The Insurance Couch Podcast - Licence or MGA? Making the Right Strategic Choice

Get Your Insurance Fix on “The Insurance Couch” Podcast!⁠Join Oliver Lang⁠, former CEO of InsurTech Unicorn Wefox/One Insurance, supervisory board member and advisor and ⁠Nikolaus Sühr,⁠ Co-Founder and CEO of InsurTech enabler ⁠⁠⁠⁠⁠⁠⁠⁠KASKO⁠⁠⁠⁠⁠⁠⁠⁠ as they bring you unique insights from their experiences in the insurance world.In this episode they talk about whether insurers should consider giving back their licence and transitioning to an MGA model — and why, for most small and mid-sized players, it could be the smarter long-term strategy.Here are the key takeaways:80-90% of all national/regional insurers with less than 500 Mio. EUR GWP should turn into MGAsOn average, market capitalization of your business as an MGA is 2.5 x your current valuation as an insurerAt the same time, you will generate a similar profit as an MGA than as a carrier todayYou will notice minimal changes in your day-to-day workMost importantly, you will keep most of your functions, employeesand your brandYet, you can focus on your core strengths and grow your business much cheaperListen to “The Insurance Couch” to stay tuned for the newest chatter about the industry!#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #nsurancelicence #managinggeneralagent #insurancestrategy #insurancetransformation