Click here to download the Introduction to Montlake Excess Workers' Compensation as a pdf file.

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ontlake provides excess insurance and management services for authorized workers' compensation self-insurers; both individual self-insurers and group self-insurance plans.

Montlake enjoys outstanding long term trading relationships with a number of very large and financially secure reinsurance companies providing both specfic and aggregate excess coverages.

Our market focus is high severity classes of business including oil & gas, stevedoring, marine construction, heavy metal fabrication, and transportation risks.

We can provide specific excess limits to $20 million per occurrence attaching as low as $500,000. The specific and aggregate excess coverage may be swing-rated at lower attachment points to provide maximum leverage in your client's cost of insurance. Limited coverage for terrorism is included.

Unique Strategic Partnership

Montlake has a unique service relationship with the London Workers' Compensation Consortium, a specialized Lloyds underwriting facility supported by Aspen Re and seven of the largest and most respected syndicates in Lloyds of London. The principals of Montlake have a demonstrated track record of success in managing high severity workers' compensation risks for the London market that spans more than twenty five years. In its strategic partnership with the London Workers' Compensation Consortium, Montlake provides expertise in underwriting and managing workers' compensation excess insurance for companies engaged in high hazard business operations.

Montlake's Qualifications

The principals and key professional staff of Montlake have extensive insurance industry senior management experience that includes:

1. Insurance Companies - including the top management of Eagle Insurance Group, a very successful workers' compensation specialty company, from its formation in 1985 until the company was sold in 1998.
2. Program Management - building one of the largest and most successful workers' compensation MGU programs in the country in partnership with ACE USA.
3. Captives - formation and management of single-parent captive insurance companies domiciled in Bermuda.
4. Self-Insurance & Group Self-Insurance - creation and management of two of the most successful group self-insurance funds in the nation, the Texas Alliance Insurance Trust and the Louisiana Oilfield Contractors Insurance Fund.

Market Niche

The Montlake Excess Workers' Compensation Program provides coverage for individually authorized self-insurers, group self-insurance funds, and captives. The Montlake Program is specifically designed for risks in high severity workers' compensation classifications, including all federal jurisdictions.

Flexible Coverage and Pricing Solutions

The Montlake Program offers flexible coverage and rating applications for both specific and aggregate excess coverage. Specific excess attachment points as low as $500,000 per occurrence are available. Competitive rating applications are utilized to achieve the lowest possible net cost of excess insurance, including swing-rated treatments for both specific and aggregate excess insurance.

Expert Professional Service

Montlake provides a full spectrum of underwriting and management services on either a turnkey basis or as a menu of unbundled services, including:

1. Self-insurance consulting including feasibility studies and the formation and authorization of captives or self insurance programs
2. Underwriting and program administration
3. Finance and accounting
4. Regulatory reporting
5. Automated underwriting, claims, and general ledger systems
6. Surplus lines agency services through Montlake's affiliate, Penhurst Insurance Services
7. Specific & aggregate excess insurance or reinsurance

Unparalleled Financial Security

The London Workers' Compensation Consortium offers the highest level of financial security to corporate clients. Excess policies are issued on a subscription basis and the syndicate lines offer the additional financial protection of the Lloyds Central Fund. Click here to download, as a pdf file, summary rating and financial information for each of the underwriters participating in the Consortium.