The subsidiaries of HM Insurance Group, LLC HM Life Insurance Company, HM Life Insurance Company of New York, and Highmark Casualty Insurance Company (collectively referred to as HM Insurance Group) work to protect employers and health care entities across the country from the financial risks associated with catastrophic health care costs. With nearly 35 years in the market, HM Insurance Group is among the top carriers nationally for stop loss insurance, protecting self-funded clients from the financial loss associated with unexpected large or catastrophic claims. Similarly, HM Insurance Group's managed care reinsurance product line delivers optimal coverage for the financial protection of risk-bearing entities such as HMOs, health plans and provider organizations.
HM Insurance Group is headquartered in Pittsburgh, has offices in 19 locations nationwide, and is licensed in 50 states and the District of Columbia.
HM Insurance Group responds to market changes and works with clients to ensure their coverage needs are met with expert risk assessment, excellence in operational performance, and successful cost containment practices that optimize coverage.
Through its stop loss business, HM Insurance Group sees firsthand the debilitating effects of catastrophic conditions. To make a meaningful, positive impact, HM Insurance Group provides financial support, hours of volunteerism, and a commitment to corporate responsibility in communities where it does business. In 2019, HM Insurance Group directed approximately $232,000 to more than 55 different nonprofit organizations.
HM Insurance Group ranks among the nation's top stop loss carriers, providing self-funded groups with protection against financial risks associated with health care costs. (Source: MyHealthGuide Newsletter for the Self-Funded Community, "Stop Loss Premium Ranking," June 2019)
HM Insurance Group earned gross revenues of nearly $1 billion in 2019.
In 2019, HM Insurance Group directed approximately $232,000 in donations to more than 55 charitable organizations that assist community members in need.