if results start to drift. According to the report, Wood described good data as a fundamental tool for underwriting and portfolio management that builds confidence for reinsurers as programs develop.