News

HM Insurance Group Announces Managed Care Reinsurance Vice President

October 10, 2019

Robert Melillo has joined HM Insurance Group (HM) in the role of vice president, sales and account management, for the company’s managed care reinsurance line of business. In this role, he is responsible for product distribution and new business development, along with the expansion of HM’s market presence in the managed care reinsurance space.

“I’ve known Rob for years, and his understanding of reinsurance is exceptional,” Tom Doran, president, HM Insurance Group, said. “He uses his high-level market knowledge to bring a consultative approach when working with partners and clients, and that aligns well with how we do business at HM.”

Melillo has more than 20 years of insurance experience in underwriting, sales and product/business development across a variety of group benefit products, including managed care services. Most recently, he served as a principal consultant for RJM Consulting where he provided subject matter expertise to the self-funded health care marketplace. Prior to that, he served as the second vice president and head of stop loss at Guardian Life and national vice president, Risk Financing Solutions, at USI. Additionally, Melillo has worked at several other top insurance companies, including Sun Life Financial and GE Insurance Solutions (ERC), as well as in the Lloyd’s of London market.

HM’s managed care reinsurance product line includes health plan reinsurance and provider excess insurance. These products are designed to cover excess risk and work to reflect the changing dynamics of the health care market, aligning well with the company’s employer stop loss products and solutions.

About HM Insurance Group
HM Insurance Group (HM) works to protect businesses from the potential financial risk associated with catastrophic health care costs. The company provides reinsurance solutions that address risk situations confronting employers, providers and payers. A recognized leader in employer stop loss, HM also offers managed care reinsurance nationally. Through its insurance companies, HM Insurance Group holds insurance licenses in 50 states and the District of Columbia and maintains sales offices across the country. For more information about HM Insurance Group, visit hmig.com.