Cairnstone has changed its name to Munich Re Stop Loss effective immediately. The company is also adopting the brand identity of its parent company.
Cairnstone, an employer stop loss and provider excess loss insurance, was acquired by Munich Reinsurance America in 2007. The company is part of Munich Health, the organization under which Munich Re is offering its global healthcare sector products and services.
According to the company, with this name change it is fully integrated into Munich Health, underscoring its commitment to the US healthcare market.
Munich Re is a provider of solution-based expertise, consistent risk management, financial stability and client proximity. It operates in all lines of insurance, with around 47,000 employees. The primary insurance operations are concentrated in ERGO Insurance Group.
Paul Fallisi, president and CEO of Munich Re Stop Loss, said: Today represents an important milestone in our company’s history. The Munich Re brand is a well known symbol of financial strength and security in the marketplace. Our new name and brand strengthens our ability to distinguish ourselves in the employer stop loss and provider excess loss insurance markets.