Why Joining an MGA is a Smart Move for Canadian Insurance Agents

April 8, 2025

Why Joining an MGA is a Smart Move for Canadian Insurance Agents

Unlock More Support, More Products, and More Growth for Your Insurance Business

by Joe White, President and CEO, REMIC


In today’s competitive financial services industry, insurance agents in Canada are always looking for an edge—something that helps them better serve clients, grow their business, and stay ahead of industry changes. One of the smartest strategies for achieving this? Partnering with a Managing General Agency (MGA).

At REMIC, we understand the unique challenges and opportunities that insurance professionals face. That’s why we’re highlighting the value of MGAs and how they can play a key role in helping you take your insurance career or agency to the next level.

What is an MGA, and Why Does It Matter?

A Managing General Agency acts as a bridge between insurance carriers and independent agents. Instead of working directly with one insurer, you gain access to a wide variety of products, tools, and support—all through a single partnership.

Top Benefits of Working with an MGA

1. Advanced Technology That Simplifies Your Work

Partnering with an MGA often comes with access to cutting-edge tools and platforms that streamline your day-to-day operations. From digital applications to client management systems, this tech makes your business more efficient—so you can spend less time on admin, and more time building relationships and closing deals.

2. Access to a Wide Range of Products

MGAs typically work with multiple insurance carriers. That means you can offer your clients a broader range of solutions, tailored to their specific needs—whether it’s life, health, disability, or critical illness coverage. More options mean more value for your clients—and more business for you.

3. Ongoing Training and Professional Development

The insurance industry is always evolving, and MGAs help you stay sharp. Through workshops, webinars, and mentorship, they ensure you’re always up-to-date on compliance, sales strategies, and product changes. It’s like having a built-in support system for continuous growth.

4. Marketing and Lead Generation Tools

Most MGAs provide marketing support, from branded materials to lead-generation strategies. This can be a game-changer, especially for newer agents looking to build their book of business. You’ll be better equipped to stand out in a crowded marketplace.

5. Help Staying Compliant

Navigating compliance in Canada’s heavily regulated insurance industry can be overwhelming. MGAs provide guidance and support to ensure you meet all regulatory requirements, so you can focus on what matters most—serving your clients and growing your business.

The Bottom Line: MGAs Empower Insurance Agents to Succeed

Whether you’re new to the industry or a seasoned pro, working with an MGA offers a significant advantage. From broader product access and tech tools to marketing and compliance support, MGAs give you the resources and flexibility you need to grow a successful, client-focused insurance practice.

Want to Learn More?

At REMIC, we prepare our students not just for licensing—but for real success in the field. Want to become a licensed life insurance agent in Canada or upgrade your skills? Click here to explore our courses and start building your future today.

Below is a comprehensive list of Managing General Agencies (MGAs) operating in Canada, along with their website links:

MGA NameWebsite
Hub Financialhubfinancial.com
Financial Horizons Groupfinancialhorizons.com
PPI Managementppi.ca
IDC Worldsource Insurance Network (IDC WIN)idcwin.ca
Gryphin Advantagegryphinadvantage.com
Experior Financial Groupexperiorfinancial.com
Qualified Financial Services (QFS)qfscanada.com
Truestone Financialtruestonefinancial.com
MSA Financialmsafinancial.com
OM Financialomfinancial.com
Customplan Financial Advisorscustomplanfinancial.com
Agile Underwriting Solutionsagileuw.ca
Anderson McTague & Associatesandersonmctague.com
Apollo Insurance Solutions Ltd.apollocover.com
April Canadaapril.ca
Aurora Underwriting Solutionsauroraunderwriting.ca
Avro Insurance Managersavroinsurance.com
Beacon Underwritingbeaconunderwriting.ca
BOXX Insuranceboxxinsurance.com
Burns & Wilcox Canadaburnsandwilcox.ca
Cansure Underwriting Ltd.cansure.com
CHES Special Riskchesspecialrisk.ca
Chutter Underwriting Serviceschutteruw.com
Coalitioncoalitioninc.com
Commonwealth Insurancecommonwealthins.ca
Forward Insurance Managers Ltd.forwardinsurance.ca
Milnco Insurancemilnco.ca
Premier Canadapremiergroup.ca
Totten Insurance Grouptottengroup.com
Trinity Underwriting Managerstrinityum.com

This list includes MGAs specializing in various insurance sectors, such as life and health, property and casualty, and specialty lines. For a more extensive directory, you may consult the Canadian Association of Managing General Agents (CAMGA), which represents MGAs across Canada.

Please note that the insurance landscape is continually evolving. It’s advisable to visit the respective websites for the most current information on their offerings and services.

Cheers,

Joe White, President