Third-Party Administration

Gibson & Associates specializes in claims administration for the Excess and Surplus marketplace. We have significant relationships within the London marketplace. We currently administer a number of facilities programs both on-going and in run-off. These programs range from single and multi-state binding authorities, to nationwide programs. We work closely with all layers of the market to ensure everyone, from the Underwriter through the MGA or Coverholder is kept aware of significant cases and potential trends.

We understand that as third-party administrator, we are ultimately accountable for our clients’ money. As part of our third-party administration service, we provide monthly financial accounting and bordereaux to our third-party administration clients. We have invested in an advanced claims-management system which, in addition to its claims management and financial accounting services, allows our clients real-time access to view claim status and history, and obtain up-to-the-minute reserved and incurred information.

To service these accounts, we have a reliable network of independent adjusters to assist us in fully evaluating claims. Additionally, we have an experienced panel of defense counsel ready to assist in coverage and defense litigation.

We take pride in objectively and accurately evaluating and reserving claims. Our goal is to ensure a prompt and fair resolution to all claims. When amicable resolution is not an option, we are experienced litigation-managers. We work closely with counsel to minimize legal fees while ensuring fair representation of the insured or the client. We are unafraid to think outside the box when negotiating resolutions to disputes, and employ unique strategies to obtain desirable results for our clients.