Medical Stop Loss Captives During Covid-19

Recording Date: Wednesday, September 2, 2020

Description

One of the strongest recent trends in the captive industry has been the participation of captives in medical stop loss programs. Small to mid-sized employees have used group captive programs to get some control over their health insurance costs and transparency into their claims data, while larger employers have been able to leverage single parent captives for a more efficient program structure. But how have these programs been impacted by the Covid-19 pandemic and what can we anticipate as we head into the January 1st renewal season?

Topics covered in this webinar include:

  • Recent trends in the use of captives for medical stop loss insurance
  • The impact of the pandemic
    • Impact on renewal underwriting
    • Claims experience and impact on captive results
  • Commercial market experience
  • Current market conditions and how best to use captives

The webinar is suitable for any employers, consultants, brokers and insurance industry professionals involved with or considering the use of captives to insure medical stop loss.

Presenters

Scott Byrne, Vice President of Captive Business Development, Berkley Accident and Health. Scott manages the distribution efforts for medical stop-loss group captive programs over a 15 state region in the Western US. He is an accomplished leader in the self-funded community with over 25 years of experience in the employee benefits industry.  Scott is the President of the Colorado Group Insurance Association and a member of SIIA and CICA. 

Bill Spring, VP – Benefits Group Captives for Alternative Risk Underwriters (ARU).  Bill oversees the day-to-day operations for Stop Loss Captives, including new shareholder development, shareholder retention, program structures, and excess reinsurance and vendor partnerships.  Prior to ARU Bill spent over 10 years on the TPA side of the self-funded business with a focus on business development and stop loss placement.

Wendy Dine, Associate Director, Strategic Risk Solutions. Wendy specializes in consulting to single parent and group captive prospects and clients assuming medical stop loss or other employee benefits risk within their captive. She serves as the Employee Benefits Practice Group leader within the firm.