An Employee Benefits Captive

Discover reduced costs, increased control and better healthcare

We are a member-owned and governed medical stop-loss captive insurance company.

Our solution enables employers a low-cost entry point to captive insurance ownership. Each employer owns a single parent captive insurance company that issues a medical stop-loss policy to protect the employer against risks associated with their self-funded health plan. Then, collectively, other SynergiX captives share medical stop-loss risk together. Over time, underwriting profits which accumulate in the employer’s captive, are returned to the employer for their use.

How it Works

  • Each business forms a cell captive of SynergiX.
  • SynergiX provides the cell captive with the license to issue a medical stop loss insurance policy, and the cell captive issues to its insured business (the employer).
  • The insured business pays a premium to the cell captive, which is then remitted to SynergiX on a funds withheld basis.
  • The cell captive enters into core documents with SynergiX to insure risks associated with the policy issued to its insured business, as well as to insure the risk of the collective captive participants.

20%

AVERAGE CAPTIVE ROI

RATE OF RETURN

Despite unexpected risk pool volatility, over the past five years, each SynergiX participating captive has realized a positive ROI.

Not all medical stop-loss captives are the same

The SynergiX model is operationally efficient with the potential for premium cost savings.

No Fronting Carrier

We are a direct writer of medical stop loss insurance coverage, enabling you to retain the profits of your cell captive.

Single Parent Captive

Each employer gets their own captive insurance company, providing incentive for risk management to attain underwriting profits.

Ownership & Goverance

Each employer is the owner of the captive insurance company, providing control over costs and policies.

Risk Shifting and Sharing

SynergiX is a risk pool and not a profit taker, with the risk of loss shifting to the insured business.

Innovative Risk Financing Solutions

Members of SynergiX gain transparency and control over their benefit plan design and healthcare spend, with access to best-in-class programs and services tailored to their workforce. Employers also benefit from collaboration with other like-minded employers, resulting in powerful insights and risk management strategies. The captive provides the financial protection and stability needed to capitalize on opportunities and solve real business challenges.