If someone has ever talked to you about the advantages of self-funding, chances are they mentioned flexibility. But what does flexibility in a health plan really look like, and why is it so important? Let’s break it down into the three main aspects: 1. Flexibility with Plan Design Fully insured plans are subject to strict Read More
It’s our pleasure to welcome Mike Madden back to the Berkley Accident and Health team after more than 10 years away. He rejoined the organization in 2024 as Senior Vice President of Captive Growth Strategy. We asked Mike his thoughts on Berkley Accident and Health and why he’s bullish on Group Captive programs. Q: Welcome Read More
Berkley Accident and Health is committed to improving the way employers fund their health care benefits, using a more transparent, flexible, and controlled approach. In November 2024, we launched PBM Checkup, an innovative program that helps Berkley’s Stop Loss policyholders gain insight into their prescription drug costs. We asked Theresa Galizia, Chief Underwriting Officer and Read More
When you buy a health insurance policy, you’re joining a risk pool. Your insurance premiums and claims are mingled with all the insurer’s other customers. Even if your health plan is running well, your premiums may go up if everyone else’s plans are running poorly. That’s because you’re sharing the risk and sharing the results. Read More
With a group captive program, employers can gain clarity and control over their health care costs. In this video, take a deeper dive into the mechanics of risk sharing.
Read our February 2025 update on the cell and gene therapy pipeline, with an in-depth look at Elevidys
With a group captive program, employers can gain clarity and control over their health care costs. In this video, you’ll learn the basics of these solutions.
Navigating rising health care costs can be a significant challenge for companies, especially small and midsize employers. At Berkley Accident and Health, we are committed to helping companies offer affordable, quality health benefits through Group Captive programs. Group Captive programs offer a way for small and midsize firms to self-fund, just like large corporations do. Read More
GLP-1, or glucagon-like peptide-1 drugs, are a synthetic version of the body’s naturally occurring hormone that reduces appetite and slows down the rate at which food leaves the stomach. Originally developed to treat diabetes, GLP-1s’ popularity has skyrocketed because of their use for weight loss. In 2023, GLP-1s alone accounted for nearly 7% of the Read More
In this article, we will look at ISO 31030 and discuss how companies can use this benchmark to review their own risk management strategies for domestic and international travel. Business travel has changed considerably since the pandemic. Whether it’s heightened awareness about illness or increased threats from civil unrest and natural disasters, companies should reassess Read More