| Program Development and Placement
Norwich Group assists in the development of specialty commercial programs
across the country. On behalf of specialty program managers, we seek
the proper carrier partner, reinsurance program and service providers for
that customer’s market niche. With 10+ years of experience in this narrow
industry subset, we can maximize a program’s profitability and longevity
with a personal touch not found with other providers. Typical program sizes
range from $3 million to $25 million in annual premiums. For its services,
Norwich Group is paid a fixed percentage of premiums. The Norwich Group Approach: • We pre-screen all program opportunities - based on empirical information - to ensure a program’s long term profitability. • We partner with the program manager to collect the proper underwriting data, policy forms and market intelligence in order to develop the ideal submission for the marketplace. • Further, we seek to differentiate our program submissions from the standard offerings in any particular niche market, strengthening our longstanding position and reputation in the marketplace. |