Through its proprietary Precision Risk approach, Granular Insurance is able to segment risk, reduce variability and deliver a more accurate assessment of a client’s exposure.
Traditional employer stop-loss treats a covered population as a unit and builds protection around a single attachment point. With its Precision Risk approach, Granular segments a population into as many as 22 unique cohorts. By doing this, Granular is able to more accurately assess risk, monitor and impact the group’s performance, shift risk from the employer to the carrier and better manage costs.
The road ahead is uncharted. When it comes to insurance, nobody likes surprises. Granular Insurance places self-funded employers on a path of certainty with its multi-year rate and benefit guarantee: a meaningful cap on annual premium increases with moderate and predictable changes to an employers’ spec.
There will always be variability. Granular’s Precision Risk underwriting delivers better estimators and tighter clusters of expected claims costs across the employers’ population, allowing Granular to offer attractive rates and multi-year rate and benefit guarantees.
With its Precision Risk approach, Granular Insurance offers protection from higher frequency and higher volatility claims through a mix of specific employer stop-loss deductibles, lowering employer risk both at the member level and overall level. This helps shift risk from employer to Granular.