VAULT Strategies

What VAULT Strategies does

VAULT Strategies is a privately held, vertically integrated healthcare benefits and insurance organization headquartered in Bloomington, Illinois, founded in 1992 by Jay A. Jensen as Jensen Tax and rebranded to its current form in 2002. The company operates a family of wholly owned subsidiaries — including Vault Admin Services (third-party administration), Vault Cares Network (curated provider network), Vault Captive, Vault Health Plan, Vault Risk Management Solutions, Vault Risk Solutions, Vault Senior Living, Precise Benefits Group, and Insight Benefits Group — that together cover plan design, insurance underwriting, claims administration, stop loss, captive formation, payroll, and property & casualty/workers' compensation. Products are sold primarily through direct employer sales and a broker/consultant channel, with member-facing access via the MediConnx portal and the Benefits Hero mobile app, and a Clever Health partnership provides embedded telemedicine. Plans span self-funded (50+ employees), level-funded (2–75), fully-insured (2+), ACA-compliant, ICHRA, and a small-employer program for groups of one, with company-claimed average savings of 20% versus traditional insurance.

Underlying technology centers on the Vault Admin Services TPA platform, which handles plan documents, eligibility and enrollment, vendor management, claims, billing, ID cards, care navigation, mailroom, and reporting/analytics. Member experience runs through the MediConnx web portal (claims history, EOBs, ID cards, in-network provider search) and the Benefits Hero mobile app. The Vault Cares Network layer adds curated specialty providers — including Velocity National Provider Network (100,000+ providers, 2,000 hospitals), PlacidWay (60+ countries for medical tourism), and a 2024–2025 wave of oncology, mental health, addiction, regenerative medicine, and diagnostics partners — and is positioned to address high-cost-claimant and misdiagnosis exposure (company-cited data point: 6–9% of members driving 80–90% of plan dollars). Pricing is fully quote-based and monthly, with revenue streams spanning insurance premiums, TPA fees, stop loss commissions/underwriting, captive management, payroll, and P&C premiums. The company serves employers of all sizes across all 50 states, distributing through offices in 10+ cities and a national broker channel, with 11–50 employees disclosed at the parent level.

Name

VAULT Strategies

Legal name

Vault Strategies

Website

https://allthingsvault.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

VAULT Strategies is a privately held, vertically integrated healthcare benefits company headquartered in Bloomington, Illinois, offering self-funded, level-funded, ACA, and captive insurance plans alongside third-party administration, stop loss, payroll, and a curated provider network to employers of all sizes across all 50 states.

Ownership category

akta.pro rank

Product category

Employee Benefits Administration and Health Insurance Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Health and Welfare Funds (525120)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support) (HLAEALAB)

akta.pro secondary industry

Group Life Administration/Enrollment Platforms (TPA & Benefits Admin) (FSAIADAJ)

Keywords

• Employee health benefits
• Third-party administration
• Stop loss insurance
• Captive insurance solutions
• Benefits consulting services

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Insurance Premiums: Revenue generated from fully-insured, level-funded, and self-funded health insurance plans where Vault collects premiums or manages employer contributions to fund employee healthcare
2. Third-Party Administration (TPA) Fees: Fees charged for administrative services including claims processing, eligibility management, billing, and compliance handling through Vault Admin Services
3. Stop Loss/Risk Management: Stop loss insurance products and risk management services through Vault Risk Management Solutions, providing coverage for self-funded plans and managing aggregate claim estimates
4. Captive Insurance: Formation and management of captive insurance entities for self-coverage, allowing companies to bypass traditional insurance options with potential financial gains when claims are lower than anticipated
5. Payroll Solutions: Full-service payroll processing including accurate wage calculation, deductions, tax filing, compliance, direct deposits, and employee self-service options
6. Property & Casualty/Workers Comp: Workers compensation insurance and property & casualty coverage through Vault Risk Solutions, covering medical expenses, wage replacement, and disability benefits

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

VAULT Strategies is a vertically integrated healthcare and employee benefits ecosystem offering customized health insurance plans (self-funded, fully-insured, level-funded, ACA-compliant), third-party administration (TPA) services through Vault Admin Services, stop loss and risk management through Vault Risk Management Solutions, captive insurance solutions through Vault Captive, and access to a vetted provider network through Vault Cares Network. The company serves employers nationwide with complementary services including payroll, property & casualty/workers comp, cost containment, and pharmacy benefits management.

Product overview

VAULT Strategies is a vertically integrated healthcare and employee benefits ecosystem offering a comprehensive suite of products and services. The core offerings include Vault Admin Services (TPA) for claims administration and processing, Vault Cares Network for curated healthcare provider access, Vault Captive for self-insurance solutions, Vault Risk Management Solutions for stop loss coverage, and Cost Containment services for healthcare spending optimization. These core services are complemented by a portfolio of insurance products including Self-Funded Solutions, Fully-Insured Plans, Level-Funded Health Plans, ACA-Compliant Health Plans, Small Employer Programs, and ICHRA options. Additional value-added services include Telemedicine (via Clever Health partnership), Pharmacy Benefits Management, Supplemental Coverage (dental, vision, life, disability), Payroll Solutions, and P&C/Workers Comp insurance. Members access services through the MediConneX Member Portal and Benefits Hero mobile application. The company also operates subsidiaries Precise Benefits Group and Insight Benefits Group. The ecosystem integrates risk assumption, policy underwriting, and TPA services under one roof to provide flexible, customized healthcare benefits solutions for employers nationwide.

