Delegated Authority: The Magic Behind the MGA Marketplace (IIBC)
CIP Society Webinar
Insurance Institute of BC, BC
Date and Time: June 13, 2023 9:00am - 11:15am PDT
is the registration page for IIBC members. Please register with your local
Institute office: IIM,
WEBINAR | BUILDING | TECHNICAL
The MGA marketplace is where complex and interesting risks are written. What enables the market to function is the pooling of these extraordinary risks in specialized MGAs. This is accomplished through the contractual arrangement known as delegated authority. Discover how the legal framework of Delegated Authority allows the entrepreneurial focus of MGAs to flourish, and how underwriting, claims and reputational risk management are all navigated within this arrangement.
• Explain the legal and contractual considerations for delegated authority
• Identify commercial liability considerations for MGAs
• Describe the MGA mindset
Mark Woodall, President
& Owner - Bubba Holdings Ltd.
extensive, long-term involvement as a large loss adjuster for Lloyds, and
actively promotes Lloyds in Canada on a number of issues. With forty years’
experience in the industry, he has worked at the senior management level with a
number of large domestic insurers. As well, he held the position of COO for a
large independent adjusting company. Being well-recognized for his specific
expertise in the industry, he is often called upon to deal with difficult risks,
and has worked as a skilled self-employed large loss adjuster. Over his career,
Mark has taught courses for the Insurance Institute of BC and was awarded
Instructor of the Year in 1998. Mark was selected as the Insurance Person of the
Year in BC in 2009, and is a regular speaker for the insurance industry.
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Number of Continuing Education Credits: 2
Technical CE Credit (BC)
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early log-out to/from the webinar will preclude IIBC from issuing a CE
certificate for this education session.
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licensing renewal requirements in provinces other than BC, please check with you
provincial licensing regulator for validity.
Registration Deadline: Monday, June 12,
Fees: Before GST. Insurance Institute
$80.95 IIBC Member
$71.43 CIP Society
$64.29 Corporate Rate (group of 6+) - Contact Winnie to register
+$85.71 Insurance Institute membership for New
Members (membership exp May 31, 2024 )
Participant substitutions accepted up to 24 hours prior to webinar
(substitute must be current member). IIBC reserves the right to cancel the
webinar due to unforeseen circumstances.
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Winnie Hon, CIP , Seminars & Events Specialist
Insurance Institute of
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