Alan Gray Selected to Provide Run-Off Administration Services for ECRA and CMC Reinsurance Pools
Alan Gray, a leader in the field, specializes in customizable and comprehensive audit processes for Coverholders, MGAs, and TPAs. Our services cover financial compliance, claims handling, underwriting, and systems tailored to meet specific client needs.
Our team provides cost-effective auditing solutions with a strong track record across several industries, including liability, medical malpractice, and workers’ compensation. These solutions ensure value-added results, enhancing your business operations.
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Hired by a leading Excess & Surplus Lines carrier, Alan Gray executed a thorough audit of a Managing General Agent (MGA)/Coverholder, focusing on risk binding, Trust Account management, and premium remittance to ensure compliance with the Program Administrator Agreement.
The audit identified key weaknesses and recommended improving internal controls, bank reconciliation practices, and segregation of duties.
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Alan Gray has managed pre-binding renewal audits for a TPA serving large hospital malpractice program claims for several years.
We focus on effective claims handling, appropriate reserves, and early identification of major exposures, significantly contributing to the program’s profitable management.
A National Carrier selected Alan Gray to conduct a multi-scope MGA & TPA compliance audit, including Underwriting, Financial, and Claim reviews.
The audit unraveled multiple issues, such as duplicate claim files and deficient reserve actions, prompting immediate remediation actions by the Claim TPA.
Alan Gray was established in 1988 as a claims and audit advisory firm, and over the years has built a reputation as a cost-effective, reliable, and trusted resource to those involved in the management of risk.