Differentiator

Problem solved

Functional benefit

Brands

• Benefits Hero: Mobile app providing centralized benefits access, integrated guidance, and rewards for members to navigate health plan, benefits, prescriptions, claims, telemedicine, and ID cards.
• Clever Health

Quantifiable outcome

• 20% average savings compared to traditional insurance plans
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core.

• PlacidWaycoreStrategic or Co-development Partner · 8 May 2025Vault Cares Network partnership with PlacidWay, a global leader in medical tourism with a network of over 2,000 accredited medical centers in more than 60 countries. Together they offer expanded access to world-class medical treatments, specialized surgeries, second opinions, and advanced treatments at reduced costs with shorter wait times.
• GnosiscoreTechnology or Integration · 2 December 2024Vault Cares Network partnership with Gnosis, an industry leader in advanced diagnostic testing founded in 2013. Gnosis provides pharmacogenomics (PGx), toxicology, and infectious disease testing services, helping providers prescribe medications patients will metabolize well. The partnership enhances Vault's ability to deliver personalized medicine and reduce adverse drug events.
• Velocity National Provider Network (VNPN)coreTechnology or Integration · 15 November 2024Vault Cares Network partnership with Velocity National Provider Network, a leading health insurance network with over 100,000 providers, 2,000 hospitals, and 2 million current members. VNPN offers flexible, member-driven healthcare with both in-network and out-of-network options and allows members to nominate new providers.
• First Tracks HealthcoreStrategic or Co-development Partner · 11 June 2024Vault Cares Network partnership with First Tracks Health, a modern mental health system offering innovative treatment options for members with severe mental health needs. First Tracks leverages advanced analytics to determine most effective treatments at optimal times, ensuring personalized care pathways.
• Beverly Hills Cancer Center and Optima Diagnostic ImagingcoreStrategic or Co-development Partner · 5 June 2024Vault Cares Network strategic collaboration with Beverly Hills Cancer Center and Optima Diagnostic Imaging to redefine cancer care standards. The partnership offers multidisciplinary oncology team, cutting-edge treatments, consultations, diagnostic tests, and treatment all under one roof.
• JourneyPure and OMT Addiction CenterscoreStrategic or Co-development Partner · 29 April 2024Vault Cares Network partnership with JourneyPure and OMT Addiction Centers delivering pioneering substance abuse and mental health treatments. JourneyPure operates residential and outpatient facilities in Tennessee, Kentucky, Florida, Ohio, Massachusetts, and Texas with facilities offering transformative care and tailored accommodations.
• Global Alliance for Regenerative Medicine (GARM)coreStrategic or Co-development Partner · 19 April 2024Vault Cares Network partnership with GARM, a pioneering facility in the Bay Islands of the Western Caribbean specializing in stem cell regenerative therapies. GARM provides minimally invasive, customized treatments for orthopedic and spine patients with little to no downtime, led by Dr. Glenn C. Terry with a decade of regenerative medicine experience.
• Clever HealthcoreTechnology or IntegrationVault Health Plans partnership with Clever Health for telemedicine services. Clever Health provides access to board-certified licensed medical doctors 24/7 365 days per year through smart virtual care, virtual primary care, mental health services, prescription discounts, and virtual pet care. Over 97% of users report feeling better after using the service.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Sun Life Financial: Sun Life U.S. is a top stop-loss carrier and group benefits provider — directly comparable to Vault Risk Management Solutions on stop-loss products and group benefits administration.
• Sedgwick: Sedgwick is a major TPA and claims management firm serving employer health and disability plans — overlaps with Vault Admin Services on third-party administration scale and capability.
• Marsh McLennan: Marsh McLennan (Marsh, Mercer, Oliver Wyman) is the largest insurance broker with captive insurance consulting and global benefits operations — competes with Vault at the upper end of the captive and stop-loss market.

Direct peers

• OneDigital: OneDigital is a mid-market-focused employee benefits, insurance, and HR consulting firm combining brokerage, TPA, and retirement services — the closest direct analog to Vault's vertically integrated benefits stack.
• NFP (an Aon company): NFP is a middle-market insurance broker and consultant with proprietary benefits administration, captive, and stop-loss capabilities — directly comparable in service mix and target employer size to Vault.
• Alliant Insurance Services: Alliant is a national specialty insurance brokerage serving mid-market employers across benefits, P&C, and surety — overlapping with Vault's employer-facing brokerage and consulting motion.
• USI Insurance Services: USI is a top-10 U.S. insurance brokerage delivering property/casualty, employee benefits, and risk management to mid-market clients — comparable employer-facing brokerage and benefits consulting footprint.
• Brown & Brown: Brown & Brown is a publicly traded insurance brokerage with deep employee benefits, stop-loss, and program business — competes for the same employer accounts and broker partnerships as Vault.
• HUB International: HUB International is a global insurance brokerage with strong benefits consulting and TPA-adjacent capabilities — directly comparable to Vault in mid-market employer benefits distribution.
• Lockton: Lockton is the world's largest independent insurance brokerage with substantial employee benefits practice — comparable in benefits consulting, stop-loss placement, and captive advisory to Vault.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/AllThingsVault
• Facebookfacebook.com/VaultStrategies
• LinkedInlinkedin.com/company/allthingsvault
• Instagraminstagram.com/allthingsvault

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VAULT Strategies