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MGA/MGU/Program Administrator Specialty Insurance Program Development and Placement

While some managing general agents, underwriters, or program administrators believe they have all the contacts they need, the reality is that most do not. For a variety of reasons, program administrators periodically need to search the specialty insurance program marketplace to develop new carrier relationships.

Since our founding in 1983, Preferred has had a strong focus on working with MGAs/MGUs and program administrators. We own a wholesale brokerage operation, as well, so we have first-hand knowledge of the challenges faced by this segment of the insurance industry.

We offer:

  • Due diligence as required, including site visits and audits
  • Preparation of detailed proposals
  • Business plan assistance
  • Market evaluation
  • Placement of program(s)
  • Negotiation of contract terms
  • Monitoring of program results and carrier relationship

 

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