4 days ago
Aegis General's Accident Health and General Liability GAP Product now Available in 40 States
HARRISBURG, Pa.--(BUSINESS WIRE)-- Aegis General Accident Health and General Liability (AGIA AH&GL), a division of K2 Insurance Services, announces today the expansion of their GAP product into 40 states. GAP is an employer-sponsored Group Supplemental Health plan designed to offset the cost of High-Deductible Health Plans by lowering out-of-pocket costs to employees.
AGIA AH&GL's GAP product has been available in the Northeastern United States since 2010, offering a simple, easy-to-sell solution compatible with most major medical plans. Designed as a compelling alternative to HSAs, GAP delivers strong customer satisfaction and fast claims processing, supported by competitive broker commissions, streamlined quoting and enrollment tools, and a dedicated broker support team.
Why GAP is a Great HSA Alternative:
Broader Coverage: Immediate protection for deductibles, co-pays, and large hospital bills—no need to wait for funds to accumulate like with HSAs or FSAs.
Ideal for High Deductibles: Helps reduce the financial burden associated with high-deductible health plans (HDHPs).
Immediate Payout: Bills are paid directly, minimizing delays and avoiding financial stress.
Lower Management Burden: Requires less tracking and administration compared to HSAs and FSAs.
No Restrictions of Savings Accounts: No 'use-it-or-lose-it' rules, no pre-funding requirements, no contribution limits, and no investment risk.
'GAP is a great alternative to the HSAs which have become dominant in the High-Deductible Medical Plan universe, often to the detriment of the end user,' said Pat McGovern, President of AGIA AH&GL. 'GAP is a fully insured product that provides immediate access to benefits. It's been highly successful in the Northeast, where a loyal network of agents sees it as a practical solution to rising medical costs. We're excited to expand its reach to agents nationwide.'
To learn more about how GAP can complement your clients' healthcare coverage and drive value for your business, visit or email gap@
About AGIA AH&GL:
AGIA AH&GL is a specialty MGU providing tailored Accident & Health solutions across the Amateur Sports, Special Events, and Employee Benefits markets. Led by industry veteran Pat McGovern, whose 30+ year career began at CIGNA, AGIA AH&GL combines deep expertise with a commitment to innovation and service.
AGIA AH&GL is a K2 Insurance Services brand.
About K2 Insurance Services:
K2 Insurance Services is an insurance services holding company that owns and controls a diverse set of MGAs, marketing, underwriting and servicing nearly $2 billion annually in niche commercial and personal insurance premiums. Our mission is to protect what matters most to our partners and clients through personalized and specialty insurance products by distributing innovative programs and products through trusted direct, retail and wholesale channels. Formed and led by successful insurance industry veterans and backed by Warburg Pincus, K2 is leading the way with specialty insurance programs.
