The analogy he often uses is that while a composite is like a very high-quality Lego set which comes with a certain set, shape and colour of bricks, an MGA is like having access to everybody’s sets of Lego bricks. With that comes the ability to establish creative solutions using different colours, structures and shapes, he said, and while these don’t come with an instruction manual, they do allow you to build a truly tailored solution. “And that is freeing but it is also challenging because it requires real consideration, every day, of the complexity of the value chain.”
