Trust, Collaboration, and Security
USMGU :
Backed By Excellence
United States Managing General Underwriters (US MGU) is a national firm with a rich history of designing, implementing, and managing specialized insurance programs. We have built our reputation on a commitment to helping businesses navigate complex risk with a greater degree of control and financial stability through captive insurance. This time-tested approach to self-insurance allows a company to create its own insurance subsidiary to underwrite and manage its unique risks.
Our reputation is built on the trust we’ve earned through years of successful partnerships. Our long-standing relationships with leading carriers, administrators, and organizations underscore our commitment to excellence and our established position in the industry.
Carrier and Administrator Partners: National General, Nationwide Self-funded, Cigna PPO, Breckpoint (a subsidiary of Accrisure, the largest Stop Loss carrier in the United States), Gilsbar Third Party Administrators, Harmony Third Party Administrators, East West Third Party Administrators, Transparent Health, 6 Degrees Health.
Clients: Fed Ex franchise owners, Amazon ISP’s, PEO’s, Evolve Association.
Our extensive network and history of successful collaboration demonstrate our ability to provide reputable and effective solutions for our clients.
We’re dedicated to helping organizations take control of their insurance needs and build a more secure future. What specific challenges is your organization currently facing? We’d be happy to discuss how our solutions can help.
The Power of Captive Insurance
Captive insurance empowers companies to retain the risk of future losses rather than paying ever-increasing premiums to a third-party insurer. This provides a strategic advantage, especially for risks that are either too expensive or not covered by traditional commercial insurance. This can include everything from standard liability to emerging threats like cyber attacks or weather-related events.
At its core, a captive insurance company offers:
Customization: Tailor coverage to your specific risk profile, giving you greater flexibility than off-the-shelf policies.
Cost Efficiency: Potentially lower your premiums, reduce fixed costs, and gain direct access to favorable underwriting results.
Financial Control: Improve cash flow and retain control over investment income from unused premiums, which would normally be kept by a commercial insurer.
Our Role as a Managing General Underwriter (MGU)
We operate with full underwriting authority from our carrier partners, enabling us to handle critical functions such as binding policies and collecting premiums. Our strategic partnerships are a testament to our commitment to innovation and client success. For example, we’ve partnered with a trusted administrator to offer a level-funded health plan, providing smaller employers with access to the same benefits as much larger organizations.
As a managing general underwriter, US MGU has spent years refining our expertise as a crucial intermediary between our clients and licensed insurance carriers. Our deep-seated understanding of underwriting and risk management allows us to create tailored, data-based solutions that traditional insurers often cannot.
- Underwriting and binding policies
- Premium Collection
- Claims Management
A History of Trust: Our Valued Partnerships
Our reputation is built on the trust we’ve earned through years of successful partnerships. Our long-standing relationships with leading carriers, administrators, and organizations underscore our commitment to excellence and our established position in the industry.
Carrier and Administrator Partners: National General, Nationwide Self-funded, Cigna PPO, Breckpoint (a subsidiary of Accrisure, the largest Stop Loss carrier in the United States), Gilsbar Third Party Administrators, Harmony Third Party Administrators, East West Third Party Administrators, Transparent Health, 6 Degrees Health.
Clients: Fed Ex franchise owners, Amazon ISP’s, PEO’s, Evolve Association.
Our extensive network and history of successful collaboration demonstrate our ability to provide reputable and effective solutions for our clients.
We’re dedicated to helping organizations take control of their insurance needs and build a more secure future. What specific challenges is your organization currently facing? We’d be happy to discuss how our solutions can help.