MGA & Wholesale Distribution.
The wholesale-distribution layer — managing general agents, program administrators, and wholesale brokers — and the economics that make these businesses command EBITDA multiples well above retail agencies. Why the override-and-contingent revenue model prices differently.
4pieces
In this category
9min avg
Reading time
MGA & Wholesale Distribution Market Intelligence
How MGAs and wholesale distribution shape agency M&A — binding authority, the MGA margin profile, consolidation trends, and the concentration risk buyers price.