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My team recently had the chance to catch up with our friend and colleague Rick Lassow. We dove into a topic that’s close to my heart: how stop loss carriers maintain a positive Medical Loss Ratio (MLR).  For those unfamiliar, MLR represents the percentage of premiums spent on medical claims—a metric that can make or break a carrier's sustainability. It’s a balancing act, and the stakes are high.  In my time working with stop loss carriers, I’ve seen firsthand how crucial it is to get this balance right. It reminded me of watching my parents run their insurance business, constantly juggling risks and rewards to stay afloat. Those early lessons in resilience now fuel my work at Merit Medicine, where we help organizations manage risk with clarity.  Rick and I discussed how advanced analytics are game-changers. With predictive modeling, carriers can anticipate high-cost claims and proactively manage risks. Experienced underwriters, armed with both data and industry knowledge, play a crucial role in accurate risk assessment and pricing. Reinsurance acts as a safety net, protecting carriers from catastrophic claims while keeping MLRs in check. Streamlined claims processes and proactive medical management ensure timely payments and cost control. And by promoting preventive care and wellness, carriers can reduce the frequency and severity of claims, ultimately strengthening their MLR.  The healthcare landscape is always shifting, but with the right tactics, carriers can thrive. At Merit Medicine, we’re on a mission to provide the insights that make navigating these complexities easier. Because in this balancing act, everyone benefits when the system works as it should.  What strategies have you seen work in managing MLRs?

Our first website (at www.jurgenschulze.net) was created in 2009 - the same year that JURGEN SCHULZE & CO LLC was incorporated. Since then, much has changed and therefore our website required a fresh approach so as to reflect who we are and what we do. Underwriters, Insurance Adjusters, and Risk Managers need to have the facts in front of them to decide whether to write a risk, settle or deny a claim, and/or to review existing processes. With a combined industry experience of well over 40 years, we know how to provide these facts so that YOU can DECIDE WITHOUT DOUBT. Our experience in the field of Life Science and Bio-Pharma insurance claims is second to none and L.S.B.P. Consultants (a company division) can assist with virtually any claim scenario. Have a look: www.jurgenschulze.net

🚨 Exciting News! 🚨 Specialty Program Group Canada Inc. (SPGC) announces our strategic amalgamation with Totten Insurance Group and Anderson McTague & Associates to enhance specialty insurance offerings nationwide! This strategic move unites three specialty insurance leaders, creating a powerhouse of expertise and innovation to better serve brokers and clients nationwide. With over 500 employees, 5 underwriting brands, and one claims management brand, SPGC is set to redefine niche insurance solutions in Canada. I am excited about the growth and opportunities this brings to our colleagues. Watch for promotion announcements to pop up in your LinkedIn feed over the coming weeks! 🌟 Learn more about this transformative merger and what it means for the industry: https://lnkd.in/gz-hUzC6 #underwriting #insurancecareers #growingcompany #jobopportunities #nowhiring

The rising trend in wound-related insurance claims in senior living settings warrants serious attention from risk management professionals. What's particularly concerning is not just the high per-claim cost of $267,179, but how this intersects with the increasing prevalence of home- and community-based services. Having managed claims processes, I've seen how proactive wound care protocols and robust documentation systems can significantly mitigate these risks while improving resident outcomes. The regional variations in claims data also suggests opportunities for cross-state learning in best practices.

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We love hearing from our members. Here is what Andrew Harris Jr., with Liberty Insurance Associates, in Millstone Township, N.J., said recently: “PIA Northeast has made me a more resourceful and effective insurance agent. From legislative and regulatory issues, to risk management and industry trends, there's almost no topic I can't source an answer because of my involvement with PIA.” Member Agents, do you have an issue or industry question and need answers? Why not utilize Ask PIA? Ask PIA is a members-only searchable database featuring hundreds of member questions answered by our highly-qualified technical specialists. You can access through our website—visit www.pia.org/IRC/askpia. You can also contact our specialists at the Industry Resource Center at (800) 424-4244, or chat online with a live person, M-F, 8 a.m. to 5 p.m. 🖐️ These valuable member services are right at your fingertips. 💡 Not a member yet? Visit us at www.pia.org/join for more information. #InsuranceMatters #InsurancePros #IndependentAgent

Alliant Insurance Services has launched a government contractors segment within Alliant Specialty, led by senior VPs Bryan S. and Angela Kirby. The new segment provides clients nationwide access to experts in placement, service, claims, and loss control. “As the nation’s leading specialty broker, Alliant is focused on offering specific, differentiated expertise that benefits our clients,” said Michael Cusack, executive vice president, Alliant Specialty. Read the full story here: https://ow.ly/Yxvp50UfOZY #captives #captiveinsurance

In May, AstraZeneca's insurance team launched a five-year Business Resilience Insurance Policy, providing their captive with a connected risk solution backed by three major reinsurers. It covers supply chain disruption, reputational damage, and product withdrawal. This policy, shaped by discussions within the Russell Group Limited Corporate Working Group, addresses key challenges in today’s interconnected business landscape, according to Russell Group's founder Suki Basi. Read the full story here: https://ow.ly/ywnC50TPsM8 #captives #captiveinsurance #FERMAForum

Interested in partnering with us? We foster talent to enhance the value in our partnerships. We're people you can talk to. At NNAC, we provide cover through brokers and administrators who offer expert advice on how our wide range of products can protect policyholders. With over 50 years of experience and expertise in more than 20 insurance classes, we offer you more than just policies—we offer partnerships built to last. What sets us apart is our partnership model, ingrained in our DNA. Our relationships are built on mutual respect, trust, and accountability, ensuring that both parties benefit for the long haul. We believe in transparent communication, access to our systems, and an open-door policy—values that empower our partners to succeed. Join us in our mission to serve policyholders with excellence and explore the difference that real partnership can make. Discover more - follow the link in the comments below: ⬇⬇ New National Assurance Company - 'People you can talk to' Isla Simoes #nnac #newnational #peopleyoucantalkto #partnerwithus #insurancebrokers #insurance #insuranceadministrators

How do you manage the insurance complexities of global clinical trials in the life sciences sector? Alan Taylor of Taylored Insurance Solutions (TIS) shares insights on navigating this unique broker challenge. From R&D to post-certification, global cross-section testing is key to success. Learn more about this dynamic field and the importance of expert risk management! https://hubs.la/Q02SgLlz0