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Roundstone Insurance Announces $2M Distribution to Captive Participants

2 reports, 2 independent Updated Oct 23
Gone quiet Reached 2 outlets in its first 24 hours
Reports
2
Developments
2
Repetition
0%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Roundstone Insurance announced distributions exceeding $2 million to its July 2025 captive participants. Founder and President Michael Schroeder stated that the distribution reflects the strength of the company's group captive model and its commitment to helping employers reduce healthcare costs.

From prnewswire.com

Why it matters

Some supportBrind's analysis of the reports

Roundstone's average per-employee-per-year healthcare cost is $12,553, which is nearly $5,000 lower than the industry average of $17,369, according to a recent Mercer study. The company noted that its captive participants experienced an average renewal increase of 7%.

From prnewswire.com

Who's involved

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How it developed

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  1. Michael Schroeder is linked to Rocky River, Ohio.1 source
  2. Patrolman Greg King was involved in an incident in Rocky River, Cuyahoga County, Ohio.1 source

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Coverage

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