TPAC Underwriters, Inc. is a Managing General Underwriting firm located in Minneapolis, Minnesota. In business since 1991, TPAC works to protect employer’s self-funded plans by providing reliable and creative stop-loss solutions such as Spaggregate®, Specific, Aggregate and SmartShare® through Third-Party Administrators and fully-funded capitated drug card programs. With nearly 30 years in business, we take pride in finding original solutions to the problems our partners face.
TPAC believes in cultivating partnerships and focusing on the success of all involved parties. Our Partnership Philosophy is the starting point for these relationships, and our Renewal Philosophy enables us to assure our partners that working with TPAC is something special. But don’t take our word for it—hear from some of our most valued partners.
Meet TPAC’s Leadership Team
Michael Meloch has led TPAC through a period of dramatic growth and consistent profitability as President and now as CEO. Read More
John Nelson serves as TPAC’s president, holding overall responsibility for the company and its operations. Read More
VP of Underwriting
Ryan Newville has helped TPAC achieve consistent growth while aiding employers in transitioning to self-funding and staying self-funded. Read More
VP of Operations
Andy Niemi has held a variety of positions within finance and operations at TPAC, now serving as Vice President of Operations. Read More
HOW WE DO
TPAC’s success can be largely attributed to the fact that we work with a limited number of high-quality partners. TPAC’s creativity, experience, and strong partnerships allow flexibility to create unique stop-loss solutions for customized self-funded plans. With that flexibility there is a high demand for partners with expert administrative abilities. We believe that quality service will be delivered through strong relationships with our TPAs, brokers, and health plan partners. TPAC partners with companies—and, more importantly, with people—we trust, who are creative and help employers build and maintain health plans that members love.
At TPAC we do renewals a little differently than other MGUs. A renewal is much more than math. We understand that every relationship (TPA, broker, health plan, employer, and more) is unique! We certainly do analyze the claims and do a little math, but this is just part of the story. Every renewal is discussed with a team of underwriters and aside from the claims experience we consider the impact on the partnerships and the impact the partnerships are making on controlling the costs of each self-funded plan.
Our partners have direct access to our underwriters. This is invaluable as the underwriters are the decision makers and will help to explain the renewal decision. Additionally, our partners work together with our underwriters to solve problems, implement new ideas, and even lower rates! Our underwriters and our partners share the same goal of providing a competitive renewal with the protection that each self-funded plan needs.
We understand that our decisions affect the relationships of our partners and sometimes a renewal increase is larger than we all would hope. In these scenarios the value of strong partnerships is amplified. TPAC Underwriters does not force lasers on its renewals and will not issue a renewal greater than 99% with our preferred partners. We work hard to collaborate with all of our partners to provide creative and cost-effective solutions for all of our self-funded plans.
HOW WE DO
Trustworthy and Transparent
“Trust and Transparency are vital to what we do at TPAC. My favorite part of the entire job is growing relationships and getting to know people—not just at work but outside of work.” – Jacob Fast, Underwriter, TPAC