The Insurance Couch Podcast - Should Insurers Work With MGAs? Risks, Opportunities & the Playbook for Success (3/3)

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 how insurers can evaluate and manage MGA partnerships: from assessing the team and revenue case to establishing the right controls, oversight and strategic setup for a successful collaboration.This episode concludes our three-part series on the topic of working with MGAs.Here are the key takeaways:Make collaboration with MGAs a strategic priority if you want to enter the fieldCheck the track record and credibility of the MGA teamCheck the robustness of the revenue caseVerify your ability to monitor and adjust portfolio profitability over timeExecute appropriate controls according to your risk heat map and the due diligence resultsListen to “The Insurance Couch” to stay tuned for the newest chatter about the industry!#MGAInsights #InsuranceLeadership #InsuranceDistribution #InsurerStrategy #MGA