With a solid foundation reinforced by a storied history and diversified knowledge base, BCS Financial delivers financial and insurance solutions by engaging in strategic partnerships with Blue Cross and Blue Shield organizations and commercial market leaders.


  • Blue Cross Commission members (BCC), forms the first national Blue company, Blue Cross Association (BCA).
  • BCA forms Health Service, Inc. (HSI), a life insurance company.


  • Associated Medical Care Plans (AMCP) forms Blue Shield Association (BSA) to capitalize a similar national entity.
  • BSA forms Medical Indemnity of America (MIA), a property and casualty insurance company.
  • HSI and MIA enter into a joint operating agreement as HSI-MIA.


  • HSI-MIA issues the first national Blue hospital contracts for Ford, Chrysler, GM, Uniroyal Tires, Michigan Bell, and Ohio Bell.
  • HSI-MIA national account contracts become the standard for the Blue System, issuing the first national Blue medical contracts for the Los Angeles, New Jersey, and New York Plans.


  • HSI-MIA pioneers vision, dental, and chiropractic benefits for national accounts.


  • BCS Financial Corporation (BCS) is created to own HSI-MIA.
  • HSI is renamed BCS Life Insurance Company (BCSL) and MIA is renamed BCS Insurance Company (BCSI).


  • BCS develops Group Universal Life program exclusively for Blue employees.
  • BCS develops and begins administering Plans’ Liability Insurance Company (PLIC), a Blue Cross Blue Shield Directors & Officers/Errors & Omissions pool.
  • BCS underwrites healthcare coverage for the 1984 and 1988 USA Olympic committees.


  • BCBSA grants BCS an international license for Western Europe.
  • BCS develops medical stop loss insurance products for Blue Cross Blue Shield companies and third-party administrators.
  • BCS begins administering Plan Investment Fund, Inc. (PIF).


  • BCS introduces commercial product lines to balance its Blue product portfolio.
  • BCS underwrites the Blue Cross Blue Shield Association’s Blue Worldwide Expat Program.
  • BCS develops industry-leading limited benefit brand EssentialCare.


  • BCSL becomes 4 Ever Life Insurance Company and is awarded BCBS underwriting licenses.
  • BCS launches GeoBlue international travel and Ancilyze marketing technology partnerships.
  • BCS enters the individual insurance market with the introduction of its iQuote simplified issue products.