What does this mean for the market?
This is part 1 in a two-part series covering the growth of specialty programs.
The insurance industry has been transformed by the rise of managing general agents (MGAs) and specialty programs.
As intermediaries between insurance carriers and brokers, MGAs have carved out a growing share of the market by offering specialized programs, unique underwriting capabilities, and innovative solutions tailored to specific niches.
Growing demand for specialty programs was evident at the 24th Target Markets Annual Summit in Scottsdale, Ariz., where around 1,700 insurance p