Next Gen Committee Terms of Reference

Preamble

The Board of Directors of the MGAA may establish, repeal, or amend the Terms of Reference of the standing committees of the Association at their discretion. The Next Gen Committee is a standing committee of the MGAA.

Purpose

The Next Gen Committee is responsible for:

  • Representing young professionals within the UK MGA sector, particularly those considered emerging talent or early in their careers.
  • Delivering value for MGAA member firms by supporting the development, engagement, and retention of their next generation of talent.
  • Promoting training and education opportunities to members and providing a forum for topical discussions.
  • Organising educational and social events to facilitate networking among members.
  •  Contributing to MGAA initiatives and market projects to positively impact the insurance market.

The Next Gen Committee encourages wider participation and welcomes input, collaboration and involvement from any MGAA member professionals who align with our mission – whether through attending our events, contributing ideas, volunteering for working groups, or applying for committee membership.

Membership

The Next Gen Committee shall consist of a Chair, MGAA Executive member and general committee members, with a minimum of six and a maximum of twelve members.

The Chair and general Committee members shall comprise individuals employed within an MGAA member/market practioner/supplier firm who:

  •  Have an interest in contributing to the MGA sector’s growth.
  • Are considered emerging professionals or part of the “next generation” of industry leaders (generally aged between 18 and 35 at the time of joining the committee).

Becoming a Committee Member

Applications to join the Next Gen Committee are welcomed through an open process, with any “current” opportunities shared via MGAA communications and events.

Interested individuals should submit a brief statement outlining their motivation, experience, and what they hope to contribute. Shortlisted applicants will be invited to a brief interview with existing Committee members and the MGAA Executive.

 

Selections are based on enthusiasm, diverse perspectives, and alignment with the Committee’s goals. Membership is reviewed regularly to ensure a balance of continuity and fresh thinking.

 

Meetings

The Next Gen Committee shall meet at least bi-monthly, with additional meetings as required. A quorum for decision-making shall be at least 50% of the Committee members. Decisions will be made by majority vote, with the Chair having a casting vote if necessary. Minutes of meetings will be maintained and shared with the MGAA Board.

Reporting

The Next Gen Committee shall report directly to the MGAA Board through the Chair. An annual report summarising activities, achievements, and recommendations shall be submitted to the MGAA Board. The Committee will provide updates at MGAA events where appropriate.

Review

These Terms of Reference shall be reviewed annually by the Committee and the MGAA Board. Amendments may be proposed by the Committee and require approval from the MGAA Board.

Budget

The committee will advise the Board on any projects covered by its remit and will from time to time request a budget for approval by the Executive & Finance Committee and the Board.

Confidentiality and Conduct

Committee members shall maintain confidentiality regarding MGAA matters. Members are expected to uphold the highest standards of professionalism and integrity.