Roundstone

Roundstone

Insurance

Rocky River, Ohio 5,221 followers

We help small to midsize companies confidently self-insure through our group captive & provide better health benefits.

About us

Roundstone is an innovative employee health benefits company. We help small and midsize organizations offer competitive benefits at a lower cost by self-funding their health insurance through our group medical captive. The Roundstone Captive enables companies to self-insure safely by pooling hundreds of employers together to share risk and save money. With easy onboarding and personalized support every step of the way, the Captive offers control, flexibility, transparency, and returns all savings back to employers where they belong. Unlike other captives that outsource their underwriting to behemoth insurance companies, Roundstone has underwriters in-house that specialize in pricing stop loss coverage for businesses sharing risk in a group captive. In an industry shrouded in misaligned incentives, we believe in always aligning with the employers’ best interests and remain committed to our mission – quality, affordable healthcare and a better life for all.

Industry
Insurance
Company size
51-200 employees
Headquarters
Rocky River, Ohio
Type
Privately Held
Founded
2003
Specialties
Self-Funded Health Insurance, Self-Insurance, Healthcare Cost Containment, Specialty Insurance Program Development, Employee Benefits, Group Medical Captives, Captive Management, Insurance Program Management, Reinsurance, Medical Stop Loss, Captive Insurance, and Stop-Loss Insurance

Locations

Employees at Roundstone

Updates

  • View organization page for Roundstone, graphic

    5,221 followers

    One of our core values, Live Well, is behind our full commitment to help build the new Urban Community School's Athletic Center. Their effort to support the surrounding Cleveland area echoes what we stand for here at Roundstone. We're constantly searching for ways to encourage our internal and external community members to live well — whether looking for a better healthcare insurance alternative or an accessible space in Cleveland where students can move, strengthen their bodies and achieve their athletic goals.

  • View organization page for Roundstone, graphic

    5,221 followers

    We're implementing a new healthcare network, Healthcare Highways to offer additional competitive options for clients in Texas, Oklahoma, and Louisiana. As early as November 1, our Regional Practice Leaders will be ready to bind groups in these states as we become even more competitive in regional markets. Congratulations to the Bywater team for getting us closer to achieving our goals.

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  • View organization page for Roundstone, graphic

    5,221 followers

    We are so incredibly thankful to work with Molly Schroeder and be led by Michael Schroeder. Their passion for service and education, and their dedication to our community are reflected in the core of Roundstone's mission — to provide affordable healthcare for all. Congratulations to them for their contributions and impact on Greater Cleveland!

    View organization page for Urban Community School, graphic

    464 followers

    Urban Community School and Re:Source Cleveland is thrilled to announce that Molly Schroeder and Michael Schroeder have been named recipients of the Greater Cleveland Association of Fundraising Professionals’ 2024 Philanthropist of the Year Award. On Thursday, November 7, they will be honored at National Philanthropy Day, which celebrates outstanding local philanthropic achievements. Please join us in congratulating the Schroeders for their remarkable contributions to our campus and community! Roundstone

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  • View organization page for Roundstone, graphic

    5,221 followers

    Real clients, real savings! Join Rob Hamilton, EVP of Sales at Roundstone, and Mark Miller President of LD Management, on October 30 for part two of our "The Distribution Explained" webinar series. Learn how Roundstone has created positive financial outcomes for LD Management and explore the financial strategies that lead to surplus distributions. You'll also get tips, tricks, and best practices for optimizing your organization's participation in our captive to achieve maximum benefits. Register now: https://lnkd.in/e49hgqzM

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  • View organization page for Roundstone, graphic

    5,221 followers

    While fully insured options offer a "Set it and forget it" mindset, this can result in limited flexibility and a lack of transparency, restricting your ability to manage rising costs. When you're self-funded, you get a more tailored, data-driven way to manage healthcare costs. Learn what self-funding can do for you: https://lnkd.in/gcX5Qiby

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  • View organization page for Roundstone, graphic

    5,221 followers

    It’s a big day for Roundstone! We have officially moved into our new three-story headquarters in Rocky River. The building features art inspired by the former Cowan Pottery factory and is large enough to house our growing team. We’ve expanded our team by 23% since 2023 and, as one of Northeast Ohio’s top workplaces for 5 years running, it’s easy to understand why. Learn more about joining our team: https://lnkd.in/gkEiVh3V “With the company’s growth over the last few years, we’re excited to have a space for all members of our Roundstone team to collaborate day in and day out. While leaving our space in Lakewood is bittersweet, we look forward to continuing to support the Greater Cleveland Area.” - Michael Schroeder

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  • View organization page for Roundstone, graphic

    5,221 followers

    As the headlining sponsor of Re:Source Cleveland’s RE:AP event this weekend, Roundstone employees were able to experience local cuisine and live entertainment. Roundstone is passionate about supporting lifelong learning and education, which Re:Source Cleveland accomplishes by helping resettled families grow roots, and supporting them in becoming engaged, self-sufficient and contributing members of Cleveland.

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  • View organization page for Roundstone, graphic

    5,221 followers

    Every year, we have the pleasure of hosting the incredible Dave Chase, Health Rosetta-discovering archaeologist for one of our favorite webinars, and this year was no exception. Together with Michael Schroeder and Rob Hamilton, they delved into how advisors can empower their clients to discover the keys to self-funding success. If you missed the live session or want to revisit the highlights, the on-demand recording is now available ➡ https://lnkd.in/ezFD97AT Don't miss out on the opportunity to elevate your advisory practice! #selffunding #benefitadvisors

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  • View organization page for Roundstone, graphic

    5,221 followers

    On September 20th, our Founder and President Michael Schroeder helped break ground on The Roundstone Pavillion at the Ohio City Farm, a first-of-its-kind farm building. The Pavillion will allow the farmers to work year-round and offers a space for further collaboration in Cleveland. We're committed to supporting organizations that reflect our core values of intellectual curiosity, living well, owning it and working smarter. Re:Source Cleveland does exactly that. Through the strong leadership of Patrick Kearns, the organization shares an astonishing amount of resources with refugee families. With a strong commitment to learning, the organization teaches English and provides jobs to the city's newcomers. The Pavillion will allow the farmers to work year-round. The space also features an operational commercial kitchen for local chefs and food entrepreneurs as well as a farm store. Learn more about the project here: https://lnkd.in/emFvdfDb

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