What Is Risk Transfer and What Are Its Benefits?

What Is Risk Transfer and What Are Its Benefits?

A risk management technique via which risk is transferred to a third party is known as risk transfer. In effect, one party assumes the liabilities of another. A common example of risk transfer is the purchasing of insurance – this involves the transfer of risk from an...
What Are MGAs and Why Are They Important?

What Are MGAs and Why Are They Important?

MGAs (managing general agents) fill important roles within the insurance supply chain. If investors understand what MGAs are and how they function, they will be better able to spot potential opportunities. MGAs are insurance agencies that offer underwriting services...