Why Self-Funded Employers Need a Global Strategy Many employers still think of Business Travel Accident as an accidental death benefit. For self-funded employers, however, it is much more than insurance coverage. It is a risk management tool that helps protect employees and the balance sheet. Today, Business Travel Accident insurance addresses the challenges that can Read More
As healthcare costs continue to rise faster than general inflation, finance leaders are increasingly asked to explain where health plan dollars go and what levers actually exist to control them. Traditional fully insured plans offer simplicity, but often at the expense of transparency and long-term cost control. For many organizations, that tradeoff is becoming harder Read More
The theme of the 2026 Berkley Captive Symposium is Blueprints for Better Living: Captive Programs in the Age of Wellness. At this year’s Symposium, our speakers will explore the impact of longevity science, environmental health, and healthy eating on employees and how Group Captive programs can play a role in creating positive incentives for better Read More
Insights from Amy Hartigan, Vice President, Claims, Berkley Accident and Health In an era of rising health care costs and increasing scrutiny over fiduciary responsibility, Berkley Accident and Health has introduced a forward-thinking solution to help employers safeguard their self-funded health plans. The Payment Integrity endorsement, now included automatically on all new and renewal Stop Read More
This is the second article in our Stop Loss Basics series. If you missed our first article, you can read it now: Understanding Leveraged Trend. Many Stop Loss providers offer Rate Caps as an option to their customers. What is a Rate Cap, anyway, and should you select one for your Stop Loss policy? The Read More
When selecting Stop Loss coverage, experience can be a critical factor, significantly affecting the quality, reliability, and value of your coverage. Here is why working with an experienced insurance carrier is a smart decision for policyholders: 1. Greater Accuracy in Risk Assessment and Pricing Experienced insurers have tried-and-true methodologies for underwriting with limited data. In Read More
Medical inflation continues to outpace inflation in the rest of the economy.1 This creates headwinds for employers in every industry. What is not as commonly known is that medical inflation affects Stop Loss carriers more severely than self-funded employers, which has a downstream impact on the Stop Loss rates. Let’s examine why this happens and Read More
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