What is Bardon?
Bardon Insurance Group operates as a Managing General Underwriter, providing medical excess loss coverage for single employer groups ranging from 25 to over 5,000 employee lives. Founded on principles of honesty, integrity, and excellence, Bardon aims to forge partnerships with Third Party Administrators who share these core values. This business model has fostered stability for both Bardon and its clientele within the often volatile healthcare insurance landscape. The company represents American National Insurance Company, which holds an A (Excellent) rating from A. M. Best. Bardon is also an active member of the Self-Insurance Institute of America (SIIA) and serves as a Stop Loss Service Partner for the Society of Professional Benefit Administrators (SPBA).
How much funding has Bardon raised?
Bardon has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Bardon
PPP
Public-Private Partnership
What's next for Bardon?
With a history of stability and a recent strategic investment, Bardon is well-positioned for continued growth in the medical excess loss coverage sector. The company's focus on partnerships with like-minded TPAs, combined with its representation of a highly-rated insurer, suggests a strategy centered on deepening market penetration and enhancing its service offerings. Future developments are likely to involve expanding its client base and potentially exploring new coverage areas or technological integrations to further solidify its competitive advantage in the managing general underwriter space.
See full Bardon company page
