Loss Portfolio Transfer (LPT)

For more than 40 years, Manufacturing Technology Mutual Insurance Company (MTMIC) has been the chosen expert to handle Workers’ Compensation insurance claims for employers through the State of Michigan. Due to the strength of claims handling and detailed risk management services, MTMIC has been approached to handle Loss Portfolio Transfers and has successfully done so.

MTMIC is the local solution for transferring workers’ compensation liabilities (tail) for inactive self-insured entities. We focus on the following targeted industries:

• Automotive
• Manufacturing
• Retail

• Service
• Technology

• Transportation
• Printing

MTMIC would assume existing and future claim liabilities (tail) through the transfer of the insurer’s loss reserves and put together a cost estimate.

For more information, email us using the form on our Contact Page.