Managing General Agent or Program Administrator Selection Due Diligence Checklist

Summary

This Managing General Agent or Program Administrator Selection Due Diligence checklist provides a reference for any Managing General Agent (MGA) seeking to promote its business. It outlines the pertinent information that the MGA should have on hand for potential insurer clients. This is particularly useful if an MGA is approached by an insurer seeking a business proposal to operate the insurer's program of insurance. Similarly, insurers can review this checklist to know what information it should require before engaging with a MGA to operate their program of insurance in a given state.