Formerly Coefficient. Stop-loss insurance provider.
Denny (Mark) Weinberg (CEO)
Verily is an Alphabet company.
In 2020, Swiss Re made a minority investment in Granular, an insurer that provides self-funded employers with a data-based approach to help them manage risks.
Coefficient, the precision risk company created by Verily, reported that its previously announced transaction, which included an investment by Swiss Re Corporate Solutions, has successfully closed.
The company has earned a Financial Stability Rating of Aʺ, A Double Prime, Unsurpassed, from Demotech.
Coefficient will protect self-funded employers from unexpected and large employee health benefit claims.
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