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Productivity among employee benefit brokers has decreased over the past three years.
New business per validated producer dropped 4.4% since 2012, according to new research from the Independent Insurance Agents and Brokers of America. The decline is “likely due to the significant transformation that side of the business is experiencing right now,” according to the Big I, which released its 2015 Best Practices Study this week.
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Caregiving should be viewed as a measurable workforce issue directly tied to productivity, retention, employee wellbeing and long-term workforce stability.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
Collaboration between employers, brokers and third-party administrators will be essential to developing customized, cost-effective and employee-friendly solutions.
The 2026 Excellence in Benefits winner is leading the insurance company's efforts to close the preventative care gap and personalize the employee experience.
The needs of women continue to outpace organizations' inclusion efforts, which will be costly if unaddressed.
