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  • Solutions

    Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities.
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    Capabilities

    • Strategic Advisory
      Our dedicated experts, cutting-edge tools and data insights lead your business to smarter solutions.
    • Reinsurance Broking
      We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals.
    • GC Securities
      Find the latest insights from Guy Carpenter and Marsh McLennan experts—on the issues impacting your risk, capital and strategic goals.

    Risks

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  • Insights

    Find the latest insights from Guy Carpenter and Marsh McLennan experts—on the issues impacting your risk, capital and strategic goals.
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    New + Notable.

    • GC Fo[RE]sight Podcast

      Narrowing the Protection Gap: Climate Change and the Public Sector

    • GC Capital Ideas Blog

      Global Risks Report 2023

    • Video

      Climate Change Perspectives

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Segments

WC State Funds

Whether you’re a competitive state fund seeking a rating from A.M. Best, a monopolistic fund converting to open competition, or a state fund looking to privatize, Guy Carpenter has the experience, tools and resources to help, wherever you are on your journey.

Your Distinct Goals, Our Bespoke Solutions

There is a natural evolution of a state fund, but not every company chooses the same path. Our team can assist with tailoring a solution for a wide range of goals along the way.

More on WC State Funds [PDF]

Contact Us

  • Josh Porter

    Managing Director, Workers Compensation State Fund Segment Leader

    Philadelphia, US

    Josh.Porter

  • Managing and Optimizing Legacy Reserves

    To move forward without liabilities that may have accumulated over previous decades, you are seeking solutions to manage your legacy reserves.

  • Growing Beyond Privatization

    To grow, you are considering expanding into other lines or jurisdictions.

  • Enhancing Your Client Experience

    To advance your business and improve interactions with your policyholders, injured workers and medical providers, you are looking to evolve through innovation in data, analytics and technology.

  • Achieving an A.M. Best Rating

    To compete with the private market for certain accounts, you are pursuing a rating from A.M. Best.

  • Modernizing Back Office Functions

    To improve your overall customer experience, you are exploring how to modernize your underwriting and claims handling approach.

  • GUY CARPENTER ANALYZES MORE ACCUMULATION DATA AND RUNS MORE WORKERS’ COMPENSATION CATASTROPHE MODELS THAN ANY OTHER INTERMEDIARY.
Map of United States with states highlighted in different shades of blue that reflect Reinsurance Brokerage Clients, Consulting Services Provided and Other AASCIP Members

Unparalleled State Fund Market Expertise

We work with more than half of the American Association of State Compensation Insurance Funds (AASCIF) companies in the US, placing more than $50M of workers’ compensation ceded premium for 13 AASCIF clients. We placed 43 layers of coverage: 10 working layers, 33 catastrophe layers and 2 structured programs. In addition, our team helped 3 of our AASCIF clients (AZ, OK, UT) convert from state entities to mutual insurance companies.

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Dedicated Workers’ Compensation Specialists

Work with a team that offers you intimate knowledge of market-leading conditions and reinsurer appetite, as well as significant trading relationships with key reinsurers. When you partner with Guy Carpenter, you'll enjoy best-in-class broking support and account servicing–contracts, accounting, claims, market security–complemented by dedicated workers’ compensation actuarial, catastrophe and terrorism modelers.

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Market-Leading Analytics and Advisory

We offer the largest peer analysis contract database, ensuring you get the broadest possible coverage available in the market. We analyze more accumulation data and run more workers’ compensation catastrophe models than any other intermediary—as well as what Risk Management Solutions (RMS) or AIR Worldwide (AIR) each run themselves.

Designed Around Your State Fund's Needs

  • Structured Solutions

    Our Global Risk Solutions group has designed and placed thousands of adverse development covers, loss portfolio transfers and other capital management instruments that can help you advance your initiatives with a cleaner balance sheet.
  • Ratings Agency Advisory

    Our Rating Agency Advisory team is at the forefront of helping companies manage their relationships with an understanding of all key rating agencies.
  • Custom Dashboards: GC Mosaic

    Our customizable dashboards through GC Mosaic® enable clients to perform a multi-faceted analysis of the market, distribution and macroeconomic factors that are critical to consider when developing and executing growth strategies.
  • InsurTech Expertise

    We help clients sort and organize thousands of InsurTech companies and identify those that are aligned with their goals for improving business performance.
  • Strategic Advisory

    Together with our sister company Oliver Wyman, our experienced professionals provide strategic advice—including predictive analytics—to help you manage your operations effectively.
    • Visit Oliver Wyman

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.
    • View all Segments
  • Risks

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

    Tailoring your solutions to effectively and efficiently match the right capital with your evolving risk profile.
    • View all Reinsurance Broking solutions
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