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Informational Document Look inside to learn about our various member companies.

The Wright Insurance Group is more than an insurance company. The Wright Insurance Group is a specialty insurance holding company in operation for over 30 years, previously as Wright Risk Management, WRM and WRM America. We are insurance professionals devoted to finding solutions for businesses, municipalities, education systems and individuals. A leader in the industry, The Wright Insurance Group's associated companies have been rated A- (Excellent) or better by A.M. Best.

Our accomplishments include a variety of innovative insurance solutions for the specific needs of certain groups. These include insurance reciprocals and risk purchasing groups. In any form, all of our solutions have two common features – specialization and attention to service. We helped to create insurance reciprocals that enable schools to work together to purchase insurance at more economical rates. We formed risk purchasing groups so that food companies and real estate owners could reduce their insurance premiums and broaden their coverage. We are the largest provider of flood insurance, backed by the NFIP and protecting America's communities from unexpected disaster.

Our team is there to help you find the right coverage solutions, but most importantly we are there when you need to use them. We think that's the measure of the right relationship.

Wright Specialty Insurance Wright Specialty Insurance is a member of The Wright Insurance Group which has been providing underwriting, claims, risk management and litigation management services to the education sector for more than 25 years.

Wright Specialty Insurance has exciting growth plans. Our Wright Education offering has earned a solid reputation in the insurance market. We are planning to add new specialized offerings for select industry segments in the near future. Watch this space!

Wright Education is our comprehensive suite of property and casualty insurance coverages and services for K-12 private independent schools, public schools (outside of New York State) and accredited colleges and universities. We are currently licensed to offer Wright Education insurance in 27 states.

Wright Specialty delivers insurance coverages and services more efficiently to help schools, colleges and universities manage risk more effectively. Our success is proven: Wright has successfully managed the New York Schools Insurance Reciprocal for more than two decades.

Wright Specialty’s experienced underwriting team is highly skilled at analyzing risks specific to educational institutions. Underwriters are assigned to each insured risk on an ongoing basis so they can quickly recognize adverse loss trends and communicate those concerns to our loss control and claims departments for actions that could help reduce future exposures. These well-established lines of communications combined with our highly valued broker/agent relationships bring greater context, consistency and accuracy to our underwriting process.

Our underwriting team also responds to evolving risk issues such as mold, terrorism and school violence by helping our claims department adapt claims handling procedures, revising policy wording and coverage forms, and determining new ways of evaluating these risks.

At Wright, insurance is more than a policy. It's a complete program designed to manage your risks. Because of our specialized expertise, we simplify every phase of the insurance experience from underwriting to loss prevention to claims management. This enables schools to concentrate on what they do best – educate America’s students!

Wright Flood

Insuring a home, business or property from a catastrophic flood loss can be confusing. At Wright Flood our sole focus is federal flood insurance and excess flood insurance. We are committed to helping property owners and their agents assess their flood risk, and properly insure it through the National Flood Insurance Program (NFIP).

At Wright Flood our roots in federal flood insurance date to the very beginning of the flood program, and grew stronger as we acquired flood policies to become the largest provider in the marketplace. Our network of over 17,000 independent agents has assisted flood insurance policyholders to recover through more than 40 years of hurricanes, nor’easters, spring thaw flooding, levee failures and even some unexpected downpours. Benefit from our decades of flood expertise, our strong relationship with the NFIP and the confidence of our agents who trust your policy to us.

When you purchase flood insurance from Wright Flood you get a policy backed by FEMA. We are A.M. Best rated as A- (Excellent) for our financial strength. And we’ll be servicing your policy even as others in the market place come and go. Wright does not outsource flood policies. We confirm your policy underwriting to ensure any future claim can be settled as quickly as possible by our claims management. We employ almost 300 NFIP flood trained associates in St. Petersburg, Florida.

Wright Flood enjoys a strong reputation for excellence with FEMA and participates on industry councils and advisory boards in Washington, D.C. to strengthen the flood program that serves 5.6 million flood policyholders. We proudly lead the flood insurance industry today, but more importantly we are proud to provide you with the service and reliability you deserve.

