Share

cover art for A look at MGAs (With Tim Jones)

Insurance Covered

A look at MGAs (With Tim Jones)

Season 1, Ep. 2

Welcome to Insurance Covered! The podcast that looks at the inner workings of the insurance industry with the help of expert guests. This episode we look at MGAs with the help of Tim Jones, Director at MPR Underwriting.


We discuss MGAs, what they are and a brief history of why they were formed. Tim gives valuable insight into what the role of an MGA is from his own experience working at MPR Underwriting. We then focus on what the benefits of using MGAs are for the insurer, broker and the insured as well as the challenges and risks.


We also look ahead and speculate what the MGA market might look like in the future as market conditions change.

 

We hope you enjoy this episode, and if you did, subscribe to be notified of future episodes.

More episodes

View all episodes

  • 2. A look at the Piper Alpha disaster (With John Lane)

    30:18||Season 6, Ep. 2
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by John Lane, and they discuss the Piper Alpha disaster of 1988.In this episode we cover:What Piper Alpha was.What happened in 1988.The impact the disaster had on society.The role insurance played in the aftermath.The impact the Piper Alpha disaster had on safety regulation on this type of platform.How this disaster shaped the future of insurance.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 1. Forever Chemicals: understanding and responding to the threat of PFAs (With Crispin Halsall)

    52:13||Season 6, Ep. 1
    Welcome to Insurance Covered, the podcast that covers everything insurance. In the first episode of season 6, Peter is joined by Crispin Halsall, and in this episode they discuss all things forever chemicals and PFAS.In this episode we cover:What is meant by the term Forever Chemicals and PFAS.Why PFAS are called forever chemicalsThe extent of PFAS contamination. (Every human has trace amounts of PFAS in their body).What regulators can do to tackle this problem.Expected PFAs claims volumes are set to increase.What the future of PFAs looks likeWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 27. The insurance of Christmas

    43:36||Season 5, Ep. 27
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this special Christmas episode Peter is joined by an ensemble cast of insurance experts to discuss the insurance of the core elements of Christmas, from the tree and the presents under it, to the turkey and wine enjoyed at the dinner table.The guests include: Gordon Steward - the insurance of Christmas trees.        Angus Withington KC - the insurance of presents.Toby Behrmann - the insurance of wine.Camilla Curry - the insurance of turkeys.      Alex Nott - the insurance of vegetables.Jonathan Kelly - the insurance of cheese. Alexandra Richards - the insurance of Whiskey.     We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 26. Better data, better decisions (With Tom Wilde)

    33:50||Season 5, Ep. 26
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Tom Wilde, CEO of Indico Data and in this episode they discuss the importance of having high quality data. In this episode we cover:The importance of good data for making informed decisions in insurance.The role of AI in revolutionising data processing and making data more useable and accessible.The need for insurers to leverage better data for competitive advantage.The importance of having a data strategy in place.How good data can positively impact insurance (underwriting decisions, reserving).We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 25. Crafting the perfect policy wording (With Caroline Bell)

    31:19||Season 5, Ep. 25
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Caroline Bell, Head of Wordings at QBE. In this episode they discuss all things policy wordings. In this episode we cover:The drafting of insurance policies.The importance of avoiding ambiguity.The structure of traditional insurance policies.The differences with parametric insurance policies. Potential skill shortages in the wordings market.The extent to which AI can help with policy drafting. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 24. Navigating risk in the energy transition (With Joe Dutton)

    34:41||Season 5, Ep. 24
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Joe Dutton, Energy Innovation Lead, at AXIS and in this episode they discuss a recent report Joe co-wrote, Navigating Risk in the Energy Transition.In this episode we cover:The key findings of the report.Climate change as a driver of change and a source of risk.Whether the deployment of renewables is accelerating despite challenges.How insurance can play a strategic role in energy transition.You can read the full report hereWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 23. The insurance of systemic risks (Trevor Maynard)

    35:19||Season 5, Ep. 23
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Trevor Maynard, Senior Insurance Advisor at Insurtech Sotera and Vice Chair and Executive Director at Cambridge Centre for Risk Studies. In this episode they discuss systemic risks.In this episode we cover:What systemic risk actually is.Recent examples of systemic risks in todays society.How the definition of systemic risk has changed over the years.The 4 reports written by the Cambridge Centre for Risk Studies and Lloyds of London on: volcanoes, economic stagnation, climate and cyber. We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 22. The use of satellites in insurance (with Reijo Pold)

    29:57||Season 5, Ep. 22
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined byIn this episode we cover:The work Value.Space is involved in.The monitoring and risk assessment of assets from space.How insurers can use Value.Space.The future for satellite-based assistance for insurersWe hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
  • 21. Sustainability and insurance (With Rachel Delhaise)

    28:57||Season 5, Ep. 21
    Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Rachel Delhaise, Head of Sustainability at Convex Insurance. In this episode they discuss her role as Head of Sustainability and what that means for insurance. In this episode we cover:What is meant by sustainability in the context of an insurance company.What Rachel's role entails.The different ways sustainability can be measured.How sustainability goals have changed over the years.What is meant by the protection gap and how that impacts sustainability.The Convex Seascape survey.We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.