Question: As surplus lines intermediaries, managing general agents ( MGAs ) are best described as which one of the following? A . MGAs are retailers who
As surplus lines intermediaries, managing general agents MGAs are best described as which one of the following?
A MGAs are retailers who act on behalf of national wholesalers.
B MGAs are small to mediumsized organizations that place business exclusively with one insurer.
C MGAs are generally authorized to bind the insurer on loss exposures that fit the insurer's underwriting guidelines.
D MGAs are insurers offering policies with special coverages and prices to insureds with similar characteristics.
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