GEM Benefits: Member Owned, Financial Stability, Profit Sharing, Follow Form Coverage & Claims Pen

Top Five Benefits

Member Owned - Our members are all in this together! In addition to peer resources, members have increased control of the company's operations, management, and philosophy.
Financial Stability - GEM, as a member owned reinsurer, is flexible. Our flexibility allows greater stability in pricing and coverage terms.
Profit Sharing - Founding and Premiere members benefit from the accrual of net income in their policy and surplus contribution accounts after investment income and expense allocations.
Follow Form Coverage - GEM's follow form coverage is based upon each individual member pool's Memorandum of Coverage (with certain limited exclusions).
Claims Pen - Our members have more control over claim settlements than what other reinsurance providers offer.

Additional Benefits

	GEM's qualified staff has specific knowledge of public entity needs and underwriting standards as well as specialized claims and loss prevention expertise.

	Increased access and more leverage in the reinsurance marketplace.

	Favorable federal tax treatment like public entities and public entity pools enjoy.