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REG Technologies Joins FASE to Expand European Footprint and Strengthen MGA Ecosystem Collaboration

REG Technologies, a leading RegTech provider specialising in counterparty risk lifecycle management for the insurance industry, has announced its membership with FASE (Federation of European MGAs). The move marks a significant step in REG’s continued expansion across Europe and reflects its commitment to supporting a more connected, transparent, and compliant insurance ecosystem...

How MGAs Can Become More Attractive and Transparent to Capacity Providers

In the insurance market, Managing General Agents (MGAs) are constantly under growing pressure to prove that their businesses are built on strong, scalable foundations. Whether newly established MGA or entering a phase of accelerated growth, securing sustainable capacity remains essential to long-term success within the insurance industry...

Insurance Post Webinar: Easing the Regulatory Burden to Allow Insurers And MGAs to Prosper

As the regulatory landscape continues to tighten its grip on the insurance industry, on 30th January 2025, industry leaders gathered for a live webinar hosted by Insurance Post in association with REG Technologies to tackle how insurers and MGAs can navigate these challenges while remaining competitive...

How Can MGAs Drive Superior Customer Experience and Enhance Retention

MGAs play an irreplaceable role in the insurance sector, and while it’s crucial for them to be on top of all their regulatory and compliance duties, they also need to ensure seamless customer experience (CX) and retention. At the end of the day, customers should always be at the heart of every business decision because without them, no firm would survive. In addition, MGAs need to ensure they’re always treating their clients fairly. According to Forrester, 41% of customer-obsessed firms achieved at least 10% revenue growth in 2023, compared to only 10% of less mature firms...

The Power of Partnerships: Driving the MGA Landscape Forward

The relationship between Managing General Agents (MGAs) and RegTech companies is reshaping the insurance landscape and partnerships between the two are not just beneficial—they are essential. As proud sponsors of this year’s Managing General Agents’ Association (MGAA) Annual Conference, we are thrilled to embrace the theme, 'Power of Partnerships.' Our goal is to underscore the transformative potential these collaborations hold for staying ahead of the competition and driving the entire industry forward...

An MGA Case: How to Combat Data Silos and Strive for Team Cohesion

Today, the insurance industry faces a myriad of challenges that are constantly developing, ranging from economic and geopolitical factors to internal discrepancies like data silos and team fragmentation – and MGAs are not exempt. Traditionally, MGAs would rely on archaic processes to conduct their due diligence and regulatory processes, collect data and collaborate with their team. Now, this is no longer sustainable, and MGAs must embrace digital transformation if they want to stay ahead of the curve. In this article, we’ll dive deeper into the different data hygiene challenges MGAs are faced with, their impact on team fragmentation, and how technology can help surmount these struggles and achieve team cohesion...

Enhancing Onboarding Efficiency for MGAs: How RegTech Streamlines Compliance

With constant economic uncertainties and a fluctuating political landscape, MGAs (Managing General Agents) are now faced with bigger regulatory and compliance burdens than ever before. Clyde & Co reports that 50% view the increase in compliance obligations as an obstacle to entering the market. These burdens significantly hinder MGAs' capacity to start new business relationships with potential trading partners, halting growth and slowing innovation. 66% of insurance and financial services firms believe that regulatory and statutory obligations inhibit starting new business relationships, which in turn affects profitability. This is why it is imperative for MGAs to leverage new innovative technology that reduces regulatory challenges and facilitates streamlined onboarding of partners...