Question: A Managing General Agency, or MGA, is a common structure that InsurTech companies use. Which of the following are the benefits of starting out as

A Managing General Agency, or MGA, is a common structure that InsurTech companies use. Which of the following are the benefits of starting out as a Managing General Agency? Select all that apply.

1 -

The MGA structure allows companies the freedom to do whatever they want in the insurance life cycle.

2 -

The MGA structure allows companies to get their product to market faster by using a fronting carrier.

3 -

Departments of Insurance review applications for the MGA structure first.

4 -

-

market data can attract investors or improve technology through real customer feedback.

A Managing General Agency, or MGA, is a common structure that

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A Managing General Agency, or MGA, is a common structure that InsurTech companies use. Which of the following are the benefits of starting out as a Managing General Agency? Select all that apply.

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