


Scaling up. Growing profitably with MGAs
Report available from June 16, 2025
The traditional MGA model can be difficult to scale. The main attraction of MGAs to capacity providers – their laser-like focus on underserved market niches – has also been their biggest limitation. Profitable niches often tend to be small, which is why they are commonly overlooked by large insurance companies.
Scaling up, Lexicon’s new strategic study on the global MGA market, analyses the strategies and business model adaptations that are enabling a new generation of MGAs to scale swiftly and profitably. A wide variety of MGA platforms, incubators and accelerators has shown that attractive returns for capacity providers and investors are compatible with rapid growth.
Report available from June 16, 2025
The traditional MGA model can be difficult to scale. The main attraction of MGAs to capacity providers – their laser-like focus on underserved market niches – has also been their biggest limitation. Profitable niches often tend to be small, which is why they are commonly overlooked by large insurance companies.
Scaling up, Lexicon’s new strategic study on the global MGA market, analyses the strategies and business model adaptations that are enabling a new generation of MGAs to scale swiftly and profitably. A wide variety of MGA platforms, incubators and accelerators has shown that attractive returns for capacity providers and investors are compatible with rapid growth.
Report available from June 16, 2025
The traditional MGA model can be difficult to scale. The main attraction of MGAs to capacity providers – their laser-like focus on underserved market niches – has also been their biggest limitation. Profitable niches often tend to be small, which is why they are commonly overlooked by large insurance companies.
Scaling up, Lexicon’s new strategic study on the global MGA market, analyses the strategies and business model adaptations that are enabling a new generation of MGAs to scale swiftly and profitably. A wide variety of MGA platforms, incubators and accelerators has shown that attractive returns for capacity providers and investors are compatible with rapid growth.