CHARLOTTE, N.C., May 22, 2024
/PRNewswire/ -- Stealth Partner Group, an Amwins company and
premier stop-loss general agency, released its comprehensive State
of the Market report, providing up-to-date market intelligence on
healthcare and employer stop-loss trends along with professional
analyses discussing multiple factors driving the stop-loss
marketplace, in-depth commentary across key segments, carrier
insights, best practices, suggested cost-saving considerations and
benchmarking data from Stealth's book of business.
"Our Stop-Loss State of the Market report offers a comprehensive
analysis of the factors shaping the market, equipping our partners
with valuable and actionable insights into emerging trends that
directly impact their clients," said Harley
Barnes, Jr., chief executive officer at Stealth Partner
Group. "Brokers can utilize the information in this report,
supported by our informed subject matter experts and our extensive
Stealth database, to effectively advocate for their clients in the
coming year."
The cost of healthcare in the U.S. continues to increase,
raising the costs of health insurance premiums and keeping experts
on their toes attempting to predict the ramifications for the
insurance market. Stealth's annual state of the market report is a
tool for employee benefits brokers and consultants to stay abreast
of market trends, pairing independent research and benchmarking
data with in-depth industry knowledge and market insights from
Stealth's stop-loss experts, actuaries and partners.
Insureds are looking for partners on the retail and wholesale
side that can help them understand their insurance coverage
holistically and on a deeper level, including the degree of their
risk exposure and tolerance. Partners who utilize a technical
approach, while playing an active role in loss control, are highly
coveted.
"The healthcare landscape is constantly evolving, and in a
market that values strong partnerships, it's crucial to collaborate
with specialists who truly understand the business," Barnes
continued. "Our team of experts excels at problem-solving, working
closely with clients and insureds to deliver the most effective,
solution-driven strategies. We remain dedicated to their long-term
goals, ensuring they achieve success every step of the way."
This report combines sources of data from (i) over $1.85 billion in stop-loss premium placed by
Stealth Partner Group, (ii) highly rated and well-recognized
stop-loss carriers and (iii) industry surveys to offer distinct
market perspectives and provide clients in the stop-loss space with
exclusive thought leadership, strong cost-containment protocols and
proven solutions.
To read the full report, please visit: Stealth Partner Group
Stop-Loss State of the Market
About Amwins
Amwins is among the largest independent
wholesale distributors of specialty insurance products in the U.S.
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 has 7,300
employees, operates through more than 155 offices globally and
handles premium placements in excess of $33
billion annually. For more information, visit
amwins.com.
About Stealth Partner Group
Stealth Partner Group, an
Amwins Company, was founded in 2009 and has grown to be one of the
largest specialized general agencies in the country. The firm
partners with brokers, consultants, and third-party administrators
(TPAs) to negotiate, implement, and assist in managing medical
stop-loss and ancillary benefits with the nation's top-tier
carriers. With 15 offices across the U.S., Stealth offers its
clients more than 150 years of collective experience in the
stop-loss and ancillary insurance marketplace. For more
information, visit stealthpartnergroup.com.
For further information contact:
Amwins
Lisa Kuszmar
Telephone: 704.749.2780
Email: lisa.kuszmar@amwins.com
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SOURCE Amwins