Conning: US MGA market growth rate to slow after DPW surged 15.5% in ‘21

Direct premiums written (DPW) by MGAs reported in US insurer statutory filings grew 15.5 percent last year to $56bn, with the total size of the market estimated to be $70bn, including $7.1bn of premium sourced by US MGAs for Lloyd’s, according to asset manager and research firm Conning.