The European MGA ecosystem is growing at a five-year compound annual growth rate (CAGR) of ~23%, outpacing both US and global benchmarks, with year-on-year growth exceeding 20% nearly every year since 2019, according to a Howden Re report.
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European MGA market a ‘sleeping giant’ as growth outpaces US: Howden Re
In 2024, MGA GWP reached approximately $20bn in Europe.