Your program requirements are unique. Our wide range of insurance products and our indepth industry expertise allow us to craft programs that meet your specific needs. Whether you need a primary insurance program or umbrella insurance program (supported and non-supported), our dedicated client groups provide solutions through our affiliated, highly rated insurance companies. We work closely with you to develop underwriting guidelines, authorities, and procedures that reflect your strengths and experience. Our goal is to develop a long-term, mutually profitable relationship. We do this by cooperatively creating comprehensive solutions that balance your risk-taking appetite, financial objectives, and operating capacity.

We believe in partnering with the “best in the business,” which allows us to take an unbundled approach to your business that keeps you in control. Primary responsibility for your program’s claims administration, risk control, and underwriting remains with you, whether in-house or contracted by you to a third-party provider. Another important benefit of working together with Specialty Markets arises from our reinsurance roots: we do not have an independent insurance agency system that will compete with your business.

We prefer $10 million annualized gross written premium for supported casualty and multi-line packages, $5 million for unsupported umbrella business, and $5 million for property lines and professional liability lines.

Products

Services
We can provide access to experts in all disciplines, including:

Product Development
Our insurance experts develop innovative insurance solutions to cover risks with unusual or unique characteristics. We work with you to tailor coverage to meet the special needs of you rhomogeneous group or association program business.

Policy Processing
Our policy management systems (policy rating and issuance) can be used by your operation to support standard ISO lines and workers’ compensation. Other lines may be available on these platforms with customization. If you have your own policy management systems, we will work with you to create the best interfaces between your systems and ours.

Claims Handling
Our unbundled approach allows you to use TPAs approved by us. Our claims experts provide oversight of TPAs on primary program business. Our ongoing evaluations can generate recommendations to the TPAs to ensure the continued quality of claims handling, claims staff, and claims systems.

Underwriting Operations
Our global presence keeps us informed of best practices throughout our industry. We share these insights and work with you while providing an independent evaluation of your underwriting operations. When we agree on recommendations for improvement, our advisors remain available to assist you in implementation.

Research and Analysis
Our custom reports range from general market trends to specific market segments to individual state profiles. You can use our services to gain competitive intelligence, track current industry trends, develop strategic plans, and define new business opportunities.

Risk Control Oversight
These services help identify, prevent, and mitigate the impact of risk. Services include loss control assessments, causal analysis, trend analysis, training and assistance in establishing/upgrading loss control programs, work site assessment, and assistance in selecting third-party specialty consultants.

Best Doctors®
These world-class experts are available to consult on catastrophic injuries to help reduce overall workers’ compensation claims costs while maximizing medical recoveries.

Medical Bill Negotiation Services
Our specialized medical bill negotiations service provides access to a team of professional negotiators using state-of-the-art databases to achieve savings on medical bills not subject to PPO discounts.

Catastrophe Risk Management
We provide expert analysis on natural and non-natural property perils and exposures, including technical and scientific catastrophe risk modeling issues. We evaluate and work with you to address catastrophic exposures arising from casualty lines of business.