Zurich expands medical stop loss capabilities in middle market segment
Zurich North America is expanding its Medical Stop Loss Insurance presence in the middle market space through a new relationship with IOA Re, a Pennsylvania-based managing general underwriter (MGU). The relationship will enhance Zurich’s ability to provide solutions for middle market employers with self-funded health plans administered by a wide range of third-party administrators (TPAs).
IOA Re has been underwriting medical stop loss solutions in the TPA space for 35+ years.
“IOA has been in business for a very long time with strong relationships and a track record of success. IOA’s experience and relationships, together with Zurich’s knowledge and A-rated financial strength, add up to an excellent Medical Stop Loss offering for middle market employers in the TPA space.” – Edward Tyburski, Head of Specialty Health for Zurich North America.
“IOA Re is very pleased to add Zurich as the newest member of our prestigious carriers and reinsurers. We recognize this collaboration as an outstanding opportunity to write mutually beneficial business for both IOA and Zurich.” – John Parker, Chief Executive Officer of IOA Re.