Homepage2021-07-27T19:07:44-04:00

SOLUTIONS

Underwriting Management Experts (UME) is a full-service Managing General Underwriter of employer stop-loss coverage.

UME provides a multitude of flexible, innovative products and solutions, crucial to creating success in an ever-evolving marketplace. Our product offerings include: traditional employer Stop-Loss, Maximum Advantage, Student Medical, MEC offerings, RBP options, and Life products, as well as Captive ownership, cell rental, reinsurance, underwriting and backroom support services for carriers and partners.

WHO WE ARE

UME is known for its excellent customer service and responsiveness. We are flexible and accommodating, and our main goal is to meet the needs of our partners.

Anne Marie Chapman

Managing Principal

Hello! My name is Anne Marie Chapman. I am the Managing Principal of Underwriting Management Experts. I have been working in the insurance industry since 1990, developing products and services that will best meet the needs of a rapidly changing marketplace. Through my years of experience, I have gained an extensive knowledge of stop-loss, captives, and all things related to self-funded plans. I have met many wonderful partners that I can now call my friends. I am thrilled to lead such a talented team and look forward to UME’s continued growth and success. Please do not hesitate to call or email me directly with any questions or concerns you may have.

MEET THE TEAM

TESTIMONIALS

UME is one of the preeminent organizations WellNet has had the pleasure to work with. They have been instrumental in assisting WellNet grow its block of business and foster our broker relationships. UME differentiates themselves in the industry by thinking outside the box and getting it done when others don’t have a solution…

Jason Kovar, Executive Vice President - Head of Health Plans – WellNet

I have been working with MGUs and reinsurers for over twenty years and quite simply, some are better to work with than others.  UME is a new MGU but I have worked closely with the people involved for that same twenty year period and I would highly recommend that you give UME the opportunity to quote your business.  They are very professional, knowledgeable and easy to work with.

Dan Riston, MCA Administrators

The staff at UME has provided a seamless transition from our previous MGU.   Transmitting information for group setup, claim filings, and other notifications is now a very simplistic process saving our company time and money.  UME’s reimbursement auditing and funding procedures have increased our client retention by efficiently turning around claims in a timely manner.  The staff is always very friendly, helpful, and informative.

Mike Kahoe, GMS

We have been fortunate enough to have worked with Anne Marie and her team for over twenty years. While there are a number of reasons why we value our relationship, what we like most is that they treat us like a partner working together to support our clients and brokers. They offer a high level of professionalism and innovate solutions, especially when unique situations arise. Claim payments are paid in a timely manner, and the overall responsiveness to our phone calls, emails, and questions are a priority. If you’re looking for a MGU who is willing to treat you like a partner and provide a high level of service, UME will be the perfect fit.

Linie Humpal, The Benefit Group, Inc.

UME is one of the preeminent organizations WellNet has had the pleasure to work with. They have been instrumental in assisting WellNet grow its block of business and foster our broker relationships. UME differentiates themselves in the industry by thinking outside the box and getting it done when others don’t have a solution…

Jason Kovar

Executive Vice President – Head of Health Plans – WellNet


I have been working with MGUs and reinsurers for over twenty years and quite simply, some are better to work with than others.  UME is a new MGU but I have worked closely with the people involved for that same twenty year period and I would highly recommend that you give UME the opportunity to quote your business.  They are very professional, knowledgeable and easy to work with.

Dan Riston

MCA Administrators


The staff at UME has provided a seamless transition from our previous MGU.   Transmitting information for group setup, claim filings, and other notifications is now a very simplistic process saving our company time and money.  UME’s reimbursement auditing and funding procedures have increased our client retention by efficiently turning around claims in a timely manner.  The staff is always very friendly, helpful, and informative.

Mike Kahoe

GMS


We have been fortunate enough to have worked with Anne Marie and her team for over twenty years. While there are a number of reasons why we value our relationship, what we like most is that they treat us like a partner working together to support our clients and brokers. They offer a high level of professionalism and innovate solutions, especially when unique situations arise. Claim payments are paid in a timely manner, and the overall responsiveness to our phone calls, emails, and questions are a priority. If you’re looking for a MGU who is willing to treat you like a partner and provide a high level of service, UME will be the perfect fit.

Linie Humpal

The Benefit Group, Inc.

