Article 0 Comments At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jacksonville, Florida-based Fortegra. Here is an edited transcript of the conversation. Insurance Journal: What can you tell us about the MGA space in terms of its size and the factors driving its growth? Abbie Taylor Abbie Taylor: It’s always great to be back at Target Markets and get a sense of the MGA market more broadly. The market today is over $110 billion in the U.S. — it’s basically doubled in the last five years — and MGA growth is outpacing that of the broader P&C market. There are more than 1,100 MGAs and program administrators operating at this point, and we’re seeing strong growth of MGAs in the UK and Europe as well. One thing I particularly enjoy about coming to Target Markets is meeting with agents and hearing the deep expertise they bring to their niche markets. Over the years, we’ve seen talented professionals leave large carriers to hang out their own shingle, and there are several reasons for that....