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What is a Managing General Agent (MGA) in Insurance?

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How do MGAs Differ From Insurance Brokers? The key distinction between MGAs and insurance brokers is that MGAs have underwriting authority, while brokers do not. This one factor means these two insurance entities have completely different purposes in the broader insurance landscape.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. However, the maximum amount we can insure will depend on the kind of project being done, such as: $7.5M

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