Stealth Partner Group - Comprehensive Analysis Report

Summary

Stealth Partner Group, an Amwins Company, is a specialized general agency (GA) in the U.S. that focuses on partnering with brokers, consultants, and third-party administrators (TPAs) to negotiate, implement, and manage medical stop-loss and ancillary benefits with top-tier carriers. Established in 2009, Stealth Partner Group was acquired by Amwins Group in October 2019 and subsequently merged with Stop Loss Insurance Services (SLIS) in early 2020, operating under the Stealth brand.

1. Strategic Focus & Objectives

Core Objectives

Stealth Partner Group focuses on stop loss and ancillary insurance solutions.

The company aims to build long-term partnerships.

They streamline management processes.

The organization emphasizes productive connections with carriers.

Specialization Areas

Stealth Partner Group specializes in stop loss and ancillary insurance solutions.

They offer expertise and a proven business model.

The company has a dedicated staff.

Target Markets

Stealth Partner Group partners with brokers, consultants, and third-party administrators.

They help these partners to manage medical stop-loss and ancillary benefits.

2. Financial Overview

Funding History

Stealth Partner Group has historically raised $0 in funding.

Amwins acquired Stealth Partner Group in October 2019 for an undisclosed amount.

3. Product Pipeline

Key Products/Services

State of the Market Report: Stealth Partner Group released its annual State of the Market Report in May 2024, providing insights into healthcare and employer stop-loss trends.

4. Technology & Innovation

Technology Stack

Stealth Partner Group uses its business model to deliver stop loss and ancillary benefit solutions.

5. Leadership & Management

Executive Team

Harley Barnes Jr.: Co-CEO.

Patricia Berridge: Co-CEO.

Anna Leifeld: President, PNW Region.

Chris Walker: President, Northeast Region.

Michael Hopkins: EVP Sales and Strategic Partnerships.

Michele Tarantino: Senior Vice President.

Mitch Rogers: Senior Vice President of Sales.

Rajiv Chand: VP, Finance.

Scott Campbell: Executive Vice President.

Todd Marcoux: Vice President, Northeast Region.

Recent Leadership Changes

Brad Mathews joined as Vice President in the southeast region in July 2023.

Todd Marcoux joined as Vice President in the northeast region in July 2023.

Kathy Phillips joined as Senior Vice President and Ancillary Benefits National Practice Leader in July 2023.

6. Competitive Analysis

Major Competitors

AccuRisk

Company overview: Competitor of Stealth Partner Group.

Focus areas: Stop loss and ancillary insurance.

East Coast Underwriters

Company overview: Competitor of Stealth Partner Group.

Focus areas: Stop loss and ancillary insurance.

Redirect Health

Company overview: Competitor of Stealth Partner Group.

Focus areas: Stop loss and ancillary insurance.

7. Market Analysis

Market Overview

The market is influenced by rising medical inflation and prescription drug costs.

There is increasing adoption of cost-containment strategies.

Employers are focusing on transparency and cost mitigation.

8. Strategic Partnerships

Stealth Partner Group partners with brokers, consultants, and third-party administrators to manage medical stop-loss and ancillary benefits.

9. Operational Insights

Stealth Partner Group aims to help drive new business and promote retention. The company also aims to provide support and develop strong relationships. By mid-summer 2025, Stealth's book is projected to hit $2.3B.