MGAs filling gaps left by carriers in product recall market: Lockton
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MGAs filling gaps left by carriers in product recall market: Lockton

Eli Rallo
August 26, 2021
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Managing general agents have stepped up to plug capacity gaps in the product recall market left by large players that have been pulling back in the segment – such as Allianz, Liberty and Zurich – according to a new report from Lockton.

Exits by the large carriers have given MGAs an opportunity to grow in a line where rate increases are leading to better profitability.

“Once

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Eli Rallo
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