MGAA announces board to drive ambitious growth strategy
21 February 2018 – The Managing General Agents’ Association (MGAA) has announced the appointment of Marco Del Carlo, managing director of Tempo Underwriting, as a new board director at its annual general meeting today. Del Carlo is founder of Tempo Underwriting, which is an underwriter-led, multi-line MGA, focused on specialty lines business.
Alongside Del Carlo, board members Jeff Turner of Miramar Underwriting and Mark Birrell of Castel Underwriting Agencies are both re-elected for four-year terms. Karen Beales of UK General Insurance and Jonathan Skinner of Pen Underwriting also remain on the board as representatives from the two largest MGA members in line with the MGAA’s Articles of Association.
They join Charles Manchester of Manchester Underwriting Management, Catherine Bell of inet3, Bill O’Malley of Arch Insurance, Keith Stern of Lloyd’s, Charles Earle of Advent Solutions and Peter Staddon, the Association’s Managing Director, on the board.
Speaking at the general meeting, Charles Manchester, chair of the MGAA, said: “Marco brings additional depth and experience to our board that reflects the breadth of expertise and entrepreneurialism that the MGA sector is recognised for.
“We are all committed to delivering an ambitious strategy. We are building the role and profile of the Association, driving increased engagement with the broker market, working with insurers to create greater efficiency, promoting and supporting best practice in training and development of our talent, expanding our focus and support to members in the regions and helping MGAs to negotiate the challenges that Brexit and the regulatory environment creates.”
All board appointments were ratified at the general meeting held at Lloyd’s. Votes were cast by full members of the MGAA and the results independently scrutinised by David Matcham of the International Underwriting Association.
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Notes to Editors:
The Managing General Agents' Association (MGAA) is a UK based not for profit organisation dedicated to representing true MGAs.
Formed in 2011, the MGAA also aims to provide a better understanding of what MGAs are and the contribution they make to the insurance industry.
The MGAA currently has 132 full members representing over £3.9bn of underwriting capacity. They are joined by 36 market practitioner members and 53 supplier members.
The board of elected directors leads the organisation. In addition, five separate committees deliver benefits for members with a clear aim of shaping the future of delegated underwriting.