ABOUT BLOOM

Bloom is a Delaware-based cell captive insurance product offering a turnkey captive funding option for companies and groups that don't have the resources or appetite to form their own stand-alone captive.

​

Bloom is powered by the award-winning actuaries, consultants and underwrites of Spring Consulting Group, but operates as its own entity.

HOW IT WORKS

Benefits and P&C coverages

A platform for a group solution for mid-sized entities

A less expensive, more transparent alternative

Best-in-class vendors with pre-negotiated agreements

​

Bloom is set up with separate "series cells" to provide entities an opportunity to participate in the results of the insurance programs. By joining Bloom, companies have access to:

​

BLOOM ADVANTAGES

SAVINGS

SAVINGS

Average savings of 5-25% vs. a commercial carrier

RISK MANAGEMENT

Operate and manage a central risk pool with appropriate reinsurance for your peak risks

TURNKEY OR CUSTOMIZED

Use our pre-vetted, best-in-class vendors and ready-to-go structure, or tailor your program to unique needs

CONTROL

Customized program with improved reporting and claims cost management

TURNKEY OR CUSTOMIZED

Use our pre-vetted, best-in-class vendors and ready-to-go structure, or tailor your program to unique needs

TRANSPARENCY

You'll know where every dollar is going and be aware of any changes before they're made

ECONOMIES OF SCALE

By joining together with other groups, additional savings can be achieved over time through things like carving out Rx

WHO CAN LEVERAGE BLOOM?

Best suited for small and mid-sized companies

Organizations without the ability, resources, or appetite to develop their own single-parent captive

Particularly those seeking additional or alternative medical stop-loss or P&C coverage

GET IN TOUCH TO LEARN MORE