The top five groups together represented approximately 17.6% of global MGA revenues in 2023. The shares for the top 50, top 100, and top 300 groups were 55.4%, 67.5%, and 84.4%, respectively, reflecting a fragmented yet highly dynamic sector. According to Insuramore, there are around 3,000 enterprises involved in MGA activities worldwide, with over 1,650 projected to write premiums exceeding US$10 million this year.
