Managing General Underwriter

Information concerning how our work-products might be of interest to a Managing General Underwriter is given below.

Interest in Work-Products

The  MGU might have either a general or a specific interest in Work-Products.

General Interest

By being an Eligible User of Work-Products, the MGU will, in effect, have its own staff actuary and be able to offer the same full range of services that are offered by some of the larger competitor MGUs. Being shut out of a bidding opportunity should not be common. There are, however, several additional and significant advantages in using Work-Products: (a) the MGU has no actuary salary or upkeep expenses and (b) there are no potential E & O liability issues associated with Work-Products. Also, the Eligible User will have ready access to the full reservoir or data, experience and knowledge of Actuarial Work-Products, Inc. The Actuary is engaged by the MGU (Eligible User) and has no relationship with the End User (plan sponsor, e.g.); as such, the MGU has the fee-payment responsibility. The MGU that offers only claims and record-keeping services will, most likely, have little interest in Work-Products; others with broader services will, mot likely, have a keen interest therein.

Specific Interest

The MGU typically will have an active interest in some but not all of Work-Products either as an active (or Eligible) User or as an intermediary with its client. The role that is assumed by the MGU will vary with each Work-Product: (a) where the Work-Product is mandated (claim reserves, Annual Actuarial Report, Government Entity Certification, Medicare Part D Creditable Coverage Certification, e.g.) the interest of the MGU will most likely be very limitedbut (b) where  the Work-Product is a decision-making model (all of the Monte Carlo Simulations, Medicare Part D Feasibility Analysis, HRA/HSA modeling studies, e.g.),  the interest of the MGU will be high.


The Managing General Underwriter (MGU) might be a member of any of the following risk-related professional or trade associations:

          American Association of Managing General Agents         
          Managed Care On-Line (MCOL)         
          Self-Insurance Institute of America 
          International Foundation of Employee Benefits
          AIS Managed Care
          America’s Health Insurance Plans
          National Association of Health Underwriters
          National Council of Self-Insurance.


Other than Association-sponsored Journals, the MGU might subscribe to these Journals:

          Risk Management Association Journal
          Insurance Journal.


Periodicals that accept advertising that might be subscribed to by the MGU might include the following:         

          Risk and Insurance
          Business Insurance
          National Underwriter
          Enterprise Risk Manager
          Risk Management
          Best Review(s)
          Rough Notes
          Insurance Times.