Guy Carpenter & Co., a risk and reinsurance company and member of Marsh & McLennan, has launched its Mutual Company Specialty Practice, which has been built to focus on the needs of mutual insurance companies. According to Guy Carpenter, the practice will consist of a team dedicated to helping mutual company clients protect their capital and grow profitably.
Guy Carpenter says the practice offers clients sources of stable capital, including Guy’s Umbrella and Property Facultative facilities. It also offers Guy’s Regional Accounts Program, which is designed to allow small to medium-sized ceding insurers to purchase reinsurance at competitive terms, conditions and prices.
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