MatBlas

Managing Agents working on a delegated authority basis are our ideal clients. Clients that are in need of timely and consistent data so that they can act instead of react to the daily challenges of a tough pricing environment. Clients that are ready to embrace change and are ready to redesign their workflow to create a consistent and robust end to end framework. Clients that want ownership of their actuarial analyses but can’t justify a full time actuary.

Managing General Agencies are the producers of the business, the front liners. Yet, often they exercise limited control over their operations from what to write, to how much business to write, to what new products to launch to what data they hold in their systems.

Often they do not have a clear picture of the performance of the business they write.

For many MGAs and MGUs is not viable or economically justified to have a full time actuary and often rely on the limited actuarial support from brokers or from their insurance partners.

Does this sound familiar? When you are ready to talk to an actuary to discuss how we can help you move your business forward, get in touch, we would love to hear from you.

Download the free report The three biggest mistakes that cost Managing General Agencies a fortune and prevent them from profitably growing their business.

For an agreed regular monthly fee, you will have peace of mind that you can speak to an actuary as and when required, to ask questions, to discuss existing problems or challenges, to get guidance and feedback when preparing data for external release and to get support when attending meetings and presentations.

More details about our membership programme can be found here.

Being a member also entitles you to a number of benefits such as live training sessions on technical topics and competitive consultancy rates for larger one-off projects.

Invariable, they are looking to better understand actuarial concepts and methods so that they can better engage with their insurance partners. Once they have a better technical foundation of actuarial methods, the natural next step is to engage an actuary to implement these for them.

Our series of courses Actuarial Courses for Non-Actuaries provide in simple terms explanations of complex concepts that allow delegates to improve their understanding of the mechanics of actuarial work. Our courses allow insurance professionals to better understand how the 5 R’s of insurance are connected: Rating, Reserving, Reporting, Reinsurance and Risk.

Since 2007 we have trained over 4,000 insurance professionals from all areas of the business C-level executives, underwriters, claims, finance and accounting, compliance, risk management, internal audit, HR and actuarial. From first day on the job graduate to Chief Executive Officers, our courses are tailored to all levels of skills and experience.

The most popular course we run for MGAs is the Fundamentals of Insurance Pricing course which provides a detailed overview of key topics: