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MGAA appoints Tim Richards to new role

13th June 2022 - Author: Pete Carvill

The Managing General Agents’ Association (MGAA) has appointed Tim Richards to the new role of technical services manager.

mgaa-logoAs part of the firm’s wider growth and development strategy, Richards will report directly to CEO Mike Keating and will be responsible for supporting plans to extend its influence in the market by growing its membership, developing, and driving forward technical content and events, and engaging with governing and industry bodies.

Keating said in a statement: “The MGAA sector is growing rapidly in both size and importance to UK plc, writing over £6bn in GWP a year and providing essential and often specialist cover.” He added: “Richard’s appointment is directly related to membership feedback from our last comprehensive survey and compliments our 3-year vision to have the MGAA recognised as the Third Force within the UK general insurance market. He will play a pivotal role in developing relevant technical content for the benefit of all MGA community stakeholders.”

Richards joins from Towergate Insurance Brokers, where he was a caring professions underwriter. He was previously high net worth underwriter at MS Amlin, having also held household underwriting roles at Canopius Managing Agents and Equity Red Star. Prior to that, he worked for Willis and Marsh.

The MGAA has made a number of appointments in recent months. In March, it said it was adding Sharon Brown and William Morris to its board of directors.

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The MGAA also re-elected Marco Del Carlo, founder and CEO at XS Assure, and Lyndsey Thompson, founder and Operations Director at Incorporated Insurance Group (IIGL) as MGAA board directors for a further four-year term.

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