|By PR Newswire||
|December 31, 2013 04:34 PM EST||
ORLANDO, Fla., Dec. 31, 2013 /PRNewswire/ -- Risk Transfer Holdings, a national insurance leader in underwriting, innovation, and portfolio management, today announced new partnerships with a group of major insurance carriers to meet robust company growth and increased demand. 2013 has been one of the most successful years for Risk Transfer and its clients. With its existing carriers and the addition of several new carrier partners, Risk Transfer is poised to continue growing and revolutionizing its industry specialties in 2014. The new partnerships offer a range of products including, but not limited to, a broader class code appetite, "A" Rated (A.M. Best) guaranteed loss and loss sensitive coverages (Master, MCP, Carve-Out, ASO/Pay-As-You-Go) as well as alternative solutions such as captive options. Risk Transfer Holdings continues to provide unparalleled service to the Professional Employer Organizations industry, with a focus on workers' compensation as well as other lines of insurance.
In 2013, Risk Transfer launched its' business intelligence tool RiskMD®. RiskMD is capable of managing multiple carrier platforms in the most succinct and efficient manner available in the industry today. Using the electronic transmission of data directly from the legacy systems of our clients, we are able to build algorithms, understand the valuation needs of each transaction, and most importantly, manage the performance of each of our assets on a payroll basis. Risk Transfer is now able to provide the most credible insight, in real-time throughout the industry to carrier partners, PEO clients, and in turn the millions of American employees that they serve.
"We're pleased to announce that our new insurance carrier partners have joined Risk Transfer to supplement our innovative products with "A" Rated coverage and access to additional capacity. The high-caliber carrier participation with Risk Transfer matches the increasing interest displayed by our clients and prospects," said Paul Hughes, CEO of Risk Transfer Holdings.
Risk Transfer wishes you another healthy, prosperous, and successful New Year!
About Risk Transfer.
Risk Transfer is an insurance industry leader, focusing on serving companies in some type of duress in procuring business insurance. Risk Transfer serves its broad range of clients through three operating entities-Risk Transfer, Risk Transfer Programs and RiskAware. Risk Transfer is the premier risk management and financial services firm serving the aggregated enterprise community. We are a team of experts from the insurance, staffing, financial services and brokerage communities. Risk Transfer Programs creates and underwrites specialty niche programs for alternative staffing segments. We focus on underserved markets and transform insurance from an expense into a profit center for our clients. RiskAware provides specialty Risk Management solutions to a broad spectrum of businesses. Our services target existing and potential risks that businesses face and we provide tailored services that help to mitigate these hazards and lower the clients' total cost of risk.
For more information, visit www.risktransfer.com. Follow Risk Transfer on Twitter @Risktransferins.
SOURCE Risk Transfer Holdings