Public Entity

Guy Carpenter’s deep experience, unmatched data insights and longtime relationships uniquely position us to help intergovernmental risk pools find innovative risk solutions.

Solutions Tailored to Your Public Entity

Guy Carpenter's Public Entity team works with you to identify, quantify and help predict the magnitude of risk that different parties take, whether they are the pool, your members, or reinsurers.

Local government revenue in the US was USD 1.8 trillion in 2018, or 9% of total US GDP, and represents a significant portion of our society’s risks. The majority of these local governments, including cities, municipalities, towns, schools and special districts are members of intergovernmental risk-sharing pools.

Contact Us

  • Mike Waterman

    Managing Director, Public Entity Segment Leader

    Chicago, US

Upward view of glass buildings

Your Goals Drive Our Business

No matter your public entity's goals, we can tailor a solution to meet your specific needs

  1. Expertise supported by advanced analytics: You are looking to take your pool to the next level and have a trusted partner on call.
  2. Managing cost and optimizing coverage: You are looking to support lower reinsurance pricing for your current business with actuarial insights and data.
  3. Providing broader coverage: You are seeking increased confidence in risk transfer decisions and improved reinsurance terms.
  4. Understanding your risk portfolio now and in the future: You want a strategic view and analysis of your pool today and tomorrow.

How We Add Value at Every Turn

Guy Carpenter offers a dedicated Public Entity practice group, with 40 pool clients who cede more than USD 150 million annually.

Our relationships go back 20+ years with public entity underwriters.

Additionally, we have relationships across traditional market divides (insurance/reinsurance/London) and with primary units of our reinsurance partners, both domestic and international.

Accessing All Markets That Write Your Reinsurance

We make sure that your coverage is written to your greatest advantage. We do so by working with insurers to issue coverage as reinsurance using our wording, with both insurers and reinsurers writing your coverage.

Go To Market With Actuarial Pricing of the Reinsurance (Both Property and Liability)

Guy Carpenter's data is unmatched, and dedicated actuaries develop your reinsurance pricing/assumptions.

Reinsurance Contract Services

We will draft the reinsurance agreement to be accepted by underwriters to ensure the best coverage. You control the agreement wording.

Policy Service: Addressing Your Member Coverage Needs

Working with our Public Entity team means you'll gain benefits from deep insurance expertise, fast service (usually 24-hour turnaround) and access to virtually every primary insurer coast to coast. We use specialty MGAs and MGUs where required or preferred.

Automated Underwriting and Administration Platform

Enjoy streamlined data aggregation, secure document housing and quick, timely delivery through our platform.

Member Coverage Training and Education

Access the latest thought leadership on public entity issues through our webinars, white papers, Q&A, carrier interface and more. We also hold a bi-annual Public Entity Forum for our clients to help you stay up to date.

Leveraging the Guy Carpenter Network

When you partner with us, you benefit from the full spectrum of Guy Carpenter resources, tools and capabilities.

Powering Your Business With Insights

  • Segments

    Offering you specialized expertise that focuses market knowledge, product innovation and analytics on your unique challenges—to provide you with an enduring competitive advantage.
  • Risks

    Bringing together an unparalleled depth and breadth of capabilities and experience to turn your risks into profit and sustained growth.
  • Reinsurance Broking

    Tailoring your solutions to effectively and efficiently match the right capital with your evolving risk profile.