The Howard Group

913-663-2323

Stop Loss

Nationally Recognized Managing General Underwriter (MGU) Engages The Howard Group to Fill Expansion Stop Loss Underwriter Position

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Managing General Underwriter (MGU)

Business Description:

This nationally recognized Managing General Underwriter is of the most stable stop-loss organizations in the industry. This organization has experienced steady and continuous growth over its 20 years of business. It is a full service MGU turned direct-writer as a result of a purchase by a prominent stop loss carrier. As a result of that purchase, this organization was given the goal of tripling its block of business of $30M (then) to $100M over the course of next 3 to 4 years. The organization was well on its way of achieving that goal with a current block size of $63M. Growth has been achieved organically through new business sales. 

Business Objective:

As a consequence of the federal healthcare legislation, this MGU anticipated an increase in business activity as larger client organizations explore the option of self funding their employee benefits plans. In anticipation of this business surge, this MGU reached out to The Howard Group to locate, identify, and recruit a tenured stop loss underwriter for its office in Florida.

Solution:

The Client, being aware of The Howard Group, asked for assistance in filling this stop loss underwriter position. As its sole recruiting source, The Howard Group used its a network of contacts created over the course of 25 years combined recruiting experience in the stop loss industry and was able to identify and attract well-qualified candidates. An offer was extended and accepted by exceptionally talented stop loss underwriter located on the west coast. The candidate needed to relocate for this position.

Contact Information

The Howard Group, Inc.
913-663-2323
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