The Managing General Agents Association (MGAA) has announced the appointment of Mike Keating as its new managing director. He will assume the role on 8 September 2020.
He succeeds Peter Staddon, who is retiring in August. Staddon will continue to work at the Association on a part-time basis until Keating joins to “ensure an orderly handover”.
Keating will be responsible for the continuing growth of the association’s membership and increasing the levels of engagement with insurers and brokers. He will also be focused on ensuring the needs of MGAs are understood and being met with a broader range of membership benefits to support their growth.
Keating joins from Qlaims Limited where he was chief development officer and has over 30 years experience in the insurance industry, having held senior positions at UK General and One Commercial.
He is also a former managing director of intermediary and partnerships at AXA Personal Lines. While working at UK General, Keating served as an MGAA board member.
Charles Manchester, chair of the MGAA, said: “Mike’s understanding of the operational challenges MGAs face in building and sustaining a business in today’s market will be of real benefit to our members.
“The speciality lines sector faces capacity challenges, a continual hardening of the rating environment and the impact of Covid-19. Mike’s background in the insurer and broking management areas will be equally as important to us as we work to develop our capacity provider and broker relationships to create mutual opportunities for all parties.”
Keating added: “I’m delighted to be joining the association at a time when the industry looks to tackle the challenges which were prevalent before the Covid-19 crisis and those which have emerged over the last three months.
“MGAs have a continuing key role to play in delivering underwriting value to capacity providers as well as offering relevant products to meet the needs of their distribution partners.”