{"id":51702,"date":"2024-01-17T09:46:01","date_gmt":"2024-01-17T14:46:01","guid":{"rendered":"https:\/\/roundstoneinsurance.com\/?p=51702"},"modified":"2024-08-28T14:03:31","modified_gmt":"2024-08-28T18:03:31","slug":"roundstone-announces-another-year-of-remarkable-growth","status":"publish","type":"post","link":"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-announces-another-year-of-remarkable-growth\/","title":{"rendered":"Roundstone Announces Another Year of Remarkable Growth"},"content":{"rendered":"<div id=\"1271249969\" class=\"dmRespRow u_1271249969 blog-post-row\">\n<div id=\"1285291249\" class=\"dmRespColsWrapper\">\n<div id=\"1541917267\" class=\"u_1541917267 dmRespCol small-12 medium-12 large-12\">\n<div id=\"1699323766\" class=\"dmNewParagraph\" data-element-type=\"paragraph\" data-version=\"5\">\n<p class=\"m-size-18 size-23\"><span class=\"TextRun SCXW78877824 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW78877824 BCX8\">More e<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\">mployers choosing\u00a0<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\">the <\/span><span class=\"NormalTextRun SCXW78877824 BCX8\">Roundstone<\/span> <span class=\"NormalTextRun SCXW78877824 BCX8\">Captive<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\"> for<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\"> proactive<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\">, long-term<\/span><span class=\"NormalTextRun SCXW78877824 BCX8\"> approach <\/span><\/span><span class=\"TextRun SCXW78877824 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW78877824 BCX8\">to managing healthcare costs and outcomes<\/span><\/span><span class=\"EOP SCXW78877824 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"1471232539\" class=\"dmRespRow u_1471232539 blog-post-row\">\n<div id=\"1292474755\" class=\"dmRespColsWrapper\">\n<div id=\"1668470589\" class=\"dmRespCol large-12 medium-12 small-12 u_1668470589\">\n<div id=\"1490357751\" class=\"dmNewParagraph\" data-element-type=\"paragraph\" data-version=\"5\" data-styletopreserve=\"{\">\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\"><strong>LAKEWOOD, OH, January 18, 2024<\/strong> \u2013 Roundstone, a trailblazer in employee health benefits, ended 2023 on a high note, experiencing 27% growth in premium revenue and achieving milestones across every part of the organization. The continued success\u00a0of the Roundstone Captive for employer-sponsored health plans demonstrates\u00a0that an increasing number of businesses\u00a0are open to an innovative, proactive, and long-term approach to managing healthcare costs and outcomes.\u00a0 <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><br \/>\n<span data-contrast=\"auto\">The Roundstone Captive solution enables self-funded employers to design and implement highly effective health plans for employees, deliver affordable and quality care, and customize for unique workforce needs. Roundstone enables employers to stabilize and control\u00a0healthcare spending with proven cost containment solutions, flexibility in plan design, full transparency, and all savings back to employers where they belong.\u00a0 <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<blockquote><p><strong><em>\u201cThere\u2019s nothing more personal than healthcare,\u201d said Michael Schroeder, President and Founder of Roundstone.<\/em><\/strong><br \/>\n<strong><em> \u201cYet we have witnessed the\u00a0industry standards deteriorate with rising costs, no transparency, and one-size-fits all\u00a0service.\u00a0 Roundstone believes that employers and their employees deserve more. We are committed to delivering customer success by ensuring desired outcomes and enriching the overall experience. We empower employers to create a sustainable healthcare strategy that truly caters to the unique needs of their company and culture.\u201d \u00a0<\/em><\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Savings Returned to Employers:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">$11.2 million u<\/span><span data-contrast=\"auto\">nspent captive premium distributed pro rata in 2023<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Average distribution in 2023 was 6.32% of gross written premiums<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Revenue and Customer Growth\/Retention:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">27<\/span><span data-contrast=\"auto\">% growth in premium\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Added more than <\/span><span data-contrast=\"auto\">277 new employers for <\/span><span data-contrast=\"auto\">29.12% growth <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Retained 90% of current customers<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Employment Growth and Company Culture:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Increased employee count to 155, growing staff by 16.5%<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Named a winner of the <\/span><a href=\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-named-a-winner-of-the-northeast-ohio-top-workplaces-2023-award\/\"><span data-contrast=\"none\">Northeast Ohio Top Workplaces 2023 Award<\/span><\/a><span data-contrast=\"auto\"> by Cleveland.com\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Appointed industry veteran <\/span><a href=\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-announces-appointment-of-chief-financial-officer\/\"><span data-contrast=\"none\">Jonathan McCorkle as CFO<\/span><\/a><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">Broke ground on new company headquarters in Rocky River, OH<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Industry Recognition<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"auto\">Named one of the <\/span><a href=\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-named-on-the-inc-5000-list-of-fastest-growing-companies-for-6th-consecutive-year\/\"><span data-contrast=\"none\">fastest-growing private companies in America by Inc. 5000<\/span><\/a><span data-contrast=\"auto\"> for the sixth\u00a0consecutive year\u00a0\u00a0 <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Thought Leadership<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"auto\">Held its annual <\/span><a href=\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/mcf-2023-recap-the-roundstone-group-captive-makes-the-mission-of-affordable-benefits-possible\/\"><span data-contrast=\"none\">Medical Captive Forum in Chicago, IL<\/span><\/a><span data-contrast=\"auto\"> in May with 300+ attendees<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h2><b><span data-contrast=\"auto\">About Roundstone<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\">Roundstone is an innovative employee health benefits company. We help small and midsize organizations offer competitive benefits at a lower cost by self-funding health insurance through our group medical captive. The Roundstone Captive enables companies to self-insure safely by pooling hundreds of employers together to share risk and save money. With easy onboarding and personalized support every step of the way, the Captive offers control, flexibility, transparency, and returns all savings back to employers where they belong. We believe in always aligning with the employers\u2019 best interests and remain committed to our mission \u2013 quality, affordable healthcare and a better life for all.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p class=\"excerpt\">More employers choosing\u00a0the Roundstone Captive for proactive, long-term approach to managing healthcare costs and outcomes\u00a0 &nbsp; &nbsp; LAKEWOOD, OH, January 18, 2024 \u2013 Roundstone, a trailblazer in employee health benefits, ended 2023 on a high note, experiencing 27% growth in premium revenue and achieving milestones across every part of the organization. The continued success\u00a0of the [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":51722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1834],"tags":[],"class_list":["post-51702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-events"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v25.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roundstone Announces Another Year of Remarkable Growth | Roundstone Insurance<\/title>\n<meta name=\"description\" content=\"Roundstone announced a robust year of remarkable growth as it offers companies better options for healthcare benefits by self-funding under a captive.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" 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class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-announces-another-year-of-remarkable-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstone-announces-another-year-of-remarkable-growth\/\"},\"author\":{\"name\":\"Roundstone Team\",\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/#\/schema\/person\/490a8b7f74b7ed0a43ffe814c2263eff\"},\"headline\":\"Roundstone Announces Another Year of Remarkable 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