Simply stated, insurance is a promise; a promise between policyholders and their insurance company. In these uncertain times, be sure that your insurance company is prepared and willing to honor its commitments.

Stop loss insurance is not a commodity. It is vital protection for sponsors of self-funded medical plans against catastrophic or unexpected claims. The cost of stop loss policies is often less than 5% of overall plan expenses, yet coverage options and carrier resources vary widely.

Self funding is a model that offers many advantages to employers.  Selecting the right stop loss partner is key to ensuring that your plan operates smoothly and cost effectively.

At Markel, we value long-term relationships. We select our broker/consultant and TPA partners carefully, and we work to collaboratively price each opportunity according to unique risk characteristics.

Why Markel Stop Loss?

• Rock-solid, financially secure carrier
• Direct access to underwriters with decision-making authority
• Collaborative risk selection and transparent pricing
• Negotiable commissions

Program Highlights

• Target market is groups with 100 – 1,000 employees that self-fund their group medical and/or dental plans
• Available to for-profit and not-for-profit businesses
• An affordable solution – often less than 5% of overall plan expenses
• Specific and aggregate coverage available
• Flexibility in working with the TPAs and PPOs of your choice
• Comparatively few excluded industries

Product Description

• Offered to employer groups, both for-profit and not-for-profit businesses with 100 to 1,000 employees, that self-fund (ERISA-exempt plans) their group medical and/or dental plan.
• Specific and aggregate coverage available.
• Comparatively few excluded industries.
• State benefit mandates do not apply to self-funded plans. Coverage is customized.
• Our “best in market” approach allows us to work with a variety of  PPO/provider networks and TPAs.
• Commissions are negotiable.  Producers may be paid on a “consultative fee” basis by the employer and still place the business with Markel.

Program Specifics

• Per person (Specific) excess maximum limit: $5 million
• Per person (Specific) minimum deductible:  $15,000
• Group (Aggregate) minimum attachment point:  120% of expected claims

Approved States