The Crichton Group’s Private Exchange

exchange_crichtonCompany name: The Crichton Group

Marketplace name: The Crichton Group’s Private Exchange

Technology used to power platform: Assurex Global platform

CEO or Practice Leader: Jimmy Ward-CEO at The Crichton Group

Main Location / Headquarters: Nashville, TN

Founded / Exchange Launched: 2013

Website: Please click here.

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”): Currently companies must have more than 100 full time employees to participate in The Crichton Group’s private exchange

States of operation (if available): Tennessee

Are employers required to use a defined contribution: No; defined contribution or defined benefits

Carriers Offered: National and regional carriers including BlueCross BlueShield of Tennessee, UnitedHealthcare, Unum, Lincoln, Guardian, Colonial, Ameritas, Delta Dental, EyeMed and VSP (with more to come).

Decision Support: Includes a “Guide Me” option – which provides questions for employee that then generates recommendations based on answers .

How Does Exchange Get Compensated: 

Standard or Custom Product Configuration: Customizable plans

Single-carrier or Multi-carrier:  Crichton’s current product will offer each client a range of plans from one insurer