Beyond Risk unites employee healthcare benefits businesses
Beyond Risk Topco Holdings (Beyond Risk) has announced the strategic consolidation and rebranding of its three premier employee healthcare benefits insurance businesses under the unified "Beyond Health" brand.
This strategic initiative combines the operational and underwriting strengths of SL Management Partners (SLMP), BeyondRe Stop Loss Insurance Services and the Beyond Health program to create a leader in the medical stop loss (MSL) and employee health benefits insurance market.
The consolidation unites Beyond Health - a premier employee health benefits group captive program with multiple cells operated within HatterasRe and managed by Bev Cap Management (BevCap), SL Management Partners, - a leading full-service medical stop loss managing general underwriter (MGU) providing innovative stop loss and claims solutions and BeyondRe Stop Loss Insurance Services - a fast-growing underwriter of stop loss captive programs and a business unit within BevCap
This strategic integration creates a comprehensive platform that streamlines the client experience while maintaining specialised expertise in both captive and traditional stop loss solutions, the company said.
“This consolidation represents a significant advancement in our growth strategy,” said Bob Lang and Steve Solomon, founders of SLMP. “By joining forces with the Beyond Health and BeyondRe teams, we can deliver an expanded suite of solutions while maintaining the exceptional service and performance our partners expect. The combined platform enables us to better serve our customers and carrier partners and deliver enhanced value to our broker network.”
John Kirke, president of BevCap Healthcare Captives, added, "The collaboration between our organisations creates a formidable force in the captive and medical stop loss market. Together, we're positioned to offer clients broader market access and deeper underwriting and claims expertise. Our integrated approach provides tailored solutions across both traditional and captive stop loss arrangements, truly offering a one-stop shop for our brokers and clients."
The executive leadership team brings together industry veterans with more than 120 years of combined employee benefits and underwriting experience:
• SLMP founders Steve Solomon and Robert Lang, who joined Beyond Risk in 2024
• John Kirke, president of BevCap's Healthcare Captives business
• Steve McFarland, chief underwriter, managing director of BeyondRe
• Lance Abbott, chief executive of BevCap and Beyond Risk board member
"This rebrand and collaboration perfectly aligns with our vision for Beyond Health, BevCap, and the Beyond Risk suite of medical stop loss services," said Lance Abbott, chief executive of BevCap and Beyond Risk board member. "By uniting our teams and leveraging our collective expertise, we're creating a more efficient, scalable platform that can better address the evolving needs of our carrier partners and clients."
The company added that the consolidation will also accelerate Beyond Health's operational scalability through enhanced underwriting capabilities, systems integration, and streamlined back-office operations.
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