Commercial Manufacturer – Going “Unbundled”
Old Republic was approached by a major broker for a large manufacturer who had a traditional bundled insurance program where the insurance carrier handled all the claims and risk control services. The client was dissatisfied with the level of service they were receiving from incumbent’s claim operation and wanted to seek alternatives in the unbundled marketplace.
The client interviewed several TPA’s and decided quickly in the process that they wanted an unbundled insurance carrier where they had the freedom to choose a TPA that best fit their business and operating philosophies. Old Republic was eventually chosen as their carrier due to Old Republic’s extensive experience with many different TPA’s and our straight-forward responsive approach in the underwriting and quote process.
In the end, Old Republic put forth solutions to the client / broker and helped facilitate the move to an unbundled insurance program. This is another example of how Old Republic listened to our clients and brought value to the table.
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