2023 to mark inflection point for 400-500 InsurTech MGAs

09 January 2023

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Around 400 to 500 global InsurTech MGAs are facing an inflection point where they may have to pivot their business models this year, sources have told this publication, as market dynamics combine to turn the screw on loss-making entities.

As investor appetite for InsurTechs continues to decline, and risk capacity partners re-evaluate their tolerance to support InsurTech MGAs that remain unprofitable, sources agreed that many of these companies will have to consider changing fundamental aspects of their business...

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2023 to mark inflection point for 400-500 InsurTech MGAs

Around 400 to 500 global InsurTech MGAs are facing an inflection point where they may have to pivot their business models this year, sources have told this publication, as market dynamics combine to turn the screw on loss-making entities.

Uncover exclusive insights tailored for insurance leaders

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2023 to mark inflection point for 400-500 InsurTech MGAs

Around 400 to 500 global InsurTech MGAs are facing an inflection point where they may have to pivot their business models this year, sources have told this publication, as market dynamics combine to turn the screw on loss-making entities.

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Uncover exclusive insights tailored for insurance leaders

Topics

HDI elevates Hensel to CUO

Specialist Risk Group engages Evercore as it considers strategic options

Chief insurance officer Spencer exits Parsyl

Insurers claim war is excluded from Nord Stream policies in EUR400mn lawsuit

Generali to separate insurance and asset management operations

Reinsurance hit anticipated as Dubai flooding impact emerges

Additional prop cat demand ‘pronounced’ in Q1: GC’s Klisura