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PROGRAM FOCUS & APPETITE

Glencar’s Integrity, loyalty, and inherent culture to always do the right thing are what I value most. WHAT OUR BUSINESS PARTNERS ARE SAYING

Our Program Focus

Glencar has the expertise to work with a wide spectrum of programs; however our primary focus is on small to mid-sized niche programs. These programs include value added components such as specialized knowledge of business segment or customized coverages, a specialized method of distribution, or an element of underwriting leverage. We provide property and casualty program solutions including the following lines of business:

  • Commercial Property
  • Commercial & Personal Inland Marine
  • General Liability
  • Miscellaneous Professional
  • Excess Liability/Umbrella, Workers Compensation and Commercial Auto written primarily in support of other lines of business

New Program Due Diligence

Programs submitted to Glencar will follow a due diligence protocol that consists of the following:

  • Review of program business plan, historical results, pricing objectives, data delivery capabilities
  • Full Actuarial analysis including pricing and loss projections
  • Catastrophe modeling
  • Underwriting guideline and policy form review
  • Underwriting and operational audits
  • Creation of Pro-forma income statement
  • Claims handling analysis and determination
  • Program Administrator Contract execution

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