The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab.
As part of the deal, Insurance DataLab joins the MGAA as a Supplier Member and offers exclusive benefits to MGAA members, including a 10% discount on new annual licences, according to FF News.
The partnership aims to strengthen the MGAA community by enhancing its access to high-quality data and analytics.
With this initiative, MGAA members will gain exclusive benefits, including discounted access to Insurance DataLab’s platform, empowering them to make more informed, data-driven decisions and better respond to evolving market conditions.
Insurance DataLab’s platform provides performance intelligence on every regulated non-life insurer and Lloyd’s syndicate, as well as leading MGAs and broking firms.
The tool offers insights into underwriting performance, financial strength, claims experience, complaints handling, solvency, and customer satisfaction. These features help MGAA in its roles of advocacy, regulatory engagement, and sector development.
The MGAA, established to represent and support managing general agents, continues to serve as a unifying body for the MGA market, promoting best practices and engaging with key stakeholders in the insurance value chain.
Insurance DataLab, co-founded by Matt Scott and Dan King, focuses on delivering powerful market intelligence tools that enable firms to improve operational and strategic performance through meaningful data.
Further aligning the two organisations, the MGAA will be branded as an official partner in Insurance DataLab’s upcoming MGA Performance Report 2025. The report, a benchmark of MGA market performance, will be available in print and distributed from the MGAA desk during the MGAA Annual Conference.
MGAA members will receive a 10% discount on new annual licences for Insurance DataLab’s insight platform, with pricing starting at £7,950. This provides access to tools designed to support due diligence on capacity providers, assess distribution partnerships, strengthen compliance, and guide strategic planning.
Mike Keating, CEO of the MGAA, said, “We are delighted to welcome Insurance DataLab as a new member, and announce this partnership – it is a collaboration which underscores our commitment to delivering real value to our members by offering them the ability to equip themselves with the tools they need to succeed in a complex and competitive environment.
Access to high-quality data and meaningful insight is critical for MGAs to navigate market challenges, evaluate opportunities, and meet increasing regulatory and capacity provider expectations.
By partnering with Insurance DataLab, we are not only enhancing our ability to support members through advocacy and market intelligence – we are also helping to raise performance standards across the sector. I’m delighted to be working with Matt, Dan, and the team as we continue to build a stronger, more informed MGA community.”
Matt Scott, co-founder of Insurance DataLab, said, “MGAs are driving innovation across the insurance market, and we’re proud to partner with the MGAA to give their Members access to data that helps power better decisions. This is about helping MGAs thrive by putting real insight in their hands.”
Dan King, co-founder of Insurance DataLab, said, “We’ve built Insurance DataLab to deliver intelligence that’s not just interesting, but genuinely useful. This partnership with the MGAA allows us to reach more of the market and provide it with the tools it needs to succeed.”
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