How can we analyze the legal environment of a single state or collection of states?
JLT Re’s by-state analysis of the MPL line includes a thorough analysis of relevant statutes, recent large verdicts and legal climate
How can we gauge the adequacy of our increased limit factors (ILFs)?
JLT Re has conducted a review of publicly available rate filings from the last ten years and compiled a by-state index of various limits, with end user capabilities to analyze current factors
If we’ve identified a state or line of business we want to enter, how do we determine its profitability?
Our proprietary Strategic Technical Expansion Model (STEM) provides performance modeling to address the trade-offs between return and risk for growing portfolios in territory or class. JLT Re maintains an independent analysis of the NPDB to develop severity and frequency heat maps for the physician, nurse and dentist classes of business, on a by-state basis
How can we benchmark our operating trends to those of our peers?
JLT Re’s MPL Index includes 185 specialist MPL writers (90% or more of DPW reported is MPL); trends are reviewed quarterly and shared with clients to aid in analyzing performance relative to market peers
U.S. MARKET SHARE & TEAM
- Represent 107 entities in the medical professional insurance and reinsurance market:
18 U.S. Academic
Medical Center Systems
A significant no. of captives
& risk retention groups
- Represent approx. 1/3rd of the estimated total U.S. ceded MPL premium
- 85% of our clients have been with us six years or more; 60% over ten years
- Dedicated team of brokers and technicians with extensive market experience
Strategic Technical Expansion Model (STEM)
Severity Heat Map - Physicians, 2014 - 2016
JLT Re MPL index:* Medical professional liability market observations
*2016 results (185 entities, 90% or more of DPW reported is MPL)
FOR FURTHER INFORMATION, PLEASE CONTACT
Dan Koshiol | +1 612 444 7544 | email@example.com
Chip Ott | +1 612 444 7561 | firstname.lastname@example.org
Richard Jameson | +44 20 7886 5311 | email@example.com
Simon Mills | +44 20 7886 5315 | firstname.lastname@example.org