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:
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