Managing General Agents (MGAs) address insurers’ need for efficient, expert-led distribution and niche underwriting capabilities, while meeting end customers’ demand for faster, more user-friendly insurance solutions.
At Finalyse, we support MGAs and risk carriers by enhancing their underwriting, pricing, reserving, and governance capabilities. We provide expert actuarial insight, data-driven insurance solutions, and assist carriers in effectively overseeing delegated authority arrangements.
For the end customer (the policyholder), this translates into more relevant coverage options, streamlined services, and personalised, accessible insurance in an increasingly digital-first world.
Underwriting, Pricing and Data Analytics
We use statistical models and predictive analytics to set premiums, assess underwriting performance and pricing adequacy, and identify emerging trends.
Product Oversight and Governance
We ensure insurance products are compliant, appropriately designed, and aligned with stakeholder expectations through robust governance structures and change control process.
Reserving Analysis / Validation
Our experienced senior actuaries provide independent reserve estimates for MGAs, helping ensure adequate provisioning and reinforcing confidence among risk carriers, across all classes of insurance business.
Profit Share Design and Independent Valuations
Our team are capable of designing structured and equitable profit-sharing mechanisms between MGAs and risk carriers, helping align risk profiles and incentives of all parties.
Design of Risk Management Frameworks
We help MGAs and risk carriers establish robust risk management frameworks to monitor and control underwriting, claims, and operational risks.
Development of MGA Governance and Oversight Models
We help MGAs establish effective internal governance structures and oversight models that align with carrier expectations and regulatory norms.
Managing General Agents (MGAs) are increasingly becoming a vital component of the (re)insurance ecosystem, offering agility, niche expertise, and faster market responsiveness than traditional carriers. As the industry continues to evolve under pressure from changing customer expectations, regulatory demands, and technological disruption, MGAs provide an efficient route for (re)insurers to access new markets, test innovative products, and optimise distribution without assuming the full operational burden. Their ability to combine underwriting authority with specialist knowledge makes them especially valuable in emerging or underserved risk segments.
At Finalyse, we enable and accelerate the growth of MGAs by providing the actuarial, risk, and governance expertise needed to build strong and sustainable partnerships with capacity providers. From robust reserving and pricing frameworks to the design of equitable profit-share mechanisms and effective risk governance, we equip MGAs with the tools and independent validation they need to inspire carrier confidence and regulatory trust. Our support helps MGAs scale responsibly, operate with transparency, and deliver long-term value in an increasingly competitive market.
Gary is a Principal Consultant within our insurance practice in Dublin. He has 16 years of experience within the life and non-life (re)insurance sectors covering industry, audit and consultancy roles. His expertise covers financial reporting, prudential and conduct risk management, and assurance activities. Gary has provided outsourced actuarial, risk, compliance, and internal audit function services for a wider range of insurers, reinsurers and captives.
Yoyo is a Qualified FASSA and AAG Actuary, and Chartered Enterprise Risk Actuary (CERA) with close to 10 years of experience. His experience is in ALM, Market and Liquidity Risk, and automation. With Power BI, R, SQL and Python, he works on developing Finalyse ‘s internal SCR calculation, and automates roughly 7000 Finalyse Valuation Services (FVS) structured product calculations.
Finalyse InsuranceFinalyse offers specialized consulting for insurance and pension sectors, focusing on risk management, actuarial modeling, and regulatory compliance. Their services include Solvency II support, IFRS 17 implementation, and climate risk assessments, ensuring robust frameworks and regulatory alignment for institutions. |
Check out Finalyse Insurance services list that could help your business.
Get to know the people behind our services, feel free to ask them any questions.
Read Finalyse client cases regarding our insurance service offer.
Read Finalyse blog articles regarding our insurance service offer.
Designed to meet regulatory and strategic requirements of the Actuarial and Risk department
Designed to meet regulatory and strategic requirements of the Actuarial and Risk department.
Designed to provide cost-efficient and independent assurance to insurance and reinsurance undertakings
Finalyse BankingFinalyse leverages 35+ years of banking expertise to guide you through regulatory challenges with tailored risk solutions. |
Designed to help your Risk Management (Validation/AI Team) department in complying with EU AI Act regulatory requirements
A tool for banks to validate the implementation of RWA calculations and be better prepared for CRR3 in 2025
In 2025, FRTB will become the European norm for Pillar I market risk. Enhanced reporting requirements will also kick in at the start of the year. Are you on track?
Finalyse ValuationValuing complex products is both costly and demanding, requiring quality data, advanced models, and expert support. Finalyse Valuation Services are tailored to client needs, ensuring transparency and ongoing collaboration. Our experts analyse and reconcile counterparty prices to explain and document any differences. |
Helping clients to reconcile price disputes
Save time reviewing the reports instead of producing them yourself
Helping institutions to cope with reporting-related requirements
Finalyse PublicationsDiscover Finalyse writings, written for you by our experienced consultants, read whitepapers, our RegBrief and blog articles to stay ahead of the trends in the Banking, Insurance and Managed Services world |
Finalyse’s take on risk-mitigation techniques and the regulatory requirements that they address
A regularly updated catalogue of key financial policy changes, focusing on risk management, reporting, governance, accounting, and trading
Read Finalyse whitepapers and research materials on trending subjects
About FinalyseOur aim is to support our clients incorporating changes and innovations in valuation, risk and compliance. We share the ambition to contribute to a sustainable and resilient financial system. Facing these extraordinary challenges is what drives us every day. |
Finalyse CareersUnlock your potential with Finalyse: as risk management pioneers with over 35 years of experience, we provide advisory services and empower clients in making informed decisions. Our mission is to support them in adapting to changes and innovations, contributing to a sustainable and resilient financial system. |
Get to know our diverse and multicultural teams, committed to bring new ideas
We combine growing fintech expertise, ownership, and a passion for tailored solutions to make a real impact
Discover our three business lines and the expert teams delivering smart, reliable support