Sequoia Reinsurance Services, IOA Re and Rockport Benefits Form Carbon Stop Loss Solutions
New singular brand spotlights innovative employer stop loss and managed care offerings that are stronger by design
CONSHOHOCKEN, PA, August 28, 2024 – Sequoia Reinsurance Services, IOA Re and Rockport Benefits — subsidiaries of NSM Insurance Group — today announced they are uniting under a new brand, Carbon Stop Loss Solutions (“Carbon”), to deliver the industry’s leading reinsurance and stop loss solutions.
NSM acquired all three entities in March 2023 and strategically merged them to create a unified sales and service platform to deliver increased value and enhanced resources to brokers, TPA partners and clients. Carbon is now an even stronger organization by combining the best-in-class offerings, world-class carriers and decades of stop loss and managed care expertise from industry leaders Sequoia, IOA Re and Rockport.
“By uniting the cutting-edge risk solutions and expertise of three trusted legacy organizations, we are now formally joining forces as the singular leader for employer stop loss and managed care solutions that deliver financial security,” said Dan Bolgar, CEO of Carbon Stop Loss Solutions. “Like the essential element, Carbon represents the critical solutions that we deliver for brokers and their clients that embodies the strength, resilience and innovation that we are known for across the reinsurance industry.”
With a focus on lowering costs, managing medical risks and providing best-in-class coverage for catastrophic losses, Carbon enables self-insured employer groups, HMOs, physician groups and other healthcare providers to navigate an extremely complex healthcare environment and protect their organizations.
Bolgar added, “Our partners and clients can rely on us for the same market-leading solutions, expertise and service they always have received from us. Our combined teams will allow us to deliver even faster service, competitive pricing and a broader portfolio of solutions for a wide range of clients.”
To learn more about Carbon’s innovative employer stop loss and managed care offerings, visit carbonstoploss.com.
About NSM Insurance Group
NSM Insurance Group is a global specialty insurance provider, exclusively focused on building successful insurance programs. For more than 30 years, NSM has been committed to delivering industry-specific insurance programs that help agents meet the unique needs of their customers and fuel market growth through innovative development, underwriting, distribution and claims expertise. The company has built more than $1.8 billion in premium across 25+ specialty insurance programs and brands around the world focused on collector cars; student health and travel; social services and behavioral health; addiction treatment; coastal condominiums; community associations; towing and garage; trucking; sports and fitness; professional liability for architects, engineers and lawyers; habitational; commercial and residential contractors; medical stop loss and managed care; staffing; and workers’ compensation. For more information on NSM, visit nsminc.com.