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Revealed – 5-Star MGA for the Canadian Insurance Industry in 2022

Canada has over 80 MGAs. 65 of which manage his $3 billion+ premium deals. Despite the stabilization of the commercial market, many believe MGA will continue to thrive, and in recent years has established itself as a legitimate and efficient distribution channel.

For a list of this year’s Canadian 5-Star MGA, visit Insurance Business Canada (IBC) We surveyed hundreds of brokers across the country and evaluated the quality of service they received from MGA over the past 12 months.

Survey respondents rated MGA on a scale of 1 (poor) to 5 (very good) on 10 criteria, including pricing, overall responsiveness, product range, technical expertise, and product knowledge . We also assessed the importance of each criterion when choosing an MGA partner.

MGAs with an average score of 4 or better on at least one criterion were given a 5-star rating.in IBCsof the 5-Star MGAs this year, only one achieved All-Star status with a 5-Star rating across all criteria.

The 25 Canadian MGAs with five-star ratings this year include:

see the rest of the year IBCs 5-star MGA and IBCs 5 Star MGA 2022 Report.

Revealed – 5-Star MGA for the Canadian Insurance Industry in 2022

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