Building Sustainable MGA Programs Through Captive Insurance

Anne Marie Towle and Alex Gedge of Hylant discuss how managing general agents (MGAs) can incorporate captive insurance into program structures to participate in underwriting results, support growth, and create greater stability across insurance market cycles. 

They explain the respective roles of the MGA, fronting insurer, captive, and reinsurer while examining the importance of transparent data, disciplined underwriting, appropriate capitalization, and clearly defined responsibilities. The conversation also addresses board oversight, performance monitoring, risk transfer, and the need to evaluate whether a captive's strategy remains aligned with an MGA's changing exposures and long-term plans. 

Hear the full conversation on Captive.com to learn how to evaluate fronting relationships, strengthen captive governance, monitor program performance, and align risk participation with an MGA's long-term growth strategy.