NIP Management Company, LLC, a subsidiary of NlP Group, Inc., is the Attorney-In-Fact for Conventus Inter-Insurance Exchange. As Attorney-In-Fact, NIP Management Company, LLC manages the day-to-day operations of Conventus and provides expert services including underwriting, claims management, risk control services, actuarial analysis and tax advisement, reinsurance intermediary services, legal services and financial and administrative management.

Since its formation in 1989, NIP Group's mission has been to respond to the insurance and risk transfer needs of our clients and to work with them to design programs that give them better long-term control over their insurance costs.  We have worked with individual businesses, groups and associations to provide them with alternatives to the traditional insurance markets and products.  These alternative programs are customized to respond to the individual needs and objectives of our insureds and range from fully insured programs, to individual or group captives, to qualified group self-insurance plans.  NIP designed programs have had immediate impact and practical application for thousands of businesses and public entities, both large and small, across the United States.

Buffeted by what they see as the unreasonable swing in pricing, coverage and limits availability, our insureds have chosen to take better control of their own insurance destiny by utilizing NIP’s portfolio of alternative market solutions.  These solutions provide many of the same benefits and advantages once available only to Fortune 500 companies, everything from increased buying power to improved stability of rates and coverage.

A critical component of these programs is the ability to purchase services in an unbundled manner.  This means that everything from reinsurance, to claims administration, to loss prevention services can be purchased from “best in class” providers.  In addition, members of group captive or qualified self-insurance programs can reap additional benefits in the form of a share of returned underwriting profits and the retention of investment income.

NIP provides all of the professional management services necessary to design and efficiently operate the program or alternative insurance vehicle chosen by the insured.  This would typically include the development of the business plan, the risk management philosophy and procedures, the establishment of underwriting and pricing guidelines, the promulgation of rates and policy forms, claims adjusting and administration, on-going policy issuance and servicing as well as the management and oversight of the providers of purchased services, reinsurance services, regulatory filings and corporate accounting and financial services.