Stone Point Capital invests in ClearPoint Health
Private equity firm Stone Point Capital is investing in ClearPoint Health, a medical stop-loss captive platform for small and mid-sized employers.
ClearPoint’s captive platform is designed to serve employers ranging from 10 to 1,500 employees. Members using the ClearPoint Health Platform can elect preferred service partners, including third-party administrators, pharmacy benefit managers, networks, clinical cost management, clinical quality improvement enhancers, and more.
“We’re thrilled to partner with Stone Point Capital to accelerate growth for our national captive platform. Employer health insurance expenses will only stop growing when we create a ‘win-win-win’ for employers, clinical providers, and carriers – the ClearPoint platform enables this, yielding not only affordability but sustainability. Stone Point’s expertise in the employee benefits space and track record of backing and helping build highly successful platforms makes them the ideal partner for ClearPoint.” – Jeb Dunkelberger, founder & CEO of ClearPoint Health.
“We are excited to help launch a company whose mission is to make employee benefits more affordable and higher quality for small and mid-sized employers and their employees. We believe that the cost of employer-sponsored health insurance is one of the largest and most common issues facing US employers. Partnering with the ClearPoint team represents a significant opportunity to leverage our experience in the space to help provide scalable, sustainable solutions for employers and benefit advisors across the country.” – Chuck Davis, CEO of Stone Point Capital.