Specialty Markets provides highly effective risk-taking solutions for clients who manage risk through nontraditional structures. Our client teams help self-insurers, risk retention groups, pools, trusts, reciprocals, and captives prosper.
The number of our clients with whom we have long-term relationships demonstrates our market-leading expertise and commitment to the alternative market. We earn these long-term relationships by developing comprehensive solutions that balance your risk appetite, financial objectives, and operating capacity.
Put our financial strength to work for you through any of our multifaceted, risk-transfer capabilities. These can include excess insurance, treaty reinsurance, and facultative reinsurance. Our team of seasoned, knowledgeable professionals provides the superior underwriting, claims management, and risk control oversight that are critical to your success. Groups with excess premiums of at least $400,000 and single risks with excess premiums of at least $200,000 are the best fit with our capabilities.
Our team works to develop custom solutions for:
- Public entities - municipalities, counties, and special districts
- Scholastic entities - primary and secondary schools, community colleges, colleges, and universities
- Religious organizations
- Secular nonprofit organizations
- Groups whose members are commercial entities
Our Success is Your Success
Our clients include pools and trusts, as well as individual entities and their brokers in the management of risk. We help risk-sharing groups to better meet the changing needs of their members by developing an integrated risk financing and risk management program. For individual entities that are retaining risk, we work to reduce exposure to loss and to efficiently finance the risk remaining. We draw on our years of experience and expertise areas as risk control, claims management, risk financing, and actuarial analysis to provide overall assistance in the development and implementation of a risk management strategy.
We understand the risk inherent in many public, nonprofit and commercial entity operations, and we deliver a variety of products and programs through a consultative approach. Our risk management solutions range from traditional programs to more sophisticated risk management and risk financing integration. Because many of these entities are founded on trust and operate in environments that are contingent upon the support of their communities, our risk solutions are cost-effective, flexible, and responsive to our client’s unique requirements.
A Consultative Perspective
We work closely with individual entities or groups and their brokers to build a uniquely structured program. Our professionals understand the insurance market and are able to draw upon our vast global resources and creatively combine coverages that ultimately provide a solution that is best for that entity or program. We have been successful in providing our clients with flexible, alternative services.
Approaches
- Individual entities and pools, trusts, or groups
- Customized programs
- Multi-line, integrated products
- Assistance in developing and implementing unique risk management and risk financing strategies
Lines of Business/Coverages
- General Liability
- School Board Legal Liability
- Employment Practices Liability
- Automobile Liability
- Property, including Crime
- Workers’ Compensation/Employer’s Liability
- Public Officials Liability
- Law Enforcement Liability
- Employee Benefits Liability
- Foreign Liability
- Health Care Professional Liability
- Health Care Benefits
Services
We can provide access to experts in all disciplines, including:
- Claims
- Risk control
- Finance
- Actuarial
- Contracts
»Information on our suite of Alternative Market value-added services
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