For property & casualty, we start with an in-depth understanding of what the client does and any changes to their offerings they may be considering. We next review the current policies to create a gap fit analysis, and only once this is complete can we enter the quoting process to identify the best value of coverage, carrier, and cost for the client’s needs.
We take a similar tack with group health. Is this benefit meant to provide confidence and stability to existing employees, act as a differentiator in attracting new team members, or a combination of both? The competitive landscape combined with management’s strategic intent for these benefits will help us select the ideal offering(s) at the best price to satisfy the multiple stakeholders.
For retirement plan design and implementation, we develop an understanding of the unique characteristics of a client and their industry, before assessing what they have in place and the options available to enhance their current offering or introduce a new plan to support recruiting or assist with retention.