Gallagher Student Health & Special Risk

Name

Gallagher Student Health & Special Risk

Legal name

Arthur J. Gallagher & Co.

Website

https://gallagherstudent.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Student Health Insurance

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Student Health Insurance Plans (University-Sponsored) (FSAIAFAI)

akta.pro secondary industries

Student Health Insurance & Benefits Administration (EDALAFAL), Student Health Insurance (Individual) (FSAIAEAJ), International Student Health & Travel Insurance (EDAIAMAA), Student AD&D Insurance (School-Sponsored) (FSAIALAG), Student & Study-Abroad Travel/Accident Insurance (FSAJAJAJ)

Keywords

• Student health insurance
• Special risk insurance
• Intercollegiate sports insurance
• International student insurance
• Insurance program administration

Headquarters

HQ city

Quincy

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain, Others

Revenue model

1. Student Health Insurance Premiums: Recurring insurance premiums collected from students either as voluntary purchases or automatically charged to student tuition accounts (hard waiver). Coverage is typically for academic years (Fall-Spring) with 12-month policy periods available.
2. Specialty Insurance Products: Additional insurance products including personal property insurance, tuition refund insurance, dental/vision insurance, leisure travel insurance, and sports/catastrophic insurance sold to students and institutions.
3. Institutional Program Administration: Fees for administering customized student health insurance programs for educational institutions, including compliance management, eligibility tracking, and reporting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Gallagher Student Health & Special Risk is a specialized insurance brokerage and program administrator that designs, underwrites, and administers customized student health insurance plans and specialty risk insurance products for nearly 400 U.S. educational institutions (colleges, universities, K-12 schools, religious/nonprofit organizations, and public entities). Its core product is the Student Health Insurance Plan (SHIP), supplemented by intercollegiate sports, club/intramural catastrophic, K-12 accident, study abroad, international student/scholar, dental, vision, personal property, tuition refund, and travel-related coverages, with end-to-end administration via web portals, claims processing through UnitedHealthcare networks, and integrated telemedicine and behavioral health services.

Product overview

Gallagher Student Health & Special Risk operates as a comprehensive insurance brokerage and program administrator offering a multi-product portfolio for educational institutions and students. The core offering consists of Student Health Insurance Plans (SHIPs) for college and university students, which form the foundation of their product ecosystem. Surrounding this core product are numerous add-on modules and specialty risk insurance products including behavioral health services (SilverCloud, Student Assist, Virtual Mental Health), dental and vision insurance, personal property coverage, tuition refund insurance, and various travel assistance programs. The company also offers a separate specialty risk division covering sports insurance (intercollegiate, club, catastrophic), camps and events insurance, and K-12 student accident coverage. For international students and scholars, they provide specialized ISS insurance meeting visa requirements. All student health plans integrate with UnitedHealthcare networks for claims processing and include access to telemedicine services via HealthiestYou. The company serves nearly 400 public and private institutions covering approximately 240,000 student lives.

Differentiator

Problem solved

Functional benefit

Brands

• Travel Insured International: A travel insurance brand offering trip protection plans including trip cancellation, medical expense coverage, and baggage protection, marketed under the Gallagher umbrella.
• HealthiestYou
• Global Emergency Services (GES)

Products and services

• Student Health Insurance Comprehensive health insurance plans designed for college and university students to meet school attendance requirements, including medical expense coverage, preventive care, and access to the UnitedHealthcare Options PPO preferred provider network. Purchased as school-sponsored plans, often charged to student tuition accounts (hard waiver) or as voluntary enrollment.
• SilverCloud Behavioral Health Evidence-based online mental healthcare program offered to college students through an exclusive partnership with SilverCloud Health, providing digital behavioral health modules and support integrated with student health plans.
• Study Abroad Insurance Insurance coverage for full-time students and faculty temporarily studying in foreign countries, including travel assistance, emergency medical coverage, and protection during international academic programs.
• International Student & Scholar (ISS) Insurance Health insurance for non-U.S. citizens with a current passport traveling outside their home country to attend a U.S. college or university, meeting visa requirements. Underwritten and administered by UnitedHealthcare Student Resources with the UnitedHealthcare Options PPO network and MyAccount student portal.
• Student Personal Property Insurance Personal property insurance covering computers, cell phones, MP3 players, books, and clothes against theft, water damage, earthquake, vandalism, or accidental damage, with low deductibles, worldwide coverage, full 12-month policy period, 30-day money-back guarantee, and free identity theft coverage.
• Tuition Insurance / College Tuition Refund Insurance Insurance protecting students and families against financial loss if a student must withdraw from classes due to covered reasons such as illness, injury, or other qualifying circumstances.
• Quality Care Connect Healthcare navigation service helping students find the right specialist regardless of their health insurance plan, assisting with provider referrals and care coordination.
• Leisure Travel Insurance Travel insurance covering trip cancellation, interruption, delay, emergency medical expenses, and lost luggage when traveling for non-educational leisure purposes. Provided through Travel Insured International.
• Dental Insurance Voluntary dental insurance covering preventative, basic, and some major dental services, with coverage beginning the first day of the following month after enrollment. Provided by Ameritas/ACI.
• Vision Insurance Vision insurance plan covering eye exams and up to $130 for frames and contacts at approximately $10 per month, with coverage unavailable in certain states/counties.
• Plan Enhancements Optional add-on coverages and enhancements that can be added to base student health insurance plans for expanded protection.
• Intercollegiate Sports Insurance Insurance coverage designed specifically for intercollegiate athletics, addressing the unique risks associated with organized college sports programs.
• Club & Intramural Catastrophic Insurance Catastrophic insurance coverage for club and intramural sports programs, protecting against severe injuries and high-cost medical events.
• Camps, Clinics & Events Insurance Insurance coverage for camps, clinics, and events including sports camps and educational programs, protecting organizers and participants.
• Event Cancellation Insurance Insurance protecting against financial losses due to event cancellation, including coverage for prepaid non-refundable expenses.
• Accidental Death & Dismemberment Insurance providing benefits in the event of accidental death or dismemberment, offering financial protection for students and their families.
• Student Accident Insurance Accident insurance coverage specifically designed for K-12 and college students, protecting against injuries sustained during school activities.
• Volunteer Accident Medical Insurance Insurance coverage for volunteers affiliated with religious and nonprofit organizations, covering accident-related medical expenses.
• Emergency Travel Assistance Services Travel assistance services including emergency medical evacuation, repatriation, dispatch of doctors and specialists, and transportation support when students are more than 100 miles from home. Includes Global Emergency Services (GES).
• Medical Evacuation & Repatriation Insurance
• Student Assist
• Virtual Medical Care (Telemedicine)
• Virtual Mental Health Care (Telemental Health)