Wright Risk Consulting

Providing objective risk and insurance consulting for over 30 years, Wright Risk Consulting is a hands-on partner. We are part-time, outsourced risk managers for our clients, many of whom have been using our services for decades. We provide expert, strategic advice on risk and insurance issues, but unlike more academic consultants, we “do the doing.” We administer your risk and insurance programs, we negotiate contracts with your brokers, direct insurers, third party claims administrators and other service providers, and hold them accountable to you. We keep you advised of state-of-the-art insurance policy language and the latest risk management techniques to make sure your program delivers the value you need. Because we execute as well as advise, our recommendations are concrete and realistic.

We believe the best way to manage unnecessary risk is to avoid it altogether. At Wright Risk Consulting, we work with you to reduce your exposure to risk and reduce your premium in the process. Sooner or later, every business is bound to encounter some form of exposure. It could be a natural disaster, such as a fire, flood, hurricane or earthquake; it could be human-related, such as a slip and fall, theft or vandalism; or it could be intrinsic to your business and operations such as product liability or cyber and privacy issues. Regardless of the source, such adversity can be an unwelcome surprise and threaten the very survival of your company. With Wright, you’ll have the peace of mind knowing that such sources of risk are identified and addressed intelligently.

The Risk Assessment Process

Would you like to learn whether Wright Risk Consulting can improve your existing insurance and risk management program and reduce expenses? Contact us for a Risk Assessment Process (RAP) summary. There is no charge for this initial consultation and we will propose a fee only if we conclude that our services would be a cost-effective tool for your organization.

Wright Program Management is a leader in the creation and management of federal Risk Purchasing Groups (RPGs).

Wright Program Management became part of The Wright Insurance Group in 2010. We believe in the value and competitive advantage of specialization. We specialize in the food industry. The programs we have created are tailored to the specific needs and risks of food retailers, wholesalers, distributors and processors. If you are in the food industry or if you are a broker or agent who services this sector, you’ll want to know more about us.

Through its management of the Food Services RPG, Wright presents unparalleled savings and coverage on behalf of retail food establishments and food wholesalers, processors and distributors.

Wright Program Management's knowledge of the food industry results in insurance programs that are crafted to meet the specific needs of its members. Our track record is unsurpassed. Starting with only 20 members in the early 1990’s, Food Services RPG now boasts more than 350 members nationwide.

Retail Food Division

Wright Program Management’s Retail Food Division delivers Property & Casualty insurance programs to food merchants ranging from national supermarket chains and co-ops, and regional grocery stores with multiple locations, to independent, single location "Mom & Pop" retailers. Food Services RPG currently has more than 500 stores among its 200+ retail food members.

Wholesale Food Division

Wright Program Management's Wholesale Food Division represents food wholesalers, distributors, processors, and companies that service the food retailer. Over more than 15 years Wright Program Management has represented hundreds of members - affording them the buying power to reduce premiums while increasing coverage.

Restaurant Division

Wright Program Management's Restaurant Division delivers highly competitive Umbrella Liability insurance to single location and chain restaurants throughout the US.

An Integrated Approach to the Food Industry

Wright Program Management, like its sister companies in the Wright Insurance Group, delivers a specialized, integrated suite of insurance coverages and services to the food industry. Our programs are created with A rated, brand-name insurers. There are no capital requirements. It is as simple as purchasing traditional insurance, with the benefits that come from group purchasing power – lower cost and better coverage.

Wright Program Management offers the following lines of Property & Casualty insurance. (See our coverages section for more detail.) Coverages are available both singly and as packages for a discount. In all cases, every insured has dedicated limits of insurance; there is no risk sharing!!

• General Liability

• Automobile

• Umbrella Liability

• Property & Business Interruption

• Boiler & Machinery / Equipment Breakdown

• Crime

• Workers Compensation

• Product Recall

• Employment Practices Liability

Wright Program Management offers loss prevention and claims management to assist our members to reduce the frequency of losses and to reduce the severity of those losses that do occur.

