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.

Fuel a smarter strategy with our actionable market intelligence

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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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Fuel a smarter strategy with our actionable market intelligence

Topics

Everest Q1 CoR up 14 points to 102.7% as reinsurance unit hit by wildfires

Axis Q1 CoR decreases 1 point to 90.2% despite higher cat losses

Hamilton Global Specialty cyber head Spencer-Sim to exit

Realistic growth expectation for reinsurance is 6%-7%: Arch CFO

Voss among multiple European TL resignations from Dual

PartnerRe non-life segment swings to Q4 profit

Travelers Europe chief information officer Kitchen exits for Marsh