Michael Schroeder Honored with Dively Entrepreneurship Award by Harvard Business School Club

Michael Schroeder Honored with the Dively Entrepreneurship Award

The Harvard Business School Club of Northeast Ohio has announced that Michael Schroeder, the esteemed President and Founder of Roundstone Insurance, is set to receive the prestigious George S. Dively Entrepreneurship Award for the year 2024. This award holds significant value in recognizing the outstanding contributions of individuals in the field of entrepreneurship, particularly appreciating those who have made a meaningful impact and fostered innovation in the region.

Michael Schroeder expressed his sincere gratitude by stating, "It's an extreme privilege to be the recipient of this Award. I am honored to be a part of Northeast Ohio's entrepreneurial legacy and to further celebrate innovation within our community." His inspiring journey began in 2005 when he chose to transition from his legal career to establish a more effective alternative for managing employee healthcare benefits tailored to small and midsized businesses. This decision was pivotal, leading to the establishment of Roundstone Insurance, which has radically transformed how companies manage their healthcare needs.

Fast forward to today, Roundstone Insurance has demonstrated remarkable growth and leadership within the industry. As of now, the company boasts participation from over 1,000 employers in its Group Medical Captive, creating significant value for its clients. With a dedicated workforce of more than 180 employees, the organization has also established roots in a brand new, expansive 74,000 square foot facility located in Rocky River, OH—Schroeder's hometown. This expansion not only signifies the company's success but also serves as a testament to the robust entrepreneurial spirit present in Northeast Ohio.

Looking ahead, Michael Schroeder aims to elevate the company further, setting the ambitious goal of achieving $1 billion in in-force premium by the year 2030. His vision embodies innovation and excellence, providing significant health benefits that empower small and midsized businesses to thrive. This journey of growth and impact further exemplifies the award's purpose of spotlighting entrepreneurship that influences the community positively.

The Dively Entrepreneurship Award has a rich history spanning over 41 years, celebrating remarkable figures in the entrepreneurial landscape of Northeast Ohio. This legacy not only pays homage to individual achievements but also reinforces the collective commitment to innovation and progress within the region.

The award ceremony is expected to be a significant event, honoring not just Michael Schroeder but also nurturing a culture of entrepreneurship that continues to flourish in the area. For more information concerning the event and the award itself, interested parties can visit the official webpage at Harvard Business School Club.

About Roundstone Insurance

Roundstone Insurance stands out as a leader in providing high-quality, cost-effective health benefit solutions. The company's primary goal is to enable small and midsize companies to thrive by offering significant savings and cost containment opportunities in health benefits. By implementing innovative strategies and focusing on client needs, Roundstone Insurance demonstrates a deep commitment to its clientele, significantly impacting the way businesses manage healthcare in an ever-evolving landscape.