Guy Carpenter’s Carol Adams, Senior Vice President, Accident and Health Practice, collaborated with Oliver Wyman’s Marc Lambright, Senior Principal, on the Fall 2024 Stop Loss Market Update.
Guy Carpenter and Oliver Wyman are both businesses of Marsh McLennan.
The report highlights the significant growth in the stop loss market and the profitability challenges caused by recent market trends. It also discusses the increasing impact of high-dollar claims and therapies, and emerging opportunities to look at the stop loss market in new ways using artificial intelligence (AI) and advanced analytics.
The update also offers valuable insights into market trends, drivers of profitability, and how advanced analytical techniques can be used to address challenges in managing high-dollar claims.