Blackwell Captive Solutions promotes Lydon to SVP
Group medical stop loss captive firm Blackwell Captive Solutions has announced the promotion of Scott Lydon (pictured) to senior vice president, national sales.
As demand for alternative risk management solutions grows, Lydon will spearhead Blackwell's nationwide sales initiatives and oversee client management, driving the company’s continued growth and commitment to delivering tailored solutions that help employers control healthcare costs, Blackwell said in a statement.
According to the company Lydon's exceptional leadership and proven success in cultivating strategic relationships have made a significant impact since he joined Blackwell. His promotion reflects the company’s confidence in his ability to lead the sales team and enhance the client experience as Blackwell continues to grow and deliver best-in-class captive solutions.
Blackwell Captive Solutions said that it has seen a surge in interest from employers seeking group stop loss captives as a solution to rising healthcare costs, high claims, and large renewal increases in traditional insurance models. Employers are turning to Blackwell for cost-effective solutions that offer greater control, transparency, financial stability, and innovation focused on bending the healthcare cost curve, the company claimed.
“I am honoured to step into this new role at such a dynamic time for Blackwell Captive Solutions,” said Lydon. “As demand for creative and cost-effective healthcare solutions rises, I am committed to leading our sales efforts and fostering strong relationships that drive value for our clients.”
Lydon brings 22 years of experience in the health insurance industry, having worked for a major health insurer, a third-party administrator and a value-based care company. His comprehensive industry knowledge and business acumen make him well-equipped to support brokers and clients in navigating the evolving landscape of employer-sponsored healthcare solutions, the company said.
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