If you are an Underwriter or Broker with the ambition to build a new MGA, please get in touch for a free of charge and confidential conversation about how DA Strategy can help you build and launch your business.
DA Strategy offers start ups a fast and flexible support platform to springboard their MGA journey. Our clients are given speed to market and retention of equity, from a market leading independent firm. Tapping into our extensive delegated authority network, well-defined processes and in-depth compliance knowledge frees you up to focus on what you do best – underwriting and business development.
Our team has supported more than 200 new MGAs through their start up and regulatory approval stages, across a wide range of classes and territories and have an excellent, long standing relationship with the Lloyd’s team. We provide strategic and attuned MGA “Design and Build” advice to help you establish yourself quickly and with long-term success.
Supporting your Enterprise
From start-up advice and carrier guidance to processes & documentation needed to gain regulatory approvals, we bring a wealth of expertise to support your business, letting you focus on your key underwriting and growth ambitions. Our support can continue after your successful launch with our ongoing services and regulatory input and oversight.
DA Strategy offers speciality support to MGAs on:
- Underwriting and MGA business plans
- Company formation
- Lloyd’s Approval
- Capacity contracts
- Technology solutions
- Company secretarial
- Data design, reporting and intellectual property
- Claims handling design
- Product governance
DAS has a dedicated European platform, D A Strategy Global GmbH which delivers seamless access to European based business giving a fast route to market for European business, for both new and existing MGAs.
Your External Support Team
“HIVE Underwriters owe a huge debt of gratitude to Charles Rowley and the DA Strategy team. If the name doesn’t speak for itself, their strategic thinking of all things relating to Delegated Underwriting is second to none and comes from many years’ first-hand experience in both Lloyd’s and the Company markets. DA Strategy were involved from the very formation of both HIVE Underwriting and HIVE Aero (now HIVE Underwriters) in 2017 and continue to be actively involved today as we look to expand into new business lines within the specialty insurance sector. DA Strategy’s knowledge of the market, systems and processes, coupled with an extensive network of industry contacts defines them as experts in their field.”
We provide independent, industry leading solutions and a full wrap around service without requiring an equity stake or management influence, leaving you in charge and control.
We facilitate regulatory licenses for existing and new MGAs helping you build strong compliance frameworks to deliver effective and continuous regulatory oversight. We have worked closely with Lloyd’s Third-Party Oversight department and understand the plethora of the technical nuances and stipulated guidelines. We can help clear a path through the regulatory requirements for your business.
Delegated Authority Network
DA Strategy has extensive market carrier, broker and regulator contacts and can work closely with you and your capacity providers to deliver the due diligence required to get you approved and open for trading as rapidly as possible.
Ready to start your MGA journey?
Contact one of our team to start your MGA ambition with a confidential and free-of-charge initial consultation.
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