--- title: "MGA Excellence: AM Best and Performance Assessments of Delegated Authority – (Assignment of Benefits Podcast S1E10) ) - InsNerds.com" description: The episode of The Assignment of Benefits Podcast features Dawn Walker from AM Best discussing delegated authority, her background in risk management, and the performance assessment methodology for underwriting authorities, emphasizing transparency and innovation in the insurance sector. 💳 AM Best, with a 125-year history, focuses on providing transparency in the insurance market through credit image: https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg --- 2 min read # MGA Excellence: AM Best and Performance Assessments of Delegated Authority – (Assignment of Benefits Podcast S1E10) ) [ Nicholas Lamparelli The episode of The Assignment of Benefits Podcast features Dawn Walker from AM Best discussing delegated authority her backgroundrisk management and the pe ](https://insnerds.com/insights/author/nicholas-lamparelli-the-episode-of-the-assignment-of-benefits-podcast-features-dawn-walker-from-am-best-discussing-delegated-authority-her-backgroundrisk-management-and-the-pe) : Jun 29, 2024 12:00:00 AM [Delegated Authority](https://insnerds.com/insights/tag/delegated-authority) [MGAs](https://insnerds.com/insights/tag/mgas) [Rating Agencies](https://insnerds.com/insights/tag/rating-agencies) ![MGA Excellence: AM Best and Performance Assessments of Delegated Authority – (Assignment of Benefits Podcast S1E10) )](https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg) The episode of The Assignment of Benefits Podcast features [Dawn Walker](https://www.linkedin.com/in/dawn-walker-mba-arm-9150bb6b/) from [AM Best](https://www.linkedin.com/company/ambestcompany/posts/?feedView=all) discussing delegated authority, her background in risk management, and the performance assessment methodology for underwriting authorities, emphasizing transparency and innovation in the insurance sector. 💳 AM Best, with a 125-year history, focuses on providing transparency in the insurance market through credit ratings and performance assessments. 📈 AM Best introduced performance assessments for delegated underwriting authorities to enhance growth and transparency in the market. 💡 Performance assessments offer an independent opinion on a DUA’s ability to serve insurer partners, with insights for improvement using a global benchmark. 📊 AM Best’s performance assessment uses a numerical scale from PA1 to PA5, assisting in evaluating strengths and weaknesses of DUAs. 🔄 Carriers are not mandated to require performance assessments for DUAs, but the process is valuable in due diligence and beneficial for all parties involved. 🔍 Preparation for a performance assessment involves detailed information on underwriting, financials, leadership, and other key factors with support from AM Best’s checklist. 🚀 Startups can benefit from performance assessments even with a short operating history, giving them insights for improvement. ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg) ### About Nicholas Lamparelli Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist. - [![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-26-52-8445-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-26-52-8445-AM.png) ](https://www.linkedin.com/in/nicklamparelli) - ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-02-26-49-8856-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-02-26-49-8856-AM.png) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-150x150-Jan-03-2025-02-26-50-8470-AM.jpg?width=150&height=150&name=Lamparelli-150x150-Jan-03-2025-02-26-50-8470-AM.jpg) ##### [ Nicholas Lamparelli](https://insnerds.com/author/nick-lamparelli/) + posts Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist. - ** [From Teacher to Tech: How SettleStream Cuts Litigation Time and Costs - A Discussion with Chrysa Jones, COO](https://insnerds.com/from-teacher-to-tech-how-settlestream-cuts-litigation-time-and-costs-a-discussion-with-chrysa-jones-coo/) - ** [My Battle With Sleep Demons (and How I Overcame It 🤞)](https://insnerds.com/my-battle-with-sleep-demons-and-how-i-overcame-it-%f0%9f%a4%9e/) - ** [Exploring the History of Citizens Insurance Company of Florida: From Inception to Present - AoB Podcast](https://insnerds.com/20638-2/) - ** [The Importance of Security in Workflow For Insurance Agents & Brokers (AoB Podcast with Taylor Pascoe of ShareFile)](https://insnerds.com/the-importance-of-security-in-workflow-for-insurance-agents-brokers-aob-podcast-with-taylor-pascoe-of-sharefile/) ### Related Posts - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Dave-Collins-Thumbnail-150x150.png?width=150&height=150&name=Dave-Collins-Thumbnail-150x150.png) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Dave-Collins-Thumbnail-150x150.png?width=150&height=150&name=Dave-Collins-Thumbnail-150x150.png) ](https://insnerds.com/profiles-in-risk-e453-eliminating-manual-spreadsheet-reporting-for-mga-and-delegated-authority-business-dave-connors-co-founder-and-ceo-at-distribind/) [Profiles in Risk: E453 - Eliminating Manual Spreadsheet Reporting For MGA and Delegated Authority Business; Dave Connors, Co-Founder and CEO at DistriBind](https://insnerds.com/profiles-in-risk-e453-eliminating-manual-spreadsheet-reporting-for-mga-and-delegated-authority-business-dave-connors-co-founder-and-ceo-at-distribind/) Many if not most MGAs function under a delegated authority model, where they are authorized… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/ap-psychology-syllabus-resource-lesson-plans_138859_large-150x150-Jan-03-2025-02-24-30-9679-AM.jpg?width=150&height=150&name=ap-psychology-syllabus-resource-lesson-plans_138859_large-150x150-Jan-03-2025-02-24-30-9679-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/ap-psychology-syllabus-resource-lesson-plans_138859_large-150x150-Jan-03-2025-02-24-30-9679-AM.jpg?width=150&height=150&name=ap-psychology-syllabus-resource-lesson-plans_138859_large-150x150-Jan-03-2025-02-24-30-9679-AM.jpg) ](https://insnerds.com/behavioral-psychology-employee-performance/) [Behavioral