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06.06.2018

What is a Managing General Underwriting Agency?

Ironshore’s Managing General Underwriting Agency (“MGU”) business model was developed at a time when commercial clients faced significant counterparty risk in the aftermath of the 2008 financial crisis.   During the period of uncertainty within the insurance sector, management saw the opportunity to create a vehicle for efficient delivery of reliable capacity through a syndicated partnership platform.  Ironshore’s MGU model was a deliberate strategy to offer benefits afforded by large insurance carriers aligned with the nimbleness of a Managing General Agency (MGA).