Risk Assessment and Underwriting
We excel in alternative strategies to manage your risk.
BRMS specializes in asset protection and cost containment - proactively identifying and controlling your healthcare risk.
We excel in alternative strategies to manage your risk, such as self-funding, expert underwriting and placement of reinsurance and stop-loss (if required), and affordable fully-insured coverage with leading healthcare insurance providers.
Self-Funded Coverage
BRMS can help you determine whether and how to self-fund your company's employee benefit program.
We have the expertise to educate you on the advantages and risks of self-funding and how to protect those risks with stop-loss insurance programs. We will walk you through a step-by-step plan to explore whether this alternative funding solution is a good fit for your company.
In implementing a self-funded benefit program, we employ seasoned industry veterans to design an optimal benefit plan for each organization and benefit group.
You also receive extensive reporting with our inclusive data warehouse, to review and analyze claims activity for better decision making.
When losses occur due to unforeseen situations, we aggressively take action to control the loss with a fully-staffed utilization review and medical management teams.
Fully-Insured Coverage
BRMS has developed relationships with a large selection of Health and other Specialty Insurance companies, to provide a wide variety of employee benefit plans that are customized to meet your specific needs.
Our business partnerships allow us to offer the best coverage at the best price.
BRMS offers a full line of insurance coverage, including:
- Medical-Health Insurance
- Full Major/Comprehensive
- Group Health, Disability, Life, and Dental Insurance.
- Supplemental Insurance
- Executive Benefits
- Voluntary Products and WellnessProgram
Underwriting & Placement
Focused on building trusted and valued relationships with each and every client, we have a long history of developing custom health insurance policies that result from a comprehensive analysis of your industry, corporate goals and the specific healthcare challenges you are facing.
Working with your broker, or directly with your management team, our in-house underwriter evaluates your risk for a determination of plan specific and / or aggregate reinsurance, clarifying the level of underwriting and placementnecessary to protect you against unpredictable losses.
In addition to our in-house Underwriter, we are approved by all major direct and MGU Reinsurance markets. We also work with actuarial partners and reinsurance underwriters to ensure a comprehensive analysis of your healthcare risk.
As part of our underwriting procedure, BRMS will analyze your employee base and calculate your risk based upon past performance, industry trends and demographics.
Actuarial and underwriting are just a few of the methods we use to assess and control your risk. With a wide range of risk management techniques, we specialize in choosing the appropriate coverage for the protection of a company's resources and achievement of specific goals.
With a highly experienced team, and leading healthcare partners, we provide expert advice to employers of all sizes nationwide on the selection and purchase of health insurance and employee benefit packages.
BRMS specializes in many different industries, including, but not limited to:
- Hospitals
- IT Manufacturing
- School Districts
- Retail/ Wholesale
- Vineyards
- Credit Unions
- Homebuilders
- Unions
With risk management services that uncover, analyze and control potential losses due to unpredictable events, BRMS has a reputation for assisting companies in loss prevention and recovery.
