MGAs allow for specialized, often sector-specific, insurance underwriting expertise in a carrier's portfolio. (Photo: Jiw Ingka for Shutterstock) MGAs allow for specialized, often sector-specific, insurance underwriting expertise in a carrier's portfolio. (Photo: Jiw Ingka for Shutterstock)

The insurance marketplace is seeing an increase in the use and popularity of managing general agents, or MGAs, also known as managing general underwriters (MGUs).

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