| Ongoing Services
Recognizing the changing atmosphere for underwriting in the general
insurance marketplace, the Norwich Group has developed several ongoing
services to ensure program profitability for our customers and risk bearers. . Actuarial Support - Recognizing that programs maintain unique characteristics, actuarial support is critical in understanding the historical, current and future profitability of a program. The Norwich Group has identified several actuarial firms with demonstrated leadership in a given class or industrial group. . Underwriting Models - Throughout our 10+ year history, we've maintained a unit dedicated to building web-based underwriting tools for our clientele. These underwriting models assess price adequacy in real time based on actuarial principals. Our models allow program managers to track results and formulate pricing and underwriting modifications as the market dictates. . Claims Auditing Services - The Norwich Group has developed a claims auditing program to provide current analysis of any claims adjustment firm utilized by our clients. This program analyses the claims adjuster's protocols and procedures, including claims reserving practices, case loads, file management and other crucial benchmarks for claims handling. The Norwich Group has a strong record of utilizing focused protocols and procedures for producing underwriting profits. Our track record speaks for itself. In an ever-changing marketplace, we make a difference for our program managers by building long term, stable relationships that ensure profitability and top performance. |