Recognizing outstanding health risk management among Group Captive Program members

May 6, 2024 – Hamilton, New Jersey – Berkley Accident and Health, a Berkley Company, is proud to announce the recipients of the Risk Achievement of the Year (RAY) Award. RAY Awards are given to Berkley Accident and Health clients who embrace employee health and wellness and who strive to offer affordable, high-quality health benefits to attract and retain their workers. This year’s winners were announced at the 2024 Berkley Captive Symposium and are based on their health risk management efforts in 2023.

Recipients are selected from the employer/members of Berkley Accident and Health’s Stop Loss Group Captive programs. Group Captive programs are designed to allow small and midsize firms to provide sustainable health benefits and come together to better control their overall health spend. Rather than buy traditional health insurance, these companies self-fund their benefits with Stop Loss protection and then join together to share risk in a Group Captive arrangement.

“Berkley Accident and Health is passionate about helping its clients offer affordable and sustainable health benefits,” said Brad N. Nieland, President and CEO, Berkley Accident and Health. “Because of their outstanding focus on employee wellness and health risk management, RAY Award recipients have taken control of their health care spending – and the results are very encouraging.”

RAY Award winners are selected from across a variety of programs in Berkley Accident and Health’s portfolio and have shown exceptional dedication to health risk management in the previous year. Winners must demonstrate a strong commitment to the well-being of employees and their families and implement programs that help lower health risk factors and show measurable results.

The 2024 First Place winners are:

• Advantis Credit Union
• Citizens Community Federal Bank (CCFBank)
• Flowco Production Solutions, LLC
• Energy Transportation, LLC
• Garner Industries
• Grote Industries
• Guardian Fleet

The 2024 Honorable Mention recipients are:

• Haag-Streit, USA
• MVB Financial Corp.
• North Risk Partners
• Phillips Edison & Co
• United Plate Glass Company
• VerHalen, Inc.
• XL Industrial

Berkley Accident and Health congratulates all of our RAY Award winners. 

About Berkley Accident and Health

Berkley Accident and Health is a member of W. R. Berkley Corporation, a Fortune 500 company. Berkley Accident and Health provides an innovative portfolio of accident and health insurance products. It offers four categories of products: Employer Stop Loss, Group Captives, Managed Care (including HMO Reinsurance and Provider Excess), and Specialty Accident. It underwrites Stop Loss coverage through Berkley Life and Health Insurance Company, rated A+ (Superior) by A.M. Best. For more information, please visit BerkleyAH.com.

Berkley Accident and Health

100 American Metro Boulevard, Suite 201

Hamilton, NJ  08619

(609) 584-6990

www.BerkleyAH.com

BAH AD 2024-119