HM Insurance Group · Pittsburgh, PA United States
Company Description
Phone: 412-544-1000
Fax: 412-544-1334
Toll Free: 800-328-5433
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HM Insurance Group makes the grade in employer stop loss coverage and other group health-related insurance products. A subsidiary of health insurer Highmark , HM Insurance offers stop loss policies to help self-insured companies protect themselves from catastrophic medical claims. It also sells supplemental health plans that cover critical illness, accidents, and hospitalization; the plans also include disability and life insurance components. Additionally, the firm has introduced a customizable limited benefit medical plan and provides administrative services such as COBRA administration and claims processing for self-insured groups. HM Insurance, which consists of four operating companies, operates nationwide. To read the full description, subscribe now.
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Key HM Insurance Group Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $540.8 |
| Employees | 750 |
HM Insurance Group Executives
10 executives listed for HM Insurance Group's Pittsburgh, PA location.
| Title | Name & Bio | Contact |
| President and CEO | Daniel Lebish | Network |
| SVP Operations and Information Technology | Matthew Piroch | Network |
| SVP Finance and CFO | Domenic Palmieri | Network |
Competition
Competitive Landscape for HM Insurance Group
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top HM Insurance Group Competitors
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