Managing general underwriter, National Underwriting Services, Inc, further expands One80’s market leading medical stop loss practice
BOSTON, Mass. — August 3, 2020 — One80 Intermediaries (One80), a national wholesale broker, program manager and insurance aggregator headquartered in Boston, today announced that it has acquired National Underwriting Services, Inc. (NUS), a full service managing general underwriter of medical stop loss insurance. Terms of the deal were not disclosed.
Founded in 1985 and headquartered in the San Antonio, TX area, National Underwriting Services is a specialty underwriter of medical stop loss coverage for self-funded employers across the United States.
At One80 Intermediaries we take pride in our customized approach to our products and services, meeting the specialized needs of our brokers and insureds. NUS shares these same values – whether it be a traditional PPO, Medical Reference Based Price or other stop loss programs, NUS is uniquely positioned to provide tailor made solutions to meet their customer needs.– Matthew F. Power, President of One80 Intermediaries.
NUS partners with Greenwich Insurance Company rated A.M. Best, A+ (Superior) and Fidelity Security Life Insurance Company rated A.M. Best, A (Excellent). Using a controlled distribution model, both NUS and their carrier partners deliver personalized and efficient service to a limited number of third party administrators and select producers throughout the country.
“One80’s Medical Stop Loss team is market leading and we very much look forward to partnering with them to best serve both new and existing customers,” said Tom Gage, President, National Underwriting Services, Inc.
One80 has proven underwriting success, a solid reputation for quick and accurate claims reimbursement and an on-going commitment to stop loss innovation. For these reasons we felt that One80’s entrepreneurial culture and dedication to industry leading service created the perfect fit for our team.– Dana Driscoll, Executive Vice President at NUS.
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