Program Business

Areas of Expertise

Program PlacementOur objective is to align the best Program Managers with the best Insurance Carriers. This benefits our clients by reducing the “Wheel spinning” on program placement that’s so prevalent when there is not an organized, customized approach.

Program Placement services may include:

  • Program Proposal - Developing a comprehensive overview/program proposal for presentation to the market
  • Supporting Materials - Refining and developing supporting materials such as underwriting guidelines, applications, forms, rating/pricing manuals and other marketing materials
  • Due Diligence - Managing and coordinating the due diligence process
  • Program Build and Launch - Coordinating efforts of all parties during the build and launch of the program
  • Program Touchpoints and Audits - Aiding, facilitating and attending regular touch-points during launch and ongoing underwriting audits
  • Data Compilation - Compiling and organizing all supporting data
  • Carrier Selection - Recommending and approaching the best carrier options to maximize client requirements on both appetite and resources
  • Agreements and Contracts - Assisting with and recommending alternatives during contract negotiations
  • Relationship Management - Facilitating and managing the developing client/carrier relationship
  • Maintenance & Management - Attend to necessary program revisions due to changing market conditions and coordinating the renewal process

Types of Programs

Types of ProgramsVital currently has over $250 million of annual premium under contract in programs. Our programs include every line of business within the property and casualty marketplace such as:

Commercial Auto
General Liability
Property
Professional and Worker´s Compensation