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Meadowbrook Insurance Group has been
developing and managing insurance programs for client groups for over 20
years. Meadowbrook is a full-service insurance organization and a leader in
the field of Alternative Risk Management. We target selected industry, trade
and professional associations; affinity groups and governmental entities;
and independent agents.
Meadowbrook develops programs which are
customized packages of services and coverages designed for clients whose
risk management needs are not met by the traditional insurance marketplace.
From cattle farmers to sports teams to wire
rope fabricators, Meadowbrook serves the specialized risk needs of a diverse
range of client groups.
Meadowbrook provides a stable alternative
to commercial insurance companies... stability in cost, coverage and
commitment. Premiums are generally less volatile because they are based on
the individual claims history and not necessarily on that of the
marketplace. Long terms costs are generally lower because of the benefits of
participating in underwriting and investment income results.
Meadowbrook offers three types
of programs, categorized by the level of risk assumed by Meadowbrook:
Risk-sharing Programs:
Clients, insureds and/or agents participate with Meadowbrook in the
underwriting and investment results of the program.
Managed Programs:
Meadowbrook usually assumes no insurance risk, but provides services to the
client on a fee-basis under long term contracts. A good example of this type
of program is Public Entity management.
Fully-Insured Programs:
Meadowbrook provides traditional insurance without risk-sharing, often where
an opportunity exists to convert this business into a Risk-Sharing
partnership in the future.
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