New York, NY (March 22, 2023) — Jencap has been nominated again for Insurance Business America’s 5 Star MGA award. Their survey received over 1,183 nominations and only 23 finalists were nominated. To be considered “five star” a wholesaler must have an average rating of 80% in at least one category. Jencap exceeded that average rating in all ten of the following categories:
- Pricing
- Technical expertise and product knowledge
- Ability to place niche or emerging risks
- Range of products
- Compensation (commission, bonuses, profit-share, etc.)
- Overall responsiveness
- Reputation
- Marketing support
- Geographical reach
- Technology/automation
They have made some changes to their 5 Star MGA awards this year. Going forward MGAs will not be listed in the product specific 5-star awards (ex. 5 Star Construction, 5 Star Professional Liability, etc.) – rather they have added specialization to this survey and designated nominations with three separate medals (gold, silver, and bronze).
Jencap was nominated for a bronze medal in General Liability and Small Business.
Read more from IBA’s 5 Star Wholesaler Report here.
About Jencap Group
Jencap is one of the largest wholesalers in the U.S. with notable industry-leading expertise in wholesale brokerage, binding authority, and program management. Its specialized divisions and affiliate organizations provide niche underwriting prowess, broad market access, and nationwide influence. Headquartered in New York, Jencap leverages its collective power to exceed the expectations of more than 20,000 independent agency partners. For more information, visit: JencapGroup.com.
