press release 9-24-03

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SLG Benefits and Insurance, LLC formed to provide clients with greater insight, access and flexibility

Salem, MA ­ September 24, 2003 - Steven D. Solomon, Robert F. Lang and Steven L. Gransbury are pleased to announce the formation of a new medical stop loss underwriting company, SLG Benefits & Insurance, LLC.

SLG Benefits plans to leverage their collective years of experience and personal standing in the benefits marketplace to provide medical reinsurance & insurance products and services that are in great demand. The Benefits Community expects delivery of ideas, answers to questions, direct access to decision makers and timely producer support. SLG Benefits has the expertise to exceed those expectations.

SLG Benefits was created to surpass the needs of Third Party Administrators (TPA's) and broker/consultants specializing in the self funded employee benefits market. In the challenging arena of catastrophic claim management and medical funding products, the TPA's and brokers need for delivery of ideas from stop loss providers is often inconsistent with the rigid operating structure of some carriers and MGU's. Out of this business opportunity, SLG Benefits was formed to provide expertise and timely solutions to the medical stop loss and claim administration community.

"Our mission is to offer a medical stop loss product that will help our TPA and broker partners grow their businesses and support the alternative funding concept", states SLG Benefit's Steve Gransbury. Bob Lang adds, "With increases in medical inflation, Employer Plan Sponsors will increasingly rely on their brokers and TPA's to provide funding solutions ­ our goal is to provide product and expertise to these business partners". Steve Solomon, summarizes the SLG value proposition as, "Our priority is to exceed the needs of our clients and deliver superior results to our risk takers".

 

About SLG Benefits & Insurance, LLC

SLG Benefits and Insurance, LLC is a medical stop loss insurance program management company.   The company was created to surpass the needs of Third Party Administrators (TPA's) and broker/consultants specializing in the self funded employee benefits market. In the challenging arena of catastrophic claim management and medical funding products, the TPA's and brokers need for delivery of ideas from stop loss providers is often inconsistent with the rigid operating structure of some carriers and MGU's. Out of this business opportunity, SLG Benefits was formed to provide expertise and timely solutions to the medical stop loss and claim administration community.

Please forward any questions or requests for information to:

SLG Benefits & Insurance, LLC
9 Atlantic Avenue
Marblehead, MA 01945

Tel:
 800.742.9279
Local: 978.740.4538
Fax:  978.740.9485

http://www.slgbenefits.com

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