Header

Segments

Florida

Partner with Guy Carpenter for the technical expertise you need to navigate the Florida marketplace: from advisory services and business intelligence to best-in-class analytics and capital tools. Our team of specialists is dedicated to designing the most cost-effective, comprehensive reinsurance solutions, so you can improve your overall business performance in this peak catastrophe zone.

A Local Team Equipped With Global Insights

Guy Carpenter’s Florida segment consists of dedicated professionals across the US, Bermuda and London servicing all lines of business. While working across the firm, our office in Tampa is the hub of our Florida activities, offering a local presence that underscores our commitment to the region and allows us to deliver you the best service. In addition, our affiliation with Marsh McLennan, Oliver Wyman, Mercer and Marsh allows us to leverage insights to more effectively meet your needs.

Contact Us

Aerial photo of the city of Miami with ocean in the background

Meet the Challenges of the Florida Market

Whether you're a national writer or a Florida domestic carrier, Guy Carpenter's local team works across our firm to enhance your portfolio and assist you in implementing effective growth strategies.

Strong population growth places Florida as one of the top spots in the nation for premium volume. At the same time, Florida represents the largest peak catastrophe zone in the world. Meeting the market challenges of sustaining adequate rates to manage catastrophe and non-catastrophe losses can have a profound impact on your financial health and viability as an insurer.

  • Guy Carpenter was the first to establish a local Florida office with dedicated experts in broking, analytics, accounting, claims and contract wording. We have introduced innovations and first-of-its-kind products to Florida clients over the years.

How We Partner on Strategic Risk Management

  • Sustainable, Profitable and Diversified Growth

    Carriers need to stay relevant in an increasingly dynamic marketplace and can leverage Guy Carpenter’s resources to implement effective growth initiatives. These include making accurate cost projections and identifying new products, lines and geographies for portfolio diversification.

  • Enterprise Risk Management (ERM) Strategy

    In recent years, rating agencies and regulators have heightened their emphasis on the importance of ERM. To remain competitive and compliant, carriers must monitor and understand the volatility associated with all sources of risk. Those that embrace ERM have a better view as to their true return profile and thus can make better-informed decisions.

  • Utilization of Catastrophe and Capital Models

    In a highly competitive environment, with increased storm activity and rising reinsurance costs, carriers will be driven to more accurately price and underwrite non-catastrophe risk at more granular levels, particularly in regard to territory and policyholder attitudes. Carriers need greater insight into evolving catastrophe models to develop their own view of risk and incorporate that view into their underwriting process.

  • Innovative Advancements in Data Analytics and Technology

    As new sources of data, analytics and technology become available on a near-daily basis, the ability of carriers to leverage these new sources of information is increasingly critical to their long-term financial health. Carriers need to understand, evaluate and evolve with new insurance innovations.

Advanced Solutions for Complex Risks

Carriers and Managing General Agents (MGAs) alike increasingly rely on sophisticated analytics to evaluate the financial impact of their risk profile, appetite and tolerance. We utilize industry-leading data experts, tools and services to optimize your reinsurance solutions.

  • Predictive Analytics Team

    Helps you manage risk associated with the “attritional” loss struggles and claims litigation issues in the Florida homeowners marketplace. Our dedicated team works with you to build and deploy robust predictive models.

  • GC Mosaic

    Delivers customizable dashboards that enable you to perform multi-faceted analyses on market, distribution and macroeconomic factors that are critical to consider when developing and executing growth strategies.

  • GC Projector

    Provides multi-year financial projections, pro forma stress testing and BCAR evaluations through a deterministic capital model designed to support traditional capital management and financial planning.

  • GC MarketLab

    Integrates various crucial datasets and predictive models into a single graphically streamlined environment through a powerful web-based application, empowering you to quickly and intelligently make marketing, underwriting and primary pricing decisions.

  • GC Genesis

    Helps you sort and organize thousands of InsurTech companies to identify those that are aligned with your goals for improving business performance.

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.
Footer