Psychology & Employee Performance](https://insnerds.com/behavioral-psychology-employee-performance/) A version of this article originally published in Carly's monthly column on Best's Review. We… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/POMS2-150x150-1.jpeg?width=150&height=150&name=POMS2-150x150-1.jpeg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/POMS2-150x150-1.jpeg?width=150&height=150&name=POMS2-150x150-1.jpeg) ](https://insnerds.com/transforming-employee-benefits-into-culture-spotlight-on-poms-associates-angie-richards/) [Transforming Employee Benefits into Culture: Spotlight on Poms & Associates’ Angie Richards](https://insnerds.com/transforming-employee-benefits-into-culture-spotlight-on-poms-associates-angie-richards/) “Sometimes my clients would worry because they could only afford benefits plans that were at-best… [**Share](https://www.linkedin.com/cws/share?url=https%3A%2F%2Finsnerds.com%2Fmga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e%2F%3Futm_source%3Dlinkedin%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Tweet](https://twitter.com/intent/tweet?text=MGA+Excellence%3A+AM+Best+and+Performance+Assessments+of+Delegated+Authority+-+%28Assignment+of+Benefits+Podcast+S1E10%29+%29&url=https%3A%2F%2Finsnerds.com%2Fmga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e%2F%3Futm_source%3Dtwitter%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare&via=InsNerds) [**Share](https://www.facebook.com/share.php?u=https%3A%2F%2Finsnerds.com%2Fmga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e%2F%3Futm_source%3Dfacebook%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Reddit](https://www.reddit.com/submit?url=https%3A%2F%2Finsnerds.com%2Fmga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e%2F%3Futm_source%3Dreddit%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Email](mailto:?subject=MGA%20Excellence%3A%20AM%20Best%20and%20Performance%20Assessments%20of%20Delegated%20Authority%20-%20%28Assignment%20of%20Benefits%20Podcast%20S1E10%29%20%29&body=The%20episode%20of%20The%20Assignment%20of%20Benefits%20Podcast%20features%20Dawn%20Walker%20from%20AM%20Best%20discussing%20delegated%20authority%2C%20her%20background%20in%20risk%20management%2C%20and%20the%20performance%20assessment%20methodology%20for%20underwriting%20authorities%2C%20emphasizing%20transparency%20and%20innovation%20in%20the%20insurance%20sector.%20%F0%9F%92%B3%20AM%20Best%2C%20with%20a%20125-year%20history%2C%20focuses%20on%20providing%20transparency%20in%20the%20insurance%20market%20through%20credit%0D%0A%0D%0ARead%20More%20Here:%20%20https%3A%2F%2Finsnerds.com%2Fmga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e%2F%3Futm_source%3Demail%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [![Profiles in Risk: E453 – Eliminating Manual Spreadsheet Reporting For MGA and Delegated Authority Business; Dave Connors, Co-Founder and CEO at DistriBind](https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-03-11-6162-AM.jpg) ](https://insnerds.com/insights/profiles-in-risk-e453-eliminating-manual-spreadsheet-reporting-for-mga-and-delegated-authority-business-dave-connors-co-founder-and-ceo-at-distribind) 3 min read #### [Profiles in Risk: E453 – Eliminating Manual Spreadsheet Reporting For MGA and Delegated Authority Business; Dave Connors, Co-Founder and CEO at DistriBind](https://insnerds.com/insights/profiles-in-risk-e453-eliminating-manual-spreadsheet-reporting-for-mga-and-delegated-authority-business-dave-connors-co-founder-and-ceo-at-distribind) [the authority agreement or not. In the past this was often done using in-person audits. In the digital age those still exists but we are transitioning to a more digital realm](https://insnerds.com/insights/author/the-authority-agreement-or-not-in-the-past-this-was-often-done-using-in-person-audits-in-the-digital-age-those-still-exists-but-we-are-transitioning-to-a-more-digital-realm-wh) : Aug 23, 2023 12:00:00 AM Profiles in Risk: E453 – Eliminating Manual Spreadsheet Reporting For MGA and Delegated Authority Business; Dave Connors, Co-Founder and CEO at... 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This shift from... 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[Assignment of Benefits](https://insnerds.com/insights/tag/assignment-of-benefits) [Florida](https://insnerds.com/insights/tag/florida) [Claims](https://insnerds.com/insights/tag/claims) [Rating Agencies](https://insnerds.com/insights/tag/rating-agencies) [Fraud](https://insnerds.com/insights/tag/fraud) [Regulatory](https://insnerds.com/insights/tag/regulatory) [Read More](https://insnerds.com/insights/insuring-against-litigation-demotech-4warn-the-battle-against-floridas-litigation-surge-abuse-aob-s1e8) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Nicholas Lamparelli The episode of The Assignment of Benefits Podcast features Dawn Walker from AM Best discussing delegated authority her backgroundrisk management and the pe", "url" : "https://insnerds.com/insights/author/nicholas-lamparelli-the-episode-of-the-assignment-of-benefits-podcast-features-dawn-walker-from-am-best-discussing-delegated-authority-her-backgroundrisk-management-and-the-pe" }, "dateModified" : "2025-01-03T02:28:15.714Z", "datePublished" : "2024-06-29T04:00:00.000Z", "headline" : "MGA Excellence: AM Best and Performance Assessments of Delegated Authority – (Assignment of Benefits Podcast S1E10) ) - InsNerds.com", "image" : [ "https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-26-53-3845-AM.jpg" ], "mainEntityOfPage" : { "@id" : "https://insnerds.com/insights/mga-excellence-am-best-and-performance-assessments-of-delegated-authority-assignment-of-benefits-podcast-s1e", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png" }, "name" : "Insurance Nerds" } } ```