An essential element in the reinsurer-carrier-MGU relationship is to ensure that the MGU carries out the responsibilities with which it has been charged. Additionally, an MGU desiring to establish relationships with various reinsurers desires to provide evidence of its underwriting capabilities.

APEX performs MGU due diligence in order to assist its reinsurer and MGU clients to reach those goals. We determine whether a particular organization uses sound underwriting judgment, follows established underwriting guidelines, processes premium and claims appropriately, and implements reasonable actuarial techniques in pricing and reserving.