The MGAA Annual Conference
At last month’s MGAA Annual Conference, MUM CEO and MGAA Chairman Charles Manchester, discussed the current state of the MGA market and what the future has in store for the MGAA. .
At last month’s MGAA Annual Conference, MUM CEO and MGAA Chairman Charles Manchester, discussed the current state of the MGA market and what the future has in store for the MGAA. .
In May Charles was invited to the Insurance Age roundtable on MGAs to discuss the present and future state of MGAs with a particular on legal expenses. Talking about how the industry will change and how MGAs will have to adapt and develop in the future to ensure that they stay relevant. Read about it here.
The government has recently announced a change to IPT. With effect from 01/10/2016 the standard rate of UK IPT will increase from 9.5% to 10%. As a MGA, we must account to our partner insurers. In order to ensure compliance with the transitional arrangements, business processed in relation to cover that incepted prior to 01/10/2016 will be taxed as follows:…read more →