Ft. Wayne, Indiana, August 5, 2009 Summit Reinsurance Services, Inc. (Summit Re) is pleased to announce it is now a “Preferred Vendor” for The Association of Community Affiliated Plans (ACAP). Summit Re, in association with Swiss Re, provides consultation, analysis and products to effectively manage or eliminate catastrophic claim exposure.
“ACAP members manage some of the neediest members in the country and reinsurance of potential catastrophic claims is an important tool for them to continue to be successful in what they do”, said Brian Fehlhaber, vice president and principal of Summit Re. “In addition, our Summit ReSources program provides medical management solutions for catastrophic claims to reduce cost while maintaining the quality of care. As a leader in managed care reinsurance, we look forward to serving the member health plans of ACAP”
Meg Murray, executive director of ACAP, said, “We are delighted to have Summit Re as our newest Preferred Vendor.”
ABOUT Summit Re – Summit Re is a full service managing underwriter with an exclusive relationship with Swiss Re, a leading and highly diversified reinsurer, to provide excess-of-loss coverage to health plans and insurers. Summit Re helps clients analyze, transfer and manage risk to protect their financial stability. Headquartered in Fort Wayne, IN, the company has offices in Minneapolis, MN, Jacksonville, FL, Charlotte, NC, Golden, CO and Indianapolis, IN. More information is available at http://www.summit-re.com <http://www.summit-re.com/> .
ABOUT ACAP - The Association for Community Affiliated Plans is a national trade association representing 42 nonprofit safety net health plans in 23 states. ACAP’s mission is to represent and strengthen not-for-profit, safety net health plans as they work in the communities to improve the health and well being of vulnerable populations. Collectively, ACAP plans serve over 6 million enrollees, over 50% of individuals enrolled in Medicaid-focused health plans.
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