Wright Risk Management I. Wright Risk Management

Wright Risk Management Company, LLC is the program management subsidiary of the Wright Insurance Group. We serve as the management company for several alternative risk-financing vehicles, including the New York Schools Insurance Reciprocal (NYSIR); the New York Municipal Insurance Reciprocal (NYMIR); the New York State Municipal Workers’ Compensation Alliance and the New York State Schools Workers’ Compensation Trust. As a program manager, Wright provides marketing, underwriting, policyholder services, claims and risk management, statutory accounting services and IT support.

Through innovation and creativity, Wright addresses the ever-changing risk needs of its clients. We engage attorneys, nurses, safety engineers, IT specialists, law enforcement professionals, sports and athletic risk managers, investigators, contractors and restoration experts to provide insight into issues facing organizations today.

We have built our reputation by successfully managing reciprocals, pools and insurance companies that have achieved and maintained A.M. Best ratings of “Excellent.”

II. New York Schools Insurance Reciprocal (NYSIR)

Wright Risk Management is proud of its role in the creation and continued management of the New York Schools Insurance Reciprocal (NYSIR). When New York’s public schools faced an insurance crisis in the 1980s, Wright worked with state government on legislation enabling the formation of a reciprocal insurer. With over 340 owner-subscribers, NYSIR is an A.M. Best “A” (Excellent) rated insurer and a model for reciprocal insurance programs throughout the nation. The reciprocal, wholly owned by its subscribers, provides extensive property and liability coverage for member school districts. Policies underwritten include property, inland marine, boiler and machinery, general liability, school leaders’ errors and omissions and excess catastrophic lines of business. NYSIR has posted a five-year combined ratio below 100%.

Wright is responsible for underwriting, statutory accounting, reporting and regulatory compliance administration, claims management, policyholder services, and safety and loss control engineering services. With NYSIR, school administrators have seen their coverage broaden and premiums stabilize, while benefiting from a school-focused risk management program and claims philosophy.

III. New York Municipal Insurance Reciprocal (NYMIR)

NYMIR was created in 1993 by Wright Risk Management in conjunction with municipal officials throughout New York State. Formed to address the unique exposures and risk financing needs of local municipalities, NYMIR is a stable, cost-effective insurance program for New York State’s local governments. NYMIR offers property and casualty insurance coverages, including law enforcement and public officials’ liability. The reciprocal is rated “A” by A.M. Best.

As program manager, Wright Risk Management provides underwriting, claims and risk management, accounting, marketing and regulatory compliance services for NYMIR. Today, NYMIR has approximately over 620 member municipalities throughout New York State, and has posted a five-year average combined ratio below 100%.

IV. New York State Municipal Workers’ Compensation Alliance (Workers’ Comp Alliance)

Wright established the Workers’ Comp Alliance in 1994 on behalf of local municipalities who were searching for an alternative to traditional insurance. It is a non-profit, tax-exempt workers’ compensation plan established solely for the benefit of municipalities and public school districts.

As plan Manager, Wright provides claims services, case management, quality control and cost containment, loss control and safety services, and overall program management for its 214 members.

V. New York State Insurance Fund Workers Compensation Safety Group #584

In 2011, Wright formed NYSIF Workers Compensation Safety Group #584 which is open to NY employers in the retail food business. NYSIF safety groups offer employers committed to safety and loss control for their workplace a fully insured, low cost Workers Compensation alternative to private insurance carrier plans and self insurance. Safety Group #584 offers a 25% upfront premium discount for eligible members and the possibility of significant premium dividends at the end of each policy period.

VI. The NYBEST Agency

The NYBEST Agency became an insurance brokerage licensed by the New York State Insurance Department in 2002. Through this agency, school districts have the ability to access and purchase insurance services and products, on either a group or individual basis, that include: Life Insurance, Long Term Disability and Health Insurance. Additionally, districts can obtain Student Accident Insurance and financial services related to the administration of 403(b) Plan and Section 125 Flexible Spending Plans.

The NYBEST Agency operates on a not-for-profit basis and is wholly-owned by its participating member school districts. The agency also serves as an employee benefits consulting and resource center and sponsors education seminars.