We have been looking for a stop loss carrier that offers an old fashion participating contract for many months now. Well, we found one. Mystery Re has an experience refund calculation on their stop loss policies. Much like a participating contract without the downsides. Minimum premium is $500k. This carrier also has a “laser pool” for their groups.
A participating contract is better than using a captive – no management fees, no capitalization, etc.
Editor’s Note: Mystery Re is a pseudonym. Write RiskManager@RiskManagers.us for details.