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MGAA Annual Report reveals record membership growth as MGA sector cements position as fastest-growing P&C segment in UK insurance

Press Releases

21st August 2025

London, UK, 21 August 2025 – The Managing General Agents’ Association (MGAA) today releases its 2025 Annual Report, highlighting a year of strong growth, innovation, and industry-wide impact across the MGA sector.

The report covers the period from August 2024 to July 2025 and underscores the MGAA’s role as the voice of delegated underwriting in the UK & Ireland, with growing influence in Europe and internationally. Membership continued its upward trajectory across all tiers:

  • MGA Members: rising from 233 to 24
  • Market Practitioners: increasing from 64 to 68
  • Supplier Members: growing from 142 to 152

The report also spotlights the expansion of the Association’s educational and insights programmes, with a 51% increase in average registrations per Market Briefing and more than 21,800 learning activities completed via the MGA Assess platform. The MGAA Conversations podcast surpassed 2,200 downloads, while the Annual Conference welcomed 1200 attendees.

The MGAA has also strengthened its advocacy role, with significant engagement in regulatory consultations and sessions with the FCA, PoolRe, and other key market stakeholders.

Michael Keating, CEO of the MGAA, said: “This year’s Annual Report showcases not only the impressive growth of our membership across MGA, Market Practitioner and Supplier categories, but also how these groups work together in symbiosis to drive innovation and resilience across the delegated authority sector. Following our rebrand and the launch of our new website, we continue our forensic approach in seeking to deliver more value for members than ever before – from enhanced learning and insights platforms to expanded events and stronger representation with regulators. As the fastest-growing segment in property and casualty (P&C) insurance, the MGA community is setting new standards for best practice, collaboration, and professionalism. The MGAA is proud to be the collective voice of this vibrant sector, ensuring members’ interests are championed in ongoing regulatory dialogue and industry debate.”

The full MGAA Annual Report 2025 can be accessed here: Download

 

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