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What is an MGA?

What is a Managing General Agent?

A Managing General Agent (MGA) is an agency that is contracted to perform various business functions, such as underwriting, binding, policy administration, claims, and distribution, on behalf of (re)insurance companies.

e-learning

New to e-learning? Here’s how it works

The ‘e’ in front of the word learning stands for ‘electronic’.  In practical terms, adding ‘electronic’ to ‘learning’ means that the education, or learning, is delivered to the student through electronic …

insurance job opportunities

Looking for Insurance Job Opportunities?

A list of links to the career pages of many of the employers in the insurance industry. Use these links to explore current job openings to find a position that aligns with your aspirations and skills.

What is an underwriter

What is Insurance Underwriting?

Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.

Bonds

What is an Insurance Bond?

An insurance bond is a bond that is designed to protect an individual or organization against financial loss if certain circumstances occur. There are different kinds of insurance bonds.

Insurance broker interview questions

8 Steps to Interview Success: Insurance Broker

How to prepare for an interview to get a job as an insurance broker. This article provides tips on questions to expect and questions to ask, skills the interviewer might be looking for and much, much more.

combined ratio illustration

Understanding Combined Ratio

The combined ratio is one of the most important ratios used in evaluating the profitability and financial health of an insurance company. It also provides a comprehensive insight into how well an insurer underwrites policies. 

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