# Managing General Agent

_Glossary_

Canonical: https://www.claimspages.com/learn/glossary/managing-general-agent/

An intermediary with underwriting authority from an insurer to bind coverage, price risks, and appoint retail agents in a territory.

MGAs specialize in niche lines — excess, programs, or coastal property. They differ from TPAs because they often assume underwriting risk transfer functions under agreement.



An MGA binds a coastal homeowners program for a carrier that does not maintain local retail offices.