The North American business of global insurer Zurich is launching a medical stop loss insurance product for larger employers with self-funded group health plans administered by national carriers.
Zurich created the new solution in collaboration with program administrator Medical Risk Managers.
“Zurich’s collaboration with MRM enables us to extend our capabilities in medical stop loss to serve the needs of the largest segment of the self-insured market,” said Edward Tyburski, Head of Specialty Health for Zurich North America.
“MRM has a history of successfully underwriting medical stop loss business and has developed relationships and insights that, together with Zurich’s knowledge and experience in this space, will deliver a best-in-class offering.”
MRM President Mehb Khoja added, “We are pleased to once again be working with Zurich, who shares our commitment to protecting customers and creating high value.
“Our shared clients will benefit from our depth of data and experience, as well as some of the most dynamic talent in the stop loss segment.”
Source: Reinsurance News
LinkedIn
Twitter
Facebook
Coalition Finds Over Half of Cyber Insurance Claims Originate in Email Inboxes
April 25, 2024
Coalition, the world’s first Active Insurance provider focused on preventing digital risks before they occur, has released its 2024 Cyber Claims Report.
65% of North American Business Leaders Fear Election Year May Impact International Trade
April 25, 2024
As the 2024 election season unfolds, 65% of North American business leaders are concerned that political risks may negatively affect their ability to trade internationally.
Allstate May Resume Writing Homeowners Policies in California Amid Insurance Crisis
April 25, 2024
Allstate Insurance may soon start offering new homeowners policies in California again, provided the state Department of Insurance allows the use of catastrophic modeling when requesting rate increases.