The Managing General Agents’ Association (MGAA), has today announced the appointment of Peter Hubbard, Group Chief Executive of UK General and Tom Downey, Director of MGAs at RSA, to its Board of Directors.
The appointments, confirmed at the Association’s recent General Meeting, see Hubbard appointed as a full member representative and Downey as representative of the market practitioner members. Both were elected for a two-year term and the positions were uncontested. Hubbard will also chair the MGAA’s Executive and Finance Committee and Downey will join the Membership Benefits Committee.
The new MGAA Board of Directors is:
– Reg Brown – Chair of the MGAA
– Tom Downey – RSA
– Charles Earle – Arista
– Sian Fisher – OIM Underwriting
– James Gerry – GB Underwriting
– Nicholas Hales – R&Q MGA
– Peter Hubbard – UK General
– Keith Stern – Lloyd’s (supplier member representative)
Speaking at the General Meeting, Reg Brown, Chair of the MGAA said: “I am delighted to welcome Peter Hubbard and Tom Downey to the Board. They not only represent two important businesses operating in the MGA sector but also bring valuable expertise and insight to help us drive our agenda forward.
“We have seen significant progress in the development of the Association over the last 12 months. Our Board has the strength and breadth to build on these strong foundations and take the Association forward to ensure the needs of member MGAs are represented in what are challenging times.”
Brown continued: “It remains an imperative of the MGAA to work with the Financial Conduct Authority (FCA) to ensure the role and responsibilities of MGAs are clearly understood, and that these are recognised and taken into consideration within current and future regulation this sector will inevitably face.”
