MGAs, MGUs & Program Administrators
Capacity for Program Growth
Preferred Re helps MGAs, MGUs, and program administrators prepare a proposal, business plan, conduct a market evaluation, identify aligned carrier and reinsurance partners, negotiate terms, and strengthen the relationship after placement.
The Capacity Challenge
Why would a program that's already working need to go back to the market?
A successful program can outgrow its current arrangement or face a change in carrier appetite. Finding the next partner requires a clear view of what results the program has delivered, if the market environment has changed, and what the relationship needs are going forward.
Capacity Can Change
Carrier appetite, portfolio strategy, and reinsurance support can shift. When an existing relationship changes, the program needs a focused search that protects continuity while ensuring a strong partnership fit.
Growth Changes the Ask
New products, territories, distribution channels, or premium volume can outgrow the original agreement. The next structure must support the program’s current scale and the growth it can credibly deliver.
Authority Demands Discipline
Once you have capacity, keeping it depends on operational reliability. Underwriting guidelines, reporting, premium handling, claims, records, audits, and governance all affect the carrier relationship. Clear responsibilities and reliable execution help build confidence before and after placement.
How We Help Source Capacity
Preferred Re combines careful preparation with targeted market outreach. We help define the capacity need, present the program clearly, and evaluate each option against the business you are running.
01
Prepare the Market Case
We help organize the data and develop a detailed proposal or business plan that explains the program’s niche, experience, underwriting approach, distribution, economics, and requested relationship.
02
Define the Capacity Need
We review the program’s current structure, results, authority, operations, capacity goals, and timing. When appropriate, due diligence can include site visits or audits as needed.
03
Approach Aligned Markets
We evaluate carrier and reinsurance options, approach credible prospects selectively, and facilitate substantive conversations. A focused market strategy protects the opportunity and gives suitable partners room to engage.
04
Negotiate and Stay Involved
We help compare terms, clarify responsibilities, and negotiate the agreement. After placement, we can remain involved in monitoring program results, resolving questions, and supporting communication among the parties.
Why Preferred Re
Experienced Advice, Direct Access
Preferred Re has worked across the carrier, reinsurer, and MGA relationship since 1983, serving established organizations and new ventures for more than 40 years. As a specialized reinsurance intermediary and strategic advisory firm, we help clients define what they need, evaluate carrier and reinsurance options, and negotiate terms, staying involved well beyond placement. Clients work directly with experienced principals, not layers of account staff, so when conditions shift or a hard decision is needed, they can reach people who know the history behind the work. That approach is why more than half of our clients have stayed with us for over a decade.
What Capacity Partners Need To Understand
Every market has its own appetite and review process, but a decision-ready opportunity typically gives potential partners a clear view of:
- The target class, customer, and market need
The management team’s relevant experience -
Historical and projected premium, rate, loss, and claims performance
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Underwriting guidelines, referral controls, and requested authority
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Distribution relationships and realistic growth assumptions
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Policy issuance, premium accounting, claims, reporting, compliance, and data capabilities
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Program economics, reinsurance needs, and expected responsibilities
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The implementation or transition plan, including timing and continuity considerations
The objective is to present a complete, consistent account of how the program works, what it has achieved, and what it needs from the relationship.
Program Business Insights
Guidance for Stronger Carrier Relationships
Discuss Your Capacity Needs
Whether you need replacement capacity, additional capacity, or a better-aligned carrier relationship, we will begin with the program’s results, goals, and operating realities. From there, we can help define the need, prepare the market case, and identify a practical path forward.