Our underwriting practice is founded on a thorough assessment of risk, appropriate pricing and open dialog with our distribution partners.
We believe that transparent communication through direct access to ERP underwriters is essential for developing and growing long-standing relationships.
ERP delivers customized solutions that meet and exceed the changing needs of self-funded employers.
Our underwriting team provides comprehensive, timely, and tailored proposals offering a variety of product provisions and contractual features.
• 50 to 10,000 Employee lives for proposal issuance
• $40,000 Specific deductibles and higher
• Run-in and run-out contracts
• Aggregating specific deductibles (ASD)
• Reference-based pricing (RBP) options
• Short and long duration contracts
• 120% and 125% Aggregate corridors
• Full waiver of the actively-at-work provision
• Unlimited lifetime maximum
• No new laser (NNL) at renewal
• Renewal rate caps
• Plan mirroring
• Gapless renewals
• Discounts for implementation of cost containment programs
• Advanced funding
• Terminal liability (TLO) for specific and aggregate
• Monthly aggregate accommodation
• Aggregate maximums up to $2 million
There is a growing desire for brokers and consultants to consider self-funding alternatives for their fully insured clients. We strive to find creative solutions and aid in the transition through offerings such as:
• Captives
• Pooled Stop Loss Programs
• Level Funded Products
• Transitional Stop Loss Programs