Lime Street Consulting Group works with underwriters and entrepreneurs launching a managing general agent. We set out how the model works, structure the business, find the capacity to write against and introduce the technology partners that put it on risk.
Most launches stall on one of them rather than all four. We work on whichever is unresolved, in the order the market will ask about it.
Before anything is committed, we walk through how delegated authority actually works: what a carrier is delegating, what it will hold you to, and what the business has to look like before it will consider you. Most conversations start here.
Company structure, business plan, underwriting strategy and the authorisation route. We write the documents the market will ask for and prepare the team for the questions that follow them.
Capacity is the constraint on every launch. We take a written proposition to carriers and reinsurers, run the process, and negotiate the binder wording that will govern the program long after signature.
An MGA is a data business from the first policy. We introduce the administration, rating, distribution and bordereaux tooling that suits the class and the size of the book, and stay in the room through selection and implementation.
We hold relationships across the Lloyd's and company markets, with reinsurers, and with the platforms that let a team write before it is authorised. Which of them fits depends on the class, the data behind it and the experience of the people underwriting.
Discuss your classA first call covers the class, the team and the capacity available for it, and ends with a plain view on whether the idea is fundable and what the next step involves.