Two Saint John Insurance Companies Named Top MGAs
SAINT JOHN–Anderson & McTague Associates and Angus Miller Insurance have been named in the most recent Five-Star managing general agents (MGAs) report published by Insurance Business Canada, an independent business magazine for insurance brokers and advice professionals.
A nationwide survey of insurance brokers determined the top performing MGAs considering aspects like premium pricing, the range of carriers offered, underwriting responsiveness and turnaround time. Insurance Business Canada then recognized the highly rated MGAs in their latest issue.
“We asked brokers to rate their MGAs in several key areas – and the results are encouraging,” Insurance Business Canada journalist Heather turner said. “MGA performance vastly improved from last year with six scoring a five-star in every category – a huge step up from only one MGA receiving five-star marks across the board last year.”
Along with recognizing top MGA performers, the latest report also highlighted areas where MGAs need to improve and examined the benefits retail producers can realize working with an MGA.
Anderson & McTague Associates and Angus Miller Insurance were among twenty MGAs to achieve five-star status in one or more of the seven categories listed and both received five-star marks in five out of the seven categories.