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RISK MANAGEMENT PARTNERS
The RMP alliance was established in 1995, delivering to the public sector in the UK both a customer driven concept in risk management and insurance solutions and much needed new capacity. The overall objective was to help clients to reduce cost of risk in the long term. |
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Today, the RMP alliance continues to enable its clients to achieve synergies (in the form of innovative and flexible insurance and risk management solutions) from the differing and yet entirely complementary interests of its alliance members.
- Customised insurance programmes capable of incorporating cross class catastrophe cover and large deductibles/ self insured retentions (SIR’s), optionally protected by an aggregate stop loss.
- Integrated claim management, information management and loss control programmes focussing on issues capable of producing major cost savings in the long term.
RMP are a specialist intermediary, authorised and regulated by the Financial Services Authority. Our aim is to develop long term relationships with clients and their advisors in order to provide continuity of service.
RMP is ultimately owned by Arthur J Gallagher & Co (AJG Co), one of the foremost names in risk management and insurance broking in the world.
As regards the actual roles of the RMP alliance members:
- RMP are responsible for arranging and ensuring the satisfactory delivery to the public sector (including ongoing maintenance) of the specialist insurance, risk management and claims services of the alliance members.
- The main insurance coverages are provided by AIG (RMP’s chosen underwriter). RMP are AIG’s primary agent in this sector, their appointment being exclusive in respect of the provision of Primary Casualty, Financial Lines, Motor and Property insurance and ancillary services to the Local Authority sector in England, Scotland and Wales, including Police and Fire Authorities.
- Claims management, information management and risk control services are also provided on an “exclusive” basis by Gallagher Bassett.
- Arthur J Gallagher (UK) Ltd offer “optional” excess layer coverages in respect of Casualty and Motor programmes beyond the capacity provided by AIG.
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