Our consultative approach to employee benefit services and insurance is clear, empowering, and non-confrontational. As an independent insurance agency, we will have your interests in mind. We assist you in building a benefits package to help recruit and retain key employees.
We live in a new world of employee benefits. Understand current strategies and trends for plan design and cost containment.
Today, there is no single formula for benefit plans. Industry standards still exist and we provide benchmark comparisons as part of our employee benefit services, but businesses today are thinking outside the traditional structure to determine how best to match employee desire, company culture, and budget. We listen to you, strive to understand your business and benefit needs, and help you develop a strategy to meet them.
New Perspective: Take a fresh look at your benefits programs. Hear new ideas about benefits strategy and streamlining your programs.
Foster Goodwill: Employees appreciate having a choice of products and services to meet their changing needs.
Streamline: Leverage our technology. We provide software platforms that bring clarity to plan comparison and aid in implementation and onboarding. Understand your options clearly, select confidently, and implement seamlessly.
Increase Value: Benefit plans are a significant expense to both your business and your employees. Maximize your investment.
Software to streamline your back office.
Centralize, organize, and streamline benefits administration.
Tech Multiplier: HR and benefits data is organized in one BenAdmin software program, containing online education and enrollment, and compliance documentation for employees. Our platform centralizes and organizes HR and benefits information and is offered at no cost to you. This is one of the benefits enjoyed by our clients.
Additional BenAdmin Features: Onboarding, PTO, Safety and Training, Email communications, Mobile Friendly Web site, Compensation Statements, and more…
Purchasing Power: Purchase your business’s employee benefits insurance and ancillary services through the Bankers Insurance Benefits MarketPlace. We collaborate with leading insurance carriers, third party administrators, and vendors offering quality products, plans, and pricing.
Your benefits concierge.
As a part of our employee benefit services package, each client is assigned a dedicated account manager to aid and advise regarding any benefits or HR matter. You will have their email and a phone number that rings right on their desk. We do not operate a call center. Your account manager will take responsibility for enrollments, changes, and terminations. They will help with claims, billing, or benefits questions and provide forms, documents, and education materials. They will guide you through the renewal process each year, and train you in using the benefits administration portal.
To understand, appreciate, and value their benefits.
Benefits packages are a partnership between employers and employees. Employers want them to be understood and be appreciated for the significant value they represent. Our employee benefit services include education which not only communicates worth, but increases utilization.
Understanding: Company-sponsored benefits are a critical slice of total compensation. Education helps employees understand and appreciate the benefits provided.
Employee Benefits Portal: Available both online and mobile, this site becomes the go-to for information and enrollment. Everything benefits-related, including compliance notices, is posted and accessible here.
Education Events: We offer group meetings, on-site and online. Our open enrollment package summarizes all plans, changes, cost sharing, and enrollment instructions.
Beyond employee benefits insurance – supporting your HR department with tools and advice from certified professionals.
Our employee benefit services package includes access to a live helpline along with an entire HR and benefits library.
HR Helpline: Enjoy phone and email access to live HR experts for questions or concerns. This service is provided by a national HR management consultant firm. Bankers provides it to our clients at no cost.
HR Portal: Leverage your private, web-based portal containing information and documents on HR and benefits matters. Browse HR compliance, news, and educational materials. Utilize its management resources, tools, guides, and document templates. This voluminous and powerful resource is hosted by an industry-leading provider and passed to our clients at no cost.
Maintain currency with applicable laws.
IRS, DOLopens PDF file , ERISA, ACA, COBRA, HIPAA, FMLA, ADA, GINA, Medicare…keeping track of current regulations is a challenge. Rules change frequently and our clients increasingly express concern regarding this. Maintain legal compliance with our BenAdmin platform and entire suite of tools, resources, and services.
A complicated and laborious process. We provide you with a comprehensive third party service package to keep you compliant. Our BenAdmin platform will automatically trigger required notices to new enrollees and terminated employees alike. All services are passed to our clients at no cost.
Automate required notices that arise throughout the year. Access a complete bundle of announcements and a calendar for timely distribution. Required notices will vary depending on business size, state, industry, etc.
Any business using an ERISA Health and Welfare plan is required to distribute Summary Plan Descriptions (SPD’s) to employees. A carrier plan will not meet this requirement. Benefit plan audits are increasing and a best practice to avoid liability is to implement a Wrap SPD to supplement insurance plan booklets. We guide our clients to a legal resource that can provide such documentation.
Affordable Care Act reporting for Applicable Large Employers (ALEs), and 5500 reporting for plans having 100 or more subscribers represent critical reporting requirements. Bankers provides resources to ensure compliance with ACA and 5500 reporting.
We never share your information. Unsubscribe any time. At Bankers Insurance, the client is always in control.
Why Bankers Insurance?
Anyone can be an order-taker. Bankers Insurance is different.
We don’t expect clients to be employee benefit services insurance experts. Take advantage of our experience. We can explain options and help you determine coverage that suits your needs.
As your insurance agent, we strive to know you. Only then can we suggest coverage that fits your specific business. We look for coverage gaps and offer protection. With us, you get the benefit of:
Each of our clients is assigned a specific insurance agent in our office and provided a phone number that rings on their desk. And each agent has a backup in case they are out for any reason. Though any one of our agents can help, nothing beats speaking with the person familiar with your account.
Bankers Insurance is local. Our agents live in the neighborhood. No one enjoys talking to a call center or exchanging email when in urgent need of service or if a claim arises.
Fast, Courteous Service
We serve our clients with dignity and respect.
Want to pay for your employee benefit services directly to the company? Monthly? By credit card? We can find a billing option that suits you.
Product and service are important, but with Bankers Insurance you also get low pricing. Our insurance companies compete for your