Quantifiable outcome

• Nearly 400 institutions and 240,000 student lives served
• +2 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and minor.

• SilverCloud HealthcoreStrategic or Co-development Partner · 6 June 2018Exclusive partnership to bring behavioral health services to college campuses. SilverCloud Health is a global provider of evidence-based online mental healthcare solutions for health systems and payers. Gallagher Student Health partnered with SilverCloud to provide digital mental health programs to students.
• UnitedHealthcare Student Resources (UHSR)coreTechnology or IntegrationUHSR is the insurance underwriter and administrator for Gallagher's International Student & Scholar plans. Provides the preferred provider network (UnitedHealthcare Options PPO), claims processing, ID cards, and My Account platform for students.
• United Behavioral Health (UBH/Optum)coreTechnology or IntegrationPartnership with United Behavioral Health to ensure access to UBH's network of mental health care providers and facilities. UBH partners with more than 80,000 clinicians and 3,500+ care facilities nationwide for behavioral health services.
• HealthiestYou (Teladoc)coreTechnology or IntegrationVirtual medical and mental health care services included with student health plans. Provides 24/7 access to licensed physicians, psychiatrists, psychologists, and licensed therapists via phone and video at no cost to students.
• Global Emergency Services (GES)coreTechnology or IntegrationEmergency medical evacuation, repatriation, and travel assistance services for students traveling 100+ miles from home. Includes dispatch of doctors/specialists, medical repatriation, and transportation after stabilization.
• Travel Insured InternationalcoreTechnology or IntegrationProvides travel protection plans including trip cancellation, interruption, medical expense coverage, and baggage protection. Subsidiary of Gallagher. Won 2024 Gold Travel Weekly Magellan Award.
• On Call InternationalcoreTechnology or IntegrationEmergency travel assistance services provider for school-related trips. Services range from telephone advice to referrals, vetted providers, and full-scale evacuations.
• Ameritas/ACIcoreTechnology or IntegrationDental and vision insurance provider. Ameritas offers dental plans covering preventative, basic, and some major services. Coverage begins 1st day of following month after enrollment. Customer service line: 855-672-3232.
• American College Health Association (ACHA)coreStrategic or Co-development PartnerIndustry association partnership. Gallagher partnered with ACHA and sponsored ACHF's COVID-19 response efforts. ACHA provides guidelines and standards for college health.
• Centers for Medicare & Medicaid Services (CMS)minorOthersFederal agency managing healthcare.gov and the Federally-Facilitated Exchange/Marketplace. Referenced in consumer education materials about healthcare reform options.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Relation Insurance Services: Insurance brokerage with a dedicated student health and special-risk practice serving colleges and universities, competing on the same broker/administrator footing.
• Academic HealthPlans (AHP): Third-party administrator of student health insurance programs for universities, mirroring Gallagher's broker/administrator model including waivers and enrollment portals.
• Aetna Student Health: Major provider of college/university-sponsored student health insurance plans, competing head-to-head with Gallagher for institutional programs.
• Wellfleet (a Berkshire Hathaway company): Specializes in student health and special-risk insurance for colleges and K-12, directly overlapping Gallagher's core and specialty-risk portfolio.
• Consolidated Health Plans (a Berkshire Hathaway company): Administers student health insurance and accident programs for educational institutions, a close analog to Gallagher's institutional administration business.
• UnitedHealthcare StudentResources: Leading administrator/underwriter of university-sponsored student health plans; both a core Gallagher partner and a direct competitor for institutional student-health contracts.

Emerging players

• Cultural Insurance Services International (CISI): Focuses on study-abroad and international student health, safety and travel insurance for education programs, overlapping Gallagher's global student products.
• GeoBlue (Worldwide Insurance Services): Provides international student and study-abroad health insurance for universities, competing with Gallagher's ISS and travel-assistance offerings.
• International Medical Group (IMG): Provides international student and study-abroad medical and travel insurance, overlapping Gallagher's ISS and study-abroad product lines.

Broad incumbents

• Marsh McLennan Agency: Global insurance brokerage with education-sector and student/special-risk practices, a broad incumbent overlapping Gallagher's brokerage-led model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CollegeWellness

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Gallagher Student Health & Special Risk