Risk Exchange is a professional program administrator and MGU, with exclusive programs designed to help our clients with unique and difficult placements. REX partners with regional and national carriers that afford REX full rate/quote/bind authority. Additionally, REX handles all post-issuance servicing on the business underwritten in the programs.
REX’s program practice group is characterized by:
Exclusive workers compensation programs targeting underserved segments of the market
Complete in-house rate, quote, and bind authority on behalf of the carrier
Full-service offering including sales/marketing, underwriting, policy issuance, billing, post-issuance servicing, loss control and premium audit
Both homogenous and heterogenous program offerings
Available for new program exploration with interested partners
REX’s current programs focus on:
Broad underwriting appetite targeting most classes of business
Predominantly operating in NCCI states
Accessible on a direct submission basis as well as thru NCCI’s VCAP program
Aligned with programs targeting other lines of insurance
Round out coverage offerings and expands relationship with insured
Differentiates coverage offering from monoline carriers
National work comp program, supported by A rated carriers, offering guaranteed cost and deductible options
Broad underwriting appetite including a wide array of class codes and most industries
Low minimum premium
Operates in all 50 states as a full service broker
Exclusive access to regional carriers
Broad appetite with emphasis on work comp, with other lines of business capabilities (GL, Commercial Auto, Property, etc)
