About Us
Introduction
Thank you for exploring the Blue Ocean captive program. We have carefully designed strategies to align resources accomplishing goals most companies struggle to achieve. So, if your company needs to control cost, reduce overall program risk, enhance benefits, improve your employee experience, or improve its balance sheet, please invest a few minutes to explore Blue Ocean. We have created this unique experience to allow you the ability to quickly assess the potential impact of participating based upon your company’s goals.
What makes Blue Ocean different?
- We are completely agnostic to the strategies and vendors we use. However, they must, support your company and member goals, be legal and enhance the overall program experience.
- We only get paid by participating member companies. Outside vendors do not finically influence any decision making within Blue Ocean.
- We are 100% transparent with data and expenses, we report allowing you to review ongoing within pre-agreed guidelines.
- We are highly effective and efficient, what takes others weeks and months, we will do in minutes or days.
- We are dedicated, 100% to our members as you need a trusted resource to navigate risk. We at Blue Ocean are committed to your success and we are incredible at getting results.
What We Do
Cost Reduction and Control:
Be aware that cost and risk are completely different. Cost is usually a lagging indicator impacted by applying financial resources to risks present. At Blue Ocean, once risk is identified, we engage strategies to control or reduce current and future financial exposures. Our unique approach can remove or reduce many of the pressure points felt, impacting company and member cash flow.
Risk Mitigation:
Risk is ever changing. Our proprietary approach starts with a daily review of data points. Next, we objectively identify and prioritize risk with possible strategies to impact change. Third, we engage members directly to bring alternatives. And lastly, we report the results of our action. The approach Blue Ocean takes is unique and objective with focus on its member to obtain extraordinary results.
Our Strategies:
Some of our strategies are unique and some are not. They are however always focused 100% on improving the member experience and to the goals of our participating companies. We have a catalog of options to potentially implement based upon your company’s risk profile and goals. Success relies on Blue Ocean’s ability to engage with your members to drive improved results. We excel at getting improved results.
Our Contracts:
Contracts should be detailed and straight forward. We agree on what benefits, vendors and strategies Blue Ocean will support and then create a contract. Most contracts will include a pre-defined flat monthly rate to improve cash flow while offering dividends to potentially reduce cost in future years.
Vendor Selection:
We are agnostic as to the vendors used within Blue Ocean. Vendors are required to be transparent, objective and support all predefined goals with a commitment to alter contracts, services and deliverables if misaligned. Again, Blue Ocean is not financially supported by any vendor and remains committed 100% to its member and participating companies.
Results:
Most companies today engage vendors, administrators and consultants with the goal of reducing risk and cost. Most vendor contracts and fees however are tied to tasks performed notwithstanding the results. At Blue Ocean, our success and compensation is tied directly to obtaining results to your most difficult risk problems. Experience the difference that proper alignment creates.
