Summit Reinsurance Services Inc.
| Primary URL | Location | Industry | www[.]summitre[.]com |
Country
United States of America
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Financial Services
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Profile
Summit Reinsurance Services Inc. operates as a third-party insurance provider within the United States. The company’s core business involves delivering reinsurance services to client organizations that require risk management and claims administration support. These services typically include the handling of insurance-related data, such as policyholder information and claims processing. Summit’s role positions it as an intermediary between primary insurers and the entities seeking coverage.
The organization’s headquarters is located in the United States of America, as indicated in the available information. No explicit details regarding the firm’s employee count, annual revenue, or geographic reach are provided in the source material. However, the breach incident reveals that Summit serves at least one educational institution, Black Hawk College, as a client for its insurance-related services.
A distinguishing attribute of Summit Reinsurance Services Inc. is its involvement in managing sensitive personal and medical information on behalf of its clients. The 2016 cybersecurity incident demonstrated that the company stores and processes data such as names, Social Security numbers, health insurance details, and medical records. This focus on health and benefits data suggests a specialization in employee benefits administration within the reinsurance sector. Such a specialization differentiates Summit from providers that concentrate solely on property or casualty reinsurance.
Information about the company’s ownership structure, parent entities, or subsidiary relationships is not disclosed in the supplied context. Consequently, any description of Summit’s corporate hierarchy would be speculative and is therefore omitted. The available sources do not indicate whether the firm is publicly traded, privately held, or part of a larger conglomerate.
On December 16, 2016, Summit Reinsurance Services Inc. experienced a cybersecurity breach that potentially exposed the personal and medical information of approximately 1,000 current and former employees of Black Hawk College and their dependents. The incident involved unauthorized access to Summit’s servers, compromising data fields including names, Social Security numbers, health insurance details, and medical records. Affected individuals were notified of the potential data exposure stemming from the third-party insurance provider’s compromised systems. This event underscores the risks associated with handling sensitive health and benefits data in a third‑party administration environment.