InsNut

New information: GAB Robins, N.A. laid off about 40 employees from the Parsippany, NJ headquarters yesterday, March 26, 2009. Not sure about any of the field offices. I'm still employed, for now... This action is, no doubt, a direct result of Cunningham Lindsey's recent (about a month ago) acquisition of all of the Risk Management portion (RMS) of GAB Robins' business and EFI Global. GAB Robins just doesn't need to staff for RMS infrastructure anymore. The employees associated solely with the Loss Adjustment portion (ICS) of GAB Robins' business, as well as those associated with MedInsights, are probably still in good shape. However, I wouldn't be surprised if Brera divests itself of MedInsights in short order... Stay tuned.

In an effort to correct some misinformation out there, and I should know because I actually work there and have for 15 years... Full disclosure: I work for GAB Robins but not for MedInsights, so I have only a peripheral interest in MedInsights. GAB Robins is NOT an insurance carrier, nor does it insure anyone. It is a third-party administrator (TPA), with activities in the commercial insurance arena. That means that it provides a service: it contracts with insurance carriers to administer their claims (with their oversight, of course; the carriers are the ones actually insuring claims) and with companies, both public and private, to administer their claims (also with oversight by the company). Basically, GAB Robins employs an "army" of insurance adjusters that carriers and companies can, in a way, rent to adjust their claims. Either the carriers don't employ their own adjusters, or they don't have as many as they need for the amount of claims they have to adjust; and private companies who are self-insured can't really afford to employ their own adjusters, so they use GAB Robins' services. MedInsights is a subsidiary company of GAB Robins, and is involved with medical case management, among other things. Although there has been some press about the private equity firm that owns GAB Robins having fallen on hard times financially, MedInsights continues to be a strong player in the medical case management arena and continues to do well financially. That said, you should know that MedInsights is a good candidate for divestiture because it's doing so well financially and, if you were to work there, you might find yourself working for another employer in the future, but you probably won't find yourself out of work - layoffs at MI are rare. It's a field that is growing. Further to MamaKitty's comments: MedInsights competes with companies like Concentra, and also provides field positions with exposure to many insurance carriers and self-insured companies. Their business models are very similar. Go ahead and apply. It's a good solid company with good leadership.