PMA Companies Business Overview

PMA-business-overview-page-image_v2

PMA Companies is a trusted leader and recognized expert in providing solutions for workers’ compensation, commercial auto, and general liability exposures for large employers in a variety of industries. We value collaborative, long-term partnerships and know the importance of reliability in our underwriting strategy and staff. In addition to insurance coverage, PMA Companies provides tailored third-party claims administration and risk services through our wholly owned subsidiary, PMA Management Corp (PMAMC) / PMA Management Corp. of New England. 

Key Industries

  • Healthcare
  • Manufacturing
  • Wholesale/Retail
  • Higher Education

Stability & Financial Strength

  • Over 100 years of experience
  • Rated A+ (Superior) XV by AM Best 
  • Part of Old Republic International (NYSE: ORI), a Fortune 500 company 

Specialization & Expertise

Risk Management Services

  • Flexible, sustainable casualty programs for clients who want to share risk
  • Customized solutions include retention of portion of the risk via deductibles, self-insured retention, retrospective programs
  • Integrated program designs blend underwriting/financial solutions with data-driven claims and risk management services
  • Casualty Business (workers’ compensation, commercial auto, general liability)
  • Various collateral options including letters of credit, custodial trusts, and cash

Specialty Markets

  • Group and Single Client Captives with a minimum premium of $1.5M
  • Retention from $350,000 to $1M
  • Group Captive, Rent-A-Captive, or Single-Parent Captive
  • Group Purchasing Programs: Annual premium minimum of at least $1.5M

Commercial Markets

  • Annual policy premiums up to $1M
  • Multiline capabilities (WC, Auto, GL, Property)
  • Product offerings: Guaranteed Cost, Incurred Loss Retros, and Deductible Programs
  • Flexible, tailored solutions to address your clients’ unique business needs

Third-Party Administration

  • Self-insured, unbundled insurance, captive or program clients
  • Unique 3-step integrated model that incorporates pre-loss, loss reduction, and post-loss strategies
  • Serves most industries, including healthcare, higher education, and public entity

Integrated Service Model

Our teams view each risk as unique. We continually assess our clients’ loss performance, which directly impacts TCOR, to provide the highest level of analytics, service, and account management. The results:

  • Reduction of frequency and improved positive claims outcomes
  • Frequent and targeted engagement and communication with distribution partners and clients
  • Leverage RMIS and stewardship process to keep all parties informed

Download PMA Companies Business Overview