Guaranty Fund Management Services Email Format
InsuranceMassachusetts, United States11-50 Employees
Guaranty Fund Management Services, Inc. (GFMS) is a Delaware nonprofit corporation established in 1981 and based in Boston, Massachusetts. It delivers management and claims administration support to eight property and casualty insurance guaranty associations that are created by law and serve the six New England states, Virginia, and the District of Columbia. GFMS provides the management and operational frameworks that allow these associations to fulfill their statutory duties to promptly handle claims against insolvent insurers. The organization is also authorized to offer related or compatible services to other property and casualty insurers and insurer organizations. Positioned within the insurance industry as a specialized service provider, GFMS focuses on helping guaranty associations operate effectively under statutory requirements. Based in the Boston region, it maintains a modestly sized workforce and supports a regional network of clients and partners.