Roundstone Management Ltd. (Roundstone) in Lakewood, Ohio, and Chicago-based insurance brokerage Hub International Limited (Hub) have formed a strategic partnership for self-funded medical captive programs.
Roundstone develops, underwrites and services alternative risk products, including captives and specialty insurance programs.
According to the companies’ announcement, Hub brings a significant volume of clients in the contingent workforce segment, and many other segments, complemented by robust platform of cost containment capabilities. For those reasons Roundstone has been able to offer favorable underwriting terms.
Roundstone’s medical expense stop loss program, Mid-Market Med, offers middle-market companies (20-1,000 employees) control over their health insurance costs through self-funding methods historically used by larger companies.
Source: Roundstone
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Why Power Outages Do More Economic Damage Than We Think 
Grandson Not Covered Under Grandma’s Home Insurance 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
