MGA

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MGAs speak out on regulation

Canada’s insurance industry isn’t shrinking from the proposal for a closer regulatory oversight. But key stakeholders say lots remains to be done to fulfil the regulators’ mandate.

By Vikram Barhat |May 10, 2012

3 min read

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Tighter regulation for insurance?

Canada’s insurance regulators are considering closer oversight of the relationship between carriers and managing general agencies (MGA). While the industry has taken steps to govern itself, it may not be enough to stave off closer regulatory supervision.

By Vikram Barhat |May 8, 2012

3 min read

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Time for a change

What happens when brokers decide to leave their MGAs

By Al Emid |March 1, 2012

3 min read

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Merger creates new MGA giant

In a move that could shake up the insurance distribution channel, Financial Horizons Inc. has bought Force Financiere Excel, creating the country's largest Managing General Agency (MGA).

By Staff |February 29, 2012

1 min read

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What’s your practice worth: Advisor Audio

Listen and learn. At the Advisor Group’s 2011 Distributors' Summit, Cameron Jacox and James Hilton, Managing Partners, Jacox-Hilton Producer Consulting, discussed how MGA owners can determine the value of their operation for both succession and sales purposes.

By Staff |September 14, 2011

1 min read

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New directions for distribution

How is Distribution evolving, and what are the forces at play in this evolution? Will managing general agents (MGAs) get their own self-regulatory organization? Does the Mutual Fund Dealers Association (MFDA), and the distribution model it oversees, have a future? Is there a place for smaller players in the emerging landscape, or does the writing on the wall say only big guns need apply? What does the evolution of the distribution space mean for advisors, and the clients whom they serve?

By Staff |June 15, 2011

10 min read

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Distributors’ Summit coverage

Advisor.ca content editor Vikram Barhat reports live from the Advisor Group’s 2011 Distributors’ Summit in Niagara Falls, Ontario. The conference ran from Tuesday, May 31 and through Thursday, June 2. Read Vikram’s coverage below: That’s it for my coverage from Niagara Falls. The 2011 Distributors’ Summit now concludes. I’d like to thank our sponsors for […]

By Vikram Barhat |May 30, 2011

17 min read

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IFB calls for comment on role of MGAs

The Independent Financial Brokers is encouraging participants in the insurance industry to speak up about the role of managing general agencies in the industry. The call comes in response to the Canadian Council of Insurance Regulators’ examination of the distribution model. “This is an excellent opportunity for those who conduct life insurance business under an […]

By Staff |March 11, 2011

1 min read

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Regulators struggle with MGA model

The Canadian Council of Insurance Regulators has released an “issues paper” on the managing general agencies model of insurance distribution, and is calling on the industry for input into how the market should be regulated. In some ways, the release of the paper is an admission that regulators still don’t have much of a grasp […]

By Steven Lamb |February 11, 2011

3 min read

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Canada Life offers CITS-approved inforce feed

Canada Life has announced it is now offering a new Canadian Insurance Transaction Standardization (CITS)-approved “inforce” data feed to managing general agencies and national accounts with which it deals. The company already offers a CITS “pending” business-to-business feed. Together the feeds allow distributors to easily access information on both their inforce and pending business with […]

By Staff |January 10, 2011

1 min read

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