CSP Inc. (NASDAQ:CSPI) is a benefits services company headquartered in Boston, Massachusetts, specializing in self-funded employer-sponsored health plans. The firm’s core offerings include third-party administration (TPA), stop-loss insurance brokerage, claims auditing and wellness consulting. By integrating risk management and compliance expertise, CSP helps organizations control healthcare costs, streamline plan administration and adhere to evolving regulatory requirements.
Established in 1989 as Cornwall & Cornwall, CSP has expanded through a combination of organic growth and targeted acquisitions. Over the decades, the company has developed proprietary analytics and compliance tools designed to anticipate regulatory shifts and optimize plan performance. These platforms deliver actionable insights that enable clients to monitor claims trends, enforce plan design provisions and improve member engagement.
Serving clients across all 50 states, CSP supports a diverse portfolio of employers, from small and mid-size businesses to large national corporations. Regional offices in markets such as New York, Texas and California allow the company to provide tailored support, on-site consulting and rapid response to local regulatory changes. CSP’s national footprint ensures consistency of service while accommodating state-specific plan nuances.
The company is led by an executive team with deep experience in insurance underwriting, healthcare consulting and regulatory compliance. Under the guidance of its Chief Executive Officer and supported by senior leaders in finance, operations and technology, CSP continues to broaden its service offerings and deliver customized solutions that address the complexities of modern employee benefits.
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