In the Dutch market we expect more activity across borders, both inbound and outbound. For incoming insurers, the Dutch market can be used to further expand in Europe. We also see foreign managing general agents (MGAs) entering the Dutch market and/or existing MGAs expanding. Some local insurers are using the MGA model themselves to expand cross border into neighbouring markets, using existing local knowledge and distribution channels. Belgium and Germany are countries that are often chosen for cross border activities.