You are familiar with SIRPRO's legendary knowledge and service in the single risk industry for public entities.  GI's pooling  group is following the same tradition.  The group will revolve solely around the placement of pool reinsurance.  In the past you've had to choose a large treaty broker or, you’ve been forced to take over the task yourself.   Now you can work with a company specifically designed to place insurance and reinsurance for Public Entities and Pools.   We have  the expertise, resources, and markets to take care of your placement.

EXPERTISE AND SUPPORT

It is true that expertise translates into efficiency.  We have over 100 years combined experience in the public entity business. We are active members of your risk management team as well as your reinsurance broker.  Pools are continuously changing, creating issues that need solutions.  If your pool needs new ideas on structure, design, coverage, or markets, we are the solution.  We have cat modeling for property, actuarial services, and even TPA services should you need them.  From design to implementation, GI has the resources.

INSURANCE OR REINSURANCE

It is our job to keep up-to-speed on who is available to protect your pool, whether it's by insurance or reinsurance.  We have excellent contacts in all the important insurance arenas including the US,  Bermuda, and London.  As the market changes and reinsurance becomes more difficult to find, SIR insurance for pools is becoming more important.  We have the expertise to get the job done.

INDUSTRY SUPPORT

GI/SIRPRO is very proud to be a sponsor of many state PRIMA’s and the National PRIMA.  We have insured over 5 risk mangers of the year, and really believe in education.  Please stop by our booth this year in Milwaukee and have a shot at winning one of our famous shirts!  As AGRIP members, we are excited to start a new relationship with an association dedicated strictly to public entity pools.   We want to show you we support you and your industry.

LATEST SUCCESS STORIES WITH PUBLIC ENTITY POOLS

-         Property Placement- $7 billion in TIV.

-         Property Placement- $1.4 billion in TIV.

-         Casualty Placement-  8,000 autos.

-         Casualty Placement- No sovereign immunity state.

As you can see, GI is positioned to be your pool’s next team member.  We have put together all the elements to help you find success, year-in and year-out, in this ever changing reinsurance marketplace.  Pick up the phone today and give us a call for a list of references!

Call Mark Hart at 1-314-845-2034 or Judd Feldman at 1-888-474-7776.

We look forward to seeing you at the National PRIMA convention this year.  As you know SIRPRO has been a consistent member of PRIMA for 10 years now.  You probably know our green booth with the scratch off lottery tickets.  This year will be no different!  We will be ready to entertain and give away some new shirts!  We have two booths, 420 and 422, so make sure you stop by and meet our new team members.  We will have the usual SIRPRO folks, and a host of new faces from the GI pooling team, so don't be strangers.   Come by and say Hi.  You can try your luck at winning one of our NEW blue oxford GI shirts!  For an even larger prize, throw your card into the bowl for a shot at our cordless drill giveaway!  Visit the PRIMA website for more information. www.primacentral.org.

Following in SIRPRO's footsteps, GI is always developing new products.  In this case we have been working on a good follow form excess program for public entities.  In the olden days, the primary policy would have limits of up to $20mil.  As the hard market hit, that limit was eroded to $5mil and in many cases gone back to the $1mil primary and separate excess policies.  Given this development, we realize the need for follow form excess that will work with most policies.  We have not yet finalized this program, yet would like your feedback on what your thoughts are. Here are the basics:

-         $25mil limit available

-         $1mil attachment or better

-         3 year deals available

-         A- 7 rated carrier or better

-         Follow form of major industry forms

-         $100,000 minimum premium

If this interests you, please e-mail Judd Feldman at judd@sirpro.com and have your vote counted.