Stop Loss Insurance Services Inc., (“SLIS”), an AmWINS Group company,
today announced a new service that can evaluate a benefits broker or
consultant’s opportunity to transition an employer group from a
fully-insured to a self-funded basis.
The new service, known as AmWINS Self-Funding Analytics, enables brokers
and consultants to:
-
Evaluate a group’s risk in terms of capital, expected return, and
likelihood of improving upon a fully-insured benchmark -
Analyze and recommend the best risk structure for their clients, given
a group’s risk tolerance - Review multiple stop loss scenarios to find the optimal outcome
-
Help a client decide whether their group should transition to
self-funding or remain fully-insured
“This new analytical resource leverages data from more than 10 million
lives and over $100 billion in billed charges and is calibrated and
customized to each client’s situation,” said Gerald Gates, President of
SLIS.
The new analytics capability adds to SLIS’ already extensive suite of
products and services and is offered at no charge to evaluate
alternative funding scenarios for fully-insured clients.
“This new service provides brokers and consultants with the ability to
educate their clients about the rewards and risks of self-funding and
the potential savings associated with that model,” said Rebecca Bocek,
President-National Sales Director of SLIS.
About Stop Loss Insurance Services
Stop Loss Insurance Services (SLIS), an AmWINS Group Company, provides
brokers, consultants and third-party administrators (TPAs) a competitive
edge by serving as a time-saving resource that is singularly focused on
self-funded benefits solutions. Benefits professionals become more
productive and successful in their core business by putting SLIS to work
in this highly specialized segment of their practice. With more than 25
years of focused experience in self-funding, SLIS is known for deep
expertise, strong market relationships and hands-on service, backed by
the security of AmWINS Group, the largest insurance wholesaler in the
U.S. For more information, visit stoploss.amwins.com.
About AmWINS Group, Inc.
AmWINS Group, Inc. is the largest independent wholesale distributor of
specialty insurance products in the United States, dedicated to serving
retail insurance agents by providing property and casualty products,
specialty group benefit products and administrative services. Based in
Charlotte, N.C., the company operates through more than 115 offices
globally and handles premium placements in excess of $16 billion dollars
annually. To learn more, visit www.amwins.com.
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