Most people in insurance are familiar with Lloyd’s of London, which started in 1686 in London, England, at Lloyd’s Coffee House, a venue popular with sailors, merchants and ship owners. Lloyd’s originally provided shipping news, but it became an ideal place to obtain marine insurance for ship owners interested in pooling their losses so the impact of losing one ship would be spread across the entire group.
All roads through a Stop Loss carrier lead to paying claims. Self-funded groups purchase our coverage so we can protect their finances from the impact of high-dollar claims, so with a Stop Loss contract in hand, they expect that their catastrophic claims will be paid. And as a responsive carrier that has applied exceptional underwriting practices to the groups we enroll, we have committed to having the right resources in place to deliver quick and accurate claims payment.