Demotech Speaks to Select Managing General Agents
Columbus, Ohio, May 6, 2015: Joseph L. Petrelli, President and co-founder, Demotech, Inc., recently presented at the Aon Benfield MGA Practice Groups’ Program Solutions Roundtable. The intensive two day seminar was coordinated by Patrick J. Rastiello, Executive Managing Director, Aon Benfield.
Petrelli’s presentation, entitled ‘Managing Profitability by Mitigating Fronting Costs While Mastering Regulatory Reporting,’ focused on alternatives to fronting companies as well as the importance of a Chief Risk Officer function at each MGA.
Aon plc is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com to learn more.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech, Inc. has been serving the insurance industry by providing actuarial consulting as well as accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of an insurer. Our rating process provides an objective baseline as well as insight as to the financial stability of an insurer. Demotech levels the playing field by offering FSRs to insurers of all sizes.