Charter Partners™
and the Alternative Market
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Charter Partners is a select group of the highest quality clients, agents, and insurers who are in a position to bring the Alternative Market to the Middle Market and are able to incorporate specialized services to meet the unique needs of the clients
Why the Middle Market?The Fortune 1000 companies have been doing it for years. Driven by the hard market of the mid-1980's, frustrated companies looked for an alternative to the sky-rocketing premiums in the traditional market. Captives and self insurance proved to be more efficient and less expensive than the traditional ways, while offering more control and stability over their insurance programs. We are now making this a possibility for Middle Market clients who otherwise would not have the opportunity to achieve these benefits.
How does it work?By aligning the financial interests of all parties including the clients, agents, and insurers, many of the redundant tasks are removed from the process. Putting trust back into the business, each member of the group share in the risk and insurance profits, along with the agent and the insurer.
Why does it work?The Regional Purchasing Groups (RPG's) thrive on quality. By bringing the better than average clients together and allowing them to design an insurance program to meet their specific needs, while "having a skin in the game" is unique to the insurance industry. And the clients really enjoy the control and influence they have.
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