Artex has several traditional guaranteed cost options for companies having insurance needs that fall outside the scope of our alternative risk offerings. Each of our guaranteed cost programs maintain the same standards for carrier rating, risk selection and underwriting that we employ for all of our alternative risk programs. This, along with our unbundled loss control and claims management structure, will contribute to achieving long-term rate stability for our insured’s.
All guaranteed cost programs feature:
"A" Rated Carriers
Unbundled structure
Coverage available in all states
24/7 on-line access to loss runs
24/7 on-line certificate issuance
Claims handling provided by Gallagher Bassett
Enhanced MGA functions provided by Artex:
Claims advocacy, Loss Control, Policy Issuance, Streamlined Audit
Submission requirements for each guaranteed cost program:
Acord Application
5 years of loss runs
5 years of payroll/ exposure data
5 years of expiring /audited premiums
Experience modification worksheet
Details of losses over $50,000
Two years of audited financials
Our guaranteed cost programs have been developed to address the varying risk management needs and financing tolerances of mid-sized employers. Whether alternative risk or guaranteed cost, the underlying principals remain the same; proactive loss control, effective claims handling and streamlined operating efficiencies promote risk consistency. The enhanced services provided through Artex’s guaranteed cost programs encourage consistency and stability within unstable economic and market conditions.
