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Business

TURNING RISK INTO RESULTS

Published by Gbaf News

Posted on November 14, 2013

3 min read

· Last updated: June 11, 2018

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Overview of Roundstone Management

Roundstone Management, Ltd. (“Roundstone”) based in Westlake, Ohio is an insurance organization focused on the development, underwriting and servicing of alternative risk products, including captives, rent-a-captives and specialty insurance programs. Roundstone’s medical stop loss group captive program was established in 2005 and writes medical stop loss coverage in all fifty states.

Roundstone

Roundstone

Reinsurance and Captive Facilities Supported

Today, Roundstone continues to provide reinsurance support through numerous captive facilities for more than twenty different insurance programs that include both employee benefit and property & casualty exposures.

Comprehensive Insurance Services

Insurance services offered by the Roundstone organization include:

  • Specialty Program Development
  • Specialty Program Management
  • Underwriting
  • Policy Administration
  • Claims
  • Loss Control
  • Reinsurance Management
  • Captive Facilities
  • Captive Management
  • Reinsurance
Michael Schroeder

Michael Schroeder

Expertise Across Key Insurance Functions

Our team has the accounting, regulatory, actuarial, claims, risk management, underwriting, and reinsurance experience you need. Practical know-how, creativity, and exceptional service: that’s how our team turns risk into results.

All of our services, including program insurance, captive insurance, reinsurance, claims management and capital participation are offered on an unbundled basis.

Diverse Clientele Served by Roundstone

Our clients include groups, associations, actuaries, accountants, attorneys, businesses, insurers, risk managers, program administrators, consultants, brokers and other professionals in the insurance marketplace. Find out just how we can help you by Turning Risk into Results visit Roundstone.

Roundstone Management, Ltd. (“Roundstone”) based in Westlake, Ohio is an insurance organization focused on the development, underwriting and servicing of alternative risk products, including captives, rent-a-captives and specialty insurance programs. Roundstone’s medical stop loss group captive program was established in 2005 and writes medical stop loss coverage in all fifty states.

Roundstone

Roundstone

Today, Roundstone continues to provide reinsurance support through numerous captive facilities for more than twenty different insurance programs that include both employee benefit and property & casualty exposures.

Insurance services offered by the Roundstone organization include:

  • Specialty Program Development
  • Specialty Program Management
  • Underwriting
  • Policy Administration
  • Claims
  • Loss Control
  • Reinsurance Management
  • Captive Facilities
  • Captive Management
  • Reinsurance
Michael Schroeder

Michael Schroeder

Our team has the accounting, regulatory, actuarial, claims, risk management, underwriting, and reinsurance experience you need. Practical know-how, creativity, and exceptional service: that’s how our team turns risk into results.

All of our services, including program insurance, captive insurance, reinsurance, claims management and capital participation are offered on an unbundled basis.

Our clients include groups, associations, actuaries, accountants, attorneys, businesses, insurers, risk managers, program administrators, consultants, brokers and other professionals in the insurance marketplace. Find out just how we can help you by Turning Risk into Results visit Roundstone.

Key Takeaways

  • Roundstone offers group medical stop loss captive solutions nationwide.
  • Pioneered the medical group captive model in 2005 to help midsize employers with risk and cost control.
  • Services include underwriting, claims, policy administration, reinsurance and captive management.
  • Participants share risk and can receive returns of unused premiums through the captive structure.

References

Frequently Asked Questions

What is a group medical captive program?
A program where employers pool risk and share in underwriting results, with stop loss covering claims above retention—Roundstone pioneered this in 2005.
Is Roundstone’s captive available nationwide?
Yes, its medical stop loss group captive writes coverage in all 50 U.S. states and DC.
What services does Roundstone offer?
Services include specialty program development and management, underwriting, policy administration, claims, loss control, captive and reinsurance management.

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