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How Insurers Are Innovating Solutions for Group Benefits
You can sense the transformation rippling across the group benefits industry. Employee demographics now span five generations, mental health challenges are on the rise, and personal finances have grown more precarious than ever. Meanwhile, 40% of employers are boosting their investment in benefits innovation to stay competitive (SHRM, 2023). At the same time, tech-savvy startups […]
Read MoreMitigating Risks in Group Benefits Underwriting: Best Practices for Insurers
Underwriting is the ground zero of group benefits. The place where cost, risk, and regulation collide to shape coverage for millions of employees. Done right, it keeps plans both affordable and solvent. Done wrong, it amplifies the system’s worst pressures. In the U.S. alone, more than 155 million people rely on employer-sponsored health insurance. The […]
Read MoreHow Insurers Can Streamline Group Benefits Administration and Improve Outcomes
The storm rolling over the insurance industry has been long in the making. Underwriting margins once cushioned by predictable payrolls now face a choppy sea of unpredictable market shifts. Brokers, desperate for swift answers, wrestle with outdated tech that chugs along like an old locomotive on a modern bullet-train line. Employers, anxious to secure the […]
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