MGA Incubation
Empowering your MGA journey:
Unrivalled start-up solutions and global expansion capabilities with Davies
Davies is your premier partner for MGAs, offering unparalleled start-up solutions and global expansion capabilities tailored to a wide array of clients, from individual entrepreneurs to multinational corporations. We commit to a strategic partnership that nurtures your MGA’s growth from its inception, through expansion, and beyond.
Diverse ambitions, common success: Who we work with
We partner with a diverse range of individuals and corporates aiming to establish an MGA. Our client types include:
Entrepreneurial underwriters or teams, including insurtechs: Offering different types of products, distribution, services, or operating models.
Established, profitable MGAs/MGUs: Seeking a low-cost, low-risk way to test new markets, supported by global licences and high-quality MGA management solutions.
Non-insurance corporates: Enhancing value propositions by incorporating insurance seamlessly into their products or services, providing customers with a comprehensive solution that addresses both core needs and potential risks.
Customised solutions for every stage through start-up to growth
Our comprehensive support spans the entire lifecycle of your MGA journey, ensuring a seamless transition through each phase:
Start-up: We launch and host your MGA on our incubator platform, providing a streamlined pathway to establishing your underwriting business. By addressing and minimising regulatory and operational hurdles, we simplify the complexities of starting and scaling your MGA. Our tailored solutions are designed to accelerate your launch process, reduce compliance burdens, and enable you to focus on achieving growth and profitability from the outset.
Business as usual: Beyond the launch, Davies provides ongoing licensing, oversight, and a full suite of managed services. This continuous support allows you to focus on core business activities while we handle operational complexities.
Expansion: As your MGA grows, we support expansion into new classes and territories. Our global presence and expertise facilitate this growth, offering opportunities for international reach and wider distribution.
Migration: Davies assists in achieving your strategic milestones, whether it involves the sale of your MGA or transitioning to becoming a licensed entity. Our guidance ensures a smooth progression towards your long-term goals.
Post-migration services: Our partnership doesn’t end with migration. Davies continues to provide essential services, supporting your MGA’s ongoing success.
Opportunities to scale through risk carrying entities
Transitioning to or complementing your Managing General Agent (MGA) operations with risk-bearing entities positions us as the complete package for MGAs looking to expand their distribution, take risks onto their balance sheet, and grow.
Lloyd’s solutions: A range of underwriting solutions through Asta, our Managing Agency at Lloyd’s, enables your MGA to evolve seamlessly. Start as a new venture, progress to becoming a Syndicate in a Box at Lloyd’s, and with further growth, advance to a full syndicate.
Risk-taking participation vehicle: Through our licensed insurance entities, we are able to offer MGAs the ability to cost-effectively share in the risk they originate alongside existing capacity, providing alignment of interests and sharing in underwriting profits.
A partnership focused on your growth
Our partnership model allows you and your team to focus on quality underwriting and business growth while we handle all operational aspects of your MGA. From underwriting systems to back-office processing, accounting, and HR, our scalable solutions ensure your operational model remains future-proofed. Our independence from capital or capacity ensures we focus solely on your needs.
Global presence, local expertise
Davies is uniquely positioned to support MGAs worldwide, having previously supported clients in the UK, Europe and the Middle East with plans for further expansion into other territories. Our track record of launching MGAs in Singapore and Dubai highlights our global capabilities, coupled with extensive experience in the Lloyd’s Coverholder approval process. With over 75 successful Appointed Representatives launched, we are recognised as a global leader.
A comprehensive suite of managed services
We offer a fully integrated suite of services designed to support every operational aspect of your business. From advanced policy administration and data management to financial accounting and IT infrastructure, our scalable solutions ensure your operations are efficient, compliant, and future-ready.
By partnering with us, you gain access to our team of specialists while only paying for what you need. Whether you need support with governance, HR, or premium credit control, our expertise allows you to focus on strategic growth while we handle the complexities of day-to-day management.
MGA Managed Services
For a full breakdown of our Managed Services for MGAs, including detailed descriptions of our support offerings find out more below.
Why choose Davies as your strategic partner?
Strategic partnership: We’re more than a service provider; we act as your strategic partner, leveraging our expertise and tailored solutions to align with your goals. From navigating regulatory landscapes to driving operational excellence, we enable you to focus on growth and long-term success.
Independent expertise: Unlike others constrained by providing capacity or capital, we operate independently, minimising conflicts of interest and offering impartial, insightful advice. This independence ensures we prioritise your best interests, positioning us as a trusted advisor at every stage of your growth.
Lloyd’s and London market experience and reputation: Our established connections and reputation for excellence underline our capabilities.
Pathway to risk-bearing: Opportunities to transition to a Lloyd’s syndicate, captive, or insurance entity.
Speed to market: Accelerated market entry with our licensing and proven track record.
Flexible fee structure: Fees aligned with your strategy and growth.
Compliance, risk, and underwriting oversight: Assuring carriers and capital providers that your MGA is compliant and operating at industry best-practice levels.
