From the beginning, Transcend Health Insurance Ltd. (Transcend Health) has focused on one thought: Healthcare is a manageable cost. Shareholders should be in control of their healthcare spend and healthcare costs should not be dictated by the traditional insurance industry.

Transcend Health, formed in January 2023, is a member-owned group captive created to empower employers to take control of their healthcare spend and provide afforable healthcare coverage to their omployees and their dependends.

Transcend Health is licensed in the Cayman Islands to reinsure risks from the policy issuing company, Skyward Specialty Insurance, is licensed and admitted, providing coverage to the membership in the United States.

Each shareholder, regardless of premium size, has one vote. A simple majority of the Board of Directors governs on matters submitted to the Board. Transcend Health generally follows a two-year accounting cycle. Each underwriting year stands alone and typically will not be closed until two years after the policy year end, or as determined by the Board of Directors.

Transcend Health believes that its management strength lies in a strong committee structure and individual involvement by shareholders. Transcend Health committees include: Membership Development, Health Risk Management, Nominating, and Finance. The Board of Directors relies on the recommendations of these committees to establish policies.

Transcend Health desires participation by well-managed, profitable companies whose management philosophies and personalities are compatible with those of the other shareholders.