S&P 5007,683.69▼0.8% Nasdaq26,820.38▼0.9% Dow51,481.51▼0.7% Russell 2K2,817.91▼0.7% 10-Yr5.24%+6bp VIX16.07+1.20 WTI$93.42▲1.1% Gold$4,147.50▼4.0% EUR/USD1.137▼0.1% BTC$84,270▲0.8% Nikkei65,339▼1.6%
At close · Tue, Sep 29, 2026
Daily Market Updates.

Insurance

Home›Insurance›Industry & Deals›US MGA premiums reached about $128 billion as tech ado…

US MGA premiums reached about $128 billion as tech adoption evolves

Conning data cited in the article puts MGA premiums at roughly $128 billion, while an Amynta executive says firms must decide what to centralize versus what to keep specialized by line.

The US managing general agent, or MGA, market continued to grow in 2025, with premiums flowing through MGAs reaching roughly $128 billion, according to a Conning study, cited by Insurance Business.

In an interview, Anthony Slimowicz, executive vice president and chief operating officer of MGA and Specialty Risk at Amynta Group, said the key issue for modernizing technology is applying it selectively rather than uniformly across the market.

He drew a line between processes that can be centralized or moved onto a common platform, and those that reflect unique line-level requirements, saying workers' comp, surety, and trade credit can have very different needs and outcomes.

Slimowicz said the hurdle is understanding what can be modernized and what should not, emphasizing that recognition of each business line's uniqueness is part of making technology upgrades work.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.