MGA Maturity Index
The MGA growth journey with helpful descriptors at each stage of development.
The Big Idea
0 years
I have an idea and the incentive to create an MGA.
The Journey Begins
0-3 years
I have a plan and seed investment. I am regulated under an umbrella arrangement. I need systems and secure capacity.
Creating Lifestyle
3-5 years
My business is running well and I have the ability to grow earnings to give me a good income.
Building My Empire
5-7 years
I'm enjoying the lifestyle business. Many MGAs stop here. But I want to drive forward, building a bigger operation by adding new classes.
Going International
10+ years
I'm ready and willing to take the leap few other MGAs do. Either with the help of investors, a partnership, or from retained earnings.
Key MGA Assets
Insureds, clients, customers and key data held within your CRM system
1
2
Claims / pricing data, and underwriting expertise
3
Secure capacity and brand