M260: Fundamentals of Managing General Agents & Delegated Authority
This course is not available for registration at this time. Please see the Key Dates on the Program Courses page for further information.
An introduction to the unique role of Managing General
Agents (MGAs). In this course you will develop an in-depth understanding of how
MGAs differ from traditional brokers/agents and insurers by analyzing how MGAs
define and serve a market segment, and how they play a key role in the p&c
industry both domestically and internationally. In addition, you will examine
the subtleties of delegated underwriting authority from the perspective of all
participants, and learn about the effective establishment, management, and
development of an MGA.
• What is a Managing General
• Commercial Liability for MGAs
• Introduction to Delegated
• Legal and Regulatory Framework
• Setting Up a Delegated
• The Contractual Framework
• Claims Management
• Business Support
Monitoring and Auditing
Course materials include a textbook.
Evaluation for this course is based on
All evaluated work is delivered and submitted through the
course web page on our e-learning website. The tests are unproctored.
Length: One term (13
Delivery: Facilitated online learning. There is no weekly
live class, but all students follow the same weekly schedule for readings,
assignments, and graded online interaction. Students should plan to log in to
the course website at least twice a week to participate in graded activities.
The course facilitator provides guidance and grades student work.
commitment: About 6–8 hours per week to complete readings, assignments and
Before registering for this course,
you must have completed or be in progress on the following:
Commercial Insurance Essentials or C70: Gateway to Commercial
We recommend that you also have at
least two years’ experience as an insurance industry professional (broker,
agent, underwriter, analyst) or have completed (at a minimum) either C81 and C82
(GIE) or C11.
WHO SHOULD REGISTER?
The Canadian Managing General
Agent program is designed for
• Professionals working in the MGA space who
want to further their training and acquire a formal credential
professionals with a passion for entrepreneurship
• Underwriters who want a role that is challenging,
fast-paced, and evolving