Partner, Baldwin Risk Partners
A long-time employee benefits client was experiencing growing pains and looking for a solution to manage benefits, retirement, and property and casualty (P&C) programs more efficiently. Their existing retirement plan and P&C insurance coverage were both with other brokers. They were offering a “cookie-cutter” retirement plan that no longer served its entire employee population and their suite of property and casualty coverages left key areas exposed to risk.
To continue growing, the company needed a broker that could 1) fill the existing gaps; and 2) work as a consultative business partner to help meet future needs.\
Because of the trusted relationship our Benefits team built with the client since 2005, they turned to them for help.
1. Broaden property and casualty insurance coverages to cover increasing liability exposures for its activities and its people.
2. Upgrade an underserved retirement plan design so it could accommodate different levels of its workforce and help attract, retain, and reward employees.
By integrating the existing employee benefits program with retirement and property and casualty insurance under a single broker partnership, our team was able to:
Coordinate property and casualty coverage to enhance protection and risk mitigation with:
Bolster retirement plan offerings to provide greater value with:
Relieve administrative burdens associated with managing benefits by providing:
Streamline communications to ensure effectiveness of all programs
Contact us to learn how we can work together to protect your organization’s now and it’s future.
This material has been prepared for informational purposes only. BRP Group, Inc. and its affiliates, do not provide tax, legal or accounting advice. Please consult with your own tax, legal or accounting professionals before engaging in any transaction.