Managing general agent commissions

MGA can underwrite policies for a insurance company, among other things. so the question is what % of a policy premium do they take.
 
For what type of policy, in what state, commerial or personal lines, monoline or package, what carriers, how large is the MGA?

Someone once said to me: Garbage In, Garbage Out. You have to ask thorough questions on this forum to get a useful and helpful response. The State and Type of Insurance you are asking about is often helpful as well.
 
For what type of policy, in what state, commerial or personal lines, monoline or package, how large is the MGA?

Auto insurance
personal lines
mono line
Minnesota or national average
Cannot address MGA size
 
I believe the average MGA makes 20%, and splits with the retail agent, giving them 10%. Could be higher, maybe 25% on some products, or lower.

MGA for personal lines? Do they have a standard/preferred market? Most MGA' s for personal lines involve a lot of extra work on each renewal and only offer non admitted.
 
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