The $100 Billion Shift: Reinsurance's Booming Relationship with MGAs

The $100 Billion Shift: Reinsurance's Booming Relationship with MGAs

From Sapiens Insurance 360 by Sapiens

October 20, 2025 · 15 min

About this episode

The episode discusses the rapid growth of Managing General Agents and their strategic importance to reinsurers.

Managing General Agents, or MGAs, have exploded from scrappy intermediaries to insurance powerhouses, commanding over $102 billion in premiums and leaving traditional carriers scrambling to keep up. These nimble risk specialists are tackling everything from cyber threats to carbon credits, while offering reinsurers a lifeline from the volatile world of catastrophic tail risk. Our latest podcast features host Darren Graves, Sapiens' Sales Manager for Reinsurance and special guest Mark Geoghegan, Founder and Host of "The Voice of Insurance," podcast, in a discussion on the rapid growth of MGAs and how they've become strategic partners for reinsurers seeking agility, specialized expertise, and access to profitable niche markets.

People in this episode

Host: Darren Graves

Guest: Mark Geoghegan

Topics covered

  • reinsurance
  • Managing General Agents
  • insurance industry
  • cyber threats
  • carbon credits
  • catastrophic risk
  • niche markets

Keywords

  • MGAs
  • reinsurance
  • insurance premiums
  • catastrophic risk
  • specialized expertise
  • niche markets
  • cyber threats

Mentioned in this episode

Organizations: Sapiens, The Voice of Insurance

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