Managed Care

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Our product is designed to help our clients protect their financial well-being by offering coverages that both soften the impact of the high cost of catastrophic claims, as well the frequency of these claims.

It is our intent to offer a product that is competitive in the Provider Excess Loss and HMO Reinsurance market, as well as establish long-lasting relationships with both clients and producers of this business.

Why IOA Re…?

Stability… The market for Provider Excess Loss Insurance and HMO Reinsurance has experienced substantial swings over its relatively brief history. In the past few years, a number of carriers and Managing General Underwriters (MGUs) have exited the market. IOA Re has been underwriting both lines of business for 17 years. In addition, IOA Re obtained its original binding authority with Lloyds’ in the mid-1940s, making it one of the oldest Managing General Underwriters in the business today.

Strength… The primary purpose of the coverage is to guarantee that in exchange for the premium paid, our clients’ eligible claims will be promptly reimbursed. In order to guarantee that, we partner only with A.M. Best Company rated carriers that are “A” or higher.

Currently, IOA Re underwrites on behalf of the following carriers:

HMO Reinsurance:American Fidelity Assurance Company, Rated A+ (Superior) By A.M. Best
QBE Reinsurance Company, Rated A by A.M. Best
United States Fire Insurance Company, Rated A by A.M. Best
Medical Excess:American Fidelity Assurance Company, Rated A+ (Superior) By A.M. Best
United States Fire Insurance Company, Rated A by A.M. Best
Provider Excess:American Fidelity Assurance Company, Rated A+ (Superior) By A.M. Best
United States Fire Insurance Company, Rated A by A.M. Best

We also offer value-added services, via our PRN program, that may actually help our clients mitigate the occurrence of such claims. This is a win for our clients as well as our carriers.