Press Release 2/23/06

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SLG Benefits & Insurance, LLC Announces Simplified Stop Loss Renewal Procedure

Marblehead, MA ­ February 23, 2006 – SLG Benefits and Insurance, LLC is pleased to announce a straightforward and streamlined process for Renewal Policy Issuance. With respect to Excess Loss Policies with QBE Insurance Corporation, we will no longer require a new Application and Schedule of Insurance to be completed for groups that are renewing with SLG. In the place of multiple documents requiring TPA, Producer and client review and endorsement; SLG will issue a QBE Renewal Amendment. This Amendment updates the Schedule of Insurance issued on the initial QBE / SLG effective date for the new Policy Period. The QBE Renewal Amendment, once signed by the Policyholder and the QBE / SLG, is then attached to and will be made part of the Excess Loss Policy for the new plan year. This new process is part of the continued effort by SLG and QBE to provide our Producer and TPA business partners with tools and resources to help work more efficiently with an ease in administrative requirements.

 

About SLG Benefits & Insurance, LLC

SLG Benefits and Insurance, LLC is an insurance program management company. The company’s focus is to offer group insurance products and service solutions for employer groups and their Third Party Administrators (TPA's) and broker/consultants. SLG Benefits’ primary product is medical stop loss reinsurance and the company’s full product portfolio includes group life insurance, group disability, long term care and voluntary benefits programs. Dedicated service and underwriting solutions are at the core of the SLG Benefits philosophy. 

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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