Woodbury, New Jersey Sep 10, 2024 (Issuewire.com) - Excess Reinsurance (XSRE), a leader in the stop loss insurance industry, is proud to announce its 35th anniversary. This significant milestone marks three and a half decades of innovation, dedication, and unwavering commitment to safeguarding businesses' futures with unparalleled stop-loss solutions.
Since its founding over 35 years ago, Excess Reinsurance has grown from a small team to a robust organization featuring sales and underwriting professionals, a comprehensive claims department, a substantial software development team, a growing actuarial staff, and seasoned administrative support. Excess Reinsurances growth over the years has been marked by innovation and adaptation to clients evolving needs, including pioneering solutions like cell and gene therapy carve-outs, level-funded plans, and MEC plans.
Excess Reinsurance's team of stop-loss experts has made significant contributions to the industry, setting benchmarks for excellence and reliability. Other industry players have come and gone, but XSRE has remained strong, growing through challenges and continuously enhancing reinsurance capabilities.
"Celebrating 35 years is a momentous occasion for us, said Brian Zidek, President of Excess Reinsurance. It reflects our long-standing commitment to excellence and our firm dedication to protecting our clients' futures. We are immensely proud of our journey and the impact we've had on the industry."
"Our success over the past 35 years is a direct result of the hard work and dedication of our exceptional team, said Parker Gordon, Senior Vice President, Excess Reinsurance. We remain focused on delivering innovative and comprehensive risk management solutions that meet the unique needs of our clients."
Looking to the future, Excess Reinsurance is committed to continued growth and innovation, creating value for every client by building a future rooted in protection and partnership.
About Excess Reinsurance
Founded in 1989, Excess Reinsurance was one of the first managing general underwriters in the nation, starting as a stop-loss underwriting firm. Over the past 35 years, what began with a small team of three underwriters has grown into a dynamic organization.
Beyond their origins, Excess Reinsurance has continually evolved, expanding offerings to include innovative solutions such as gene therapy protection, reference-based pricing strategies with legal defense coverage, and specialized plans like Minimum Essential Coverage (MEC) and Minimum Value Plans (MVP). Their sister company, Argo Capital Group, established in 1996, further strengthens their capabilities by facilitating risk-sharing partnerships for clients. Today, Excess Reinsurance underwrites stop-loss policies for over a thousand groups annually, while consistently upholding their core values of integrity, stability, innovation, and quality service.
For more information, visit www.excessreinsurance.com.
Source :Excess Reinsurance
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