MLchartDataset catalogue

Managing general agent (MGA)

Term · Insurance and risk management · MLC-T-INS-003688

An insurance intermediary who acts as a wholesale agent with the authority to underwrite, price, and bind coverage on behalf of an insurer. A managing general agent (MGA) serves as a bridge between retail agents and insurance carriers, often specializing in niche or high-risk markets that require specific expertise. Unlike a retail agent who works directly with the public, an MGA's primary clients are other insurance producers.

Table 1. Record
IdentifierMLC-T-INS-003688
FieldInsurance and risk management
AbbreviationMGA
Record as JSON 
{
  "id": "MLC-T-INS-003688",
  "term": "Managing general agent (MGA)",
  "field": "Insurance and risk management",
  "definition": "An insurance intermediary who acts as a wholesale agent with the authority to underwrite, price, and bind coverage on behalf of an insurer. A managing general agent (MGA) serves as a bridge between retail agents and insurance carriers, often specializing in niche or high-risk markets that require specific expertise. Unlike a retail agent who works directly with the public, an MGA's primary clients are other insurance producers.",
  "abbreviation": "MGA",
  "url": "https://mlchart.com/terminology/insurance/managing-general-agent-mga/"
}

Record 2,080 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.