Arlo will serve as a managing general underwriter for Nationwide’s medical stop-loss insurance product and the partnership aims to expand Nationwide’s reach in the small and mid-market segment, providing businesses with innovative and cost-effective health insurance solutions.
Arlo Health, founded in 2022, is backed by prominent venture capital firms including Upfront Ventures, 8VC, and General Catalyst. The company leverages technology and data-driven insights to deliver tailored health insurance solutions and improve employee benefits.
Syed Rizvi, vice president and chief specialty officer at Nationwide, commented, saying: “We are excited to partner with Arlo, who is innovating with highly advanced capabilities to provide a seamless, easy experience for our customers. In the past, most small groups did not have access to stop loss coverage due to operational complexity and expense concerns.”
He continued: “New MGU relationships like these allow us to reach more producers, particularly those serving small to mid-sized employers that are increasingly self-funding and needing medical stop loss insurance.”
Jan-Felix Schneider, Arlo co-founder and CEO, added: “Through the use of our innovative technology, we are able to help more small employers offer affordable healthcare coverage to their employees, and we’re excited to see that taken to the next level through this partnership with Nationwide.”