CONTACT US

900 Forty Foot Road

Lansdale, PA 19446

Telephone: +1 (855) 315-5088

Local Telephone: +1 (267) 519-1900

Fax: +1 (267) 263-2065

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    Top Rising Costs for Older Americans

    August 4, 2021|

    In the early 1990s, the average retirement age for Americans was 57 years old. A 2019 study showed that more than 20% of Americans over the age of 65 were working or looking for work. Americans are now looking to retire later in life for several different reasons, the most common being better health allowing them to work longer, and insufficient finances to support their retirement. 

    Every year, the U.S. government studies the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W, to determine a balance for annual social security cost-of-living adjustments, or COLAs. Since 2000, COLA has increased Social Security benefits by a total of 55%. 

    Economic health also has a huge impact on the determination of the COLAs percentage, and while benefits rise with inflation, the benefits are unfortunately not keeping up with the actual care and spending needed by older Americans. 

    The Senior Citizens League, or TSCL, estimates possibly the biggest COLA spike since 2009. For the year 2022, they are looking at a 4.7% COLA jump. Through the Social Security Loss of Buying Power Study, TSCL calculated that inflation has had damaging effects on older adults’ buying power, and “social security benefits have lost 30% of buying power since 2000.” The study also found that senior expenses have increased by 101.7% through March 2021, more than doubling the increased social security benefits that have grown since 2000. These statistics speak volumes as to why Americans are now finding it more difficult to retire earlier and continue to work over the age of 65. 

    Aside from homeowners insurance and gasoline prices going up, older adults are also seeing their healthcare prices increase. The top 3 concerning price increases here are:

    • Prescription drug out of pocket costs per year
      • January 2000 average cost was $1,102. March 2021 average cost was $4,096.93, resulting in a 272% increase
    • Medicare Part B premiums (per month)
      • January 2000 average cost was $45.50. March 2021 average cost was $148.50, resulting in a 226% increase
    • Total medical out of pocket costs per year
      • January 2000 average cost was $6,140. March 2021 average cost was $14,846, resulting in a 142% increase 

    For this reason, employers with a diverse workforce may want to consider looking into their stop loss options to have a better handle on their expenses.

    OTHER NEWS

    SOLUTIONS

    Underwriting Management Experts (UME), is a full service MGU.

    We provide flexible, innovative stop-loss, captives and life products that meet the unique needs of our partners. UME offers professional expertise, personalized service and creative solutions to an ever-changing marketplace.  UME is a managing general underwriter of employer stop-loss coverage. We provide a full range of services including underwriting, policy binding, contract issuance, premium collection and claims payment. We also offer captive solutions and student medical.

      CLAIMS

    UME’s claims department is equipped to handle your claims in a timely manner.
    Our staff has experience covering all lines of health insurance including Medical, Dental, STD and LTD. We are devoted to creating and maintaining a solid working relationship with our partners.
    Our focus at UME is to maintain our outstanding performance in serving our clients.
    Our underwriting team’s high level of expertise is attributable to 50+ years of experience. We continue to develop products and solutions to fit the changing needs of our clients. We currently offer traditional stop-loss, aggregate only, captives, student medical and a maximum advantage plan.
    We take our partnerships very seriously, so there are a few things you need to know about appointment and licensing with UME.
    All brokers and Third Party Administrators are required to be appointed by our carrier(s) for the states in which the groups are located. This includes all entities or individuals who receive commissions or sell/assist with any contracts underwritten by UME.
    In addition to our other insurance products, UME offers captives, a unique and innovative insurance solution.
    They are a great option for many, so we encourage you to contact us about them today!

     PREMIUMS

    As a part of our commitment to you, our client, we strive to make our premium submission process as painless as possible.
    If you have any questions or concerns about the policies outlined below, we are always here to speak with you one-on-one and give you the personalized service that you need!

    WHO WE ARE

    UME is known for its excellent customer service and responsiveness. We are flexible and accommodating, and our main goal is to meet the needs of our partners.

    Hello! My name is Anne Marie Chapman. I am the Managing Principal of Underwriting Management Experts. I have been working in the insurance industry since 1990, developing products and services that will best meet the needs of a rapidly changing marketplace. Through my years of experience, I have gained an extensive knowledge of stop-loss, captives, and all things related to self-funded plans. I have met many wonderful partners that I can now call my friends. I am thrilled to lead such a talented team and look forward to UME’s continued growth and success. Please do not hesitate to call or email me directly with any questions or concerns you may have.
    MEET THE TEAM

    900 Forty Foot Road

    Lansdale, PA 19446

    Telephone:+1 (855) 315-5088

    Local Telephone: +1 (267) 519-1900

    Fax: +1 (267) 263-2065

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