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Large Enough
To Handle
The Most
Complex Of
Risks,
Yet Small
Enough To
Care!
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Charter Partners™
and the Alternative Market
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What is Charter Partners?
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Charter
Partners is a select group of the highest quality clients, agents, and
insurers who are in a
position to bring the Alternative Market to the Middle Market and are able
to incorporate specialized services to meet the unique needs of the clients. |
Why
the Middle Market?
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The Fortune 1000 companies have been doing it for years.
Driven by the hard market of the mid-1980's, frustrated companies looked for
an alternative to the skyrocketing premiums in the traditional market.
Captives and self insurance proved to be more efficient and less expensive
than the traditional ways, while offering more control and stability over
their insurance programs. We are now making this a possibility for Middle
Market clients who otherwise would not have the opportunity to achieve these
benefits. |
How does it work?
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By aligning the financial interests of all parties including
the clients, agents, and insurers, many of the redundant tasks are removed
from the process. Putting trust back into the business, each member of the
group share in the risk and insurance profits, along with the agent and the
insurer. |
Why does it work?
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The Regional Purchasing Groups (RPG's) thrive on quality. By
bringing the better than average clients together and allowing them to
design an insurance program to meet their specific needs, while "having a
skin in the game" is unique to the insurance industry. And the clients
really enjoy the control and influence they have. |
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For further information click here. |
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