Feature

New MGA regime flagged as last-mile growth lever for India’s insurance market

Newly recognised MGAs can bind policies and underwrite risks locally, offering a faster route to regional and niche product growth in India.

By Joanne Madrid

March 17, 2026

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7 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.