Business Details
43 Years
experience
Trusted Medical Stop Loss Insurance Solutions
Founded in 1983, IISI has established itself as a premier underwriter of medical stop loss insurance with over four decades of industry expertise. As a division of Companion Life Insurance Company, we combine the stability of a direct writer with the specialized focus of a managing general underwriter. Our team delivers tailored risk management solutions for self-funded employer groups across all 50 states, leveraging a national footprint with regional offices in Oregon, Texas, and Massachusetts.With a proven track record of innovation, we specialize in traditional and integrated stop loss insurance, reference-based pricing, and customized product enhancements. Our leadership team brings decades of experience in underwriting, claims management, and medical risk mitigation, ensuring clients receive sophisticated, forward-thinking solutions. Backed by AM Best A+ rated carriers, we prioritize stability, creativity, and client-centric service in an evolving market landscape.
Services
Traditional Stop Loss Insurance
Integrated Stop Loss Insurance
Product Enhancements
Risk Management Solutions
Reference-Based Pricing
Details
- Year established: 1983
Highlights and features
- We offer 40+ years of specialized expertise in medical stop loss insurance.
- Our solutions serve employer groups with as few as 15 lives.
- We provide tailored coverage through product enhancements and non-traditional cost containment.
- Our national footprint includes regional offices for localized market understanding.
- We maintain AM Best A+ rated financial stability through Companion Life Insurance Company.
Associations and certifications
- AM Best
Services
Traditional Stop Loss Insurance
Our traditional stop loss insurance provides protection for employer groups of all sizes by capping annual claim liabilities. We evaluate networks ranging from regional providers to national PPOs, creating customized solutions that balance risk protection with cost efficiency. This product suits organizations seeking conventional self-funding arrangements with defined risk parameters.
Integrated Stop Loss Insurance
This innovative product enables smaller employer groups (15+ lives) to adopt self-funding models with controlled financial exposure. Our integrated approach combines predictable monthly payments with comprehensive risk protection, eliminating cash flow volatility while maintaining access to self-funding benefits through structured payment plans and tailored coverage terms.
Product Enhancements
We offer flexible coverage modifications to address specific client requirements, including additional benefits and risk management tools. These enhancements allow employers to align stop loss protection with unique financial objectives while maintaining regulatory compliance. Our team works closely with clients to develop solutions that optimize risk tolerance and coverage effectiveness.
Reference-Based Pricing
Our non-traditional pricing strategies help control healthcare costs through transparent, data-driven reimbursement models. By establishing clear payment benchmarks, this approach reduces unexpected expenses while maintaining provider network flexibility. We implement these solutions alongside traditional stop loss coverage for comprehensive cost management.
Medical Risk Management
Our specialized nursing team provides clinical expertise for cost forecasting and risk mitigation in excess medical loss scenarios. Through continuous monitoring of medical advancements and treatment costs, we develop proactive strategies to manage catastrophic claims and improve long-term financial predictability for self-funded plans.
People
Jon Anderson
Chief Executive Officer & President
With over 30 years in insurance, Jon leads IISI's strategic direction. He previously oversaw managing general underwriters at Companion Life and began his career at Lincoln National Reinsurance Companies in 1989.
Kurt Ridder
Chief Revenue Officer
Kurt co-founded Spectrum Underwriting Managers in 1990 and led its integration with IISI. He brings extensive stop loss insurance experience from his roles at Baldwin & Lyons and Brougher Insurance Group.
Paul Rovira
Chief Financial & IT Officer
Paul has managed IISI's financial and IT operations since 1998. His 14 years of logistics industry experience in financial analysis and systems development strengthens our operational infrastructure and cybersecurity measures.
Joe Martin
Chief Operating Officer
With 20+ years in the industry, Joe oversees distribution partnerships and brings expertise from Companion Life and First Health Group Corp. He holds a degree in Sales and Marketing from Arizona State University.
Fatima Rodriguez
Vice President of Operations
Fatima leads operations with 12 years in client services and clinical administration. Her background includes United Health Group and private education sector roles, complemented by degrees in public health and human services management.
Questions
What is medical stop loss insurance?
Medical stop loss insurance protects self-funded employer groups from excessive healthcare claims by setting a maximum limit on their financial liability.
How does IISI's integrated stop loss product benefit small employers?
Our integrated stop loss allows employer groups with as few as 15 lives to access self-funding benefits through predictable monthly payments.
What geographic areas do you serve?
We provide stop loss insurance solutions to employer groups in all 50 states through our national network.
What sets IISI apart from other underwriters?
We combine 40+ years of specialized expertise with AM Best A+ rated stability and customized product enhancements for unique client needs.
How do you handle claims management?
Our dedicated claims team with decades of TPA experience ensures efficient processing and compliance with industry best practices.
