Discover Re Managers, Inc. · Farmington, CT United States
Company Description
Phone: 860-674-2660
Fax: 860-674-2671
Toll Free: 800-878-2660
View Discover Re Managers, Inc. Locations On A US Map
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This link will open in a new window Discover Re is turning insurance into ART. The company, a subsidiary of The Travelers Companies , specializes in underwriting alternative risk transfer (ART) of commercial property/casualty insurance. ART is a way to manage risk without a traditional insurance policy; instead, policyholders agree to share risks (or pay part of the losses) in exchange for stable and potentially lower premiums. Discover Re provides its insurance and reinsurance products, including commercial property/casualty, umbrella liability, and workers' compensation coverage, through retail brokerages, as well as to self-insured individuals. To read the full description, subscribe now.
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Key Discover Re Managers, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 518 |
Discover Re Managers, Inc. Executives
11 executives listed for Discover Re Managers, Inc.'s Farmington, CT location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Arthur Wright | Network |
| CFO | Mark Lacedonia | Network |
| Patricia Shea | Network |
Competition
Competitive Landscape for Discover Re Managers, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Discover Re Managers, Inc. Competitors
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