Programs are an alternative distribution channel generally created for homogenous groups or classes of businesses or specific lines of business (e.g., auto, property, or umbrella). Programs developed for these groups of businesses or lines of business include targeted coverage and pricing approaches created specifically for the class as well as services tailored to the needs of the businesses.

By getting to know our broker and carrier partners, we can identify pain points and opportunities to reduce expenses and losses with programs grounded in our industry expertise. We can offer insight, technology, distribution, and additional resources that many brokers and carriers don’t have the capacity to manage in-house. In addition to exposure expertise, IPS has a deep understanding of market need and demand, and our leaders are poised to create program solutions designed to address the risks and needs of a variety of industries.

• A cloud-based policy life cycle system to rate, quote, bind, issue, renew, and endorse transactions
• Industry-specific and line of business underwriting expertise
• Claims handling services using both Creative Risk Solutions (TPA) and partner TPA providers
• Risk and Safety services leveraging the Holmes Murphy team
• Actuarial perspectives in collaboration with our partner Actuarial Advisors
• Innovation leveraging tools and technology within BrokerTech Ventures and other relationships
• Program administration and management based upon decades of experience, relationships, and integrity

We are committed to collaboratively aligning with all stakeholders to effectively address cost of risk for our clients and underwriting return for our carrier partners. We want to clarify industry related misperceptions through the use of innovation, technology, and understanding of emerging issues and trends to zero in on actual exposures and create solutions grounded in expertise to address those unique industry exposures. IPS develops holistic approaches for specialized classes of business to provide clients exactly what they need when they need it.

We will write specialty programs centered around deep class/industry expertise. Our approach will leverage decades of experience within the Holmes Murphy organization and industry-specific expertise within IPS. We will also be building programs in collaboration with key long-term clients and industry concentrations, expertise, and growth rooted within the core of our geographic footprint and remaining well positioned for countrywide availability and distribution.

Program sizes and account sizes will vary depending upon industry group. Our primary focus is more about the specialization and expertise we can provide. Our experience is based on our team and the extensive network we can access within Holmes Murphy. Whether you’re looking for a partner with general expertise within your line of business or a deep understanding of your business class, our team can provide decades of experience and insight across targeted industries.