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Municipal Consortium

The Challenge

A broker representing more than 140 small municipalities wanted a product that would underwrite all of the groups, ranging from six to 170 employees, as if they were one.

The Solution

Excess Reinsurance drew up a consortium structure suggesting a stable platform that enabled risk sharing across the consortium. Following its implementation, claims variance vastly diminished, renewals became more predictable, and the organizing broker now had a unique product to retain clients and attract new business.

Stats

  • A Captive Solution
  • Innovative Solution for Mandatory Benefits
  • Solving a Carrier’s Stop Loss Dilemma
Excess Reinsurance

© 2023 Excess Reinsurance. All Rights Reserved.

Corporate Office

PO Box 667
48 N Broad Street
Woodbury, NJ
08096
856-251-2280

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#
  • Products
  • Carrier Services
  • Success Stories
  • How To Get Started
  • Company
    • Leadership Team
    • Philanthropy
  • Careers
  • News & Insights
  • Contact

connect

linkedin