Binding Authorities & Programmes

Part of the North America & International Specialty Division

For those Agents/Clients who have a volume of business and are perhaps seeking delegated underwriting authority, we are able to provide solutions from both the Lloyd’s and company markets. This can be done for a wide range of classes and with either a limited level of delegation, or with full authority. Typically these arrangements will offer higher levels of commission and profit commission related rewards.

If you need to develop programmes for Group business, we can assist. We are able to provide arrangements for Association Master Policies, Risk Purchasing Groups and Risk Retention Groups. Depending on the volume and performance of the business, we can provide a preferred level of rating for groups as well as coverage enhancements that might not typically be available in the market. In addition, we offer benefits in recognition of a group’s contribution towards the marketing and administration of its programme.

While our brokers handle facility business in their own class discipline, we also have specialist units that exclusively deal with Binding Authority and Programme business. These units are backed by a dedicated administration team who support all the processing needs of these programmes.

Our experience includes the following:

Binding Authorities for:

• General Property & Casualty (monoline, or packaged)
• Commercial Auto
• Accident & Health
• Professional Liability products

Association Master Policies for:

• Architect & Engineers E&O
• Trucking Associations
• Medical Groups
• State Associations
• Sporting Groups
• Affinity Groups and Trade Associations
• Risk Purchasing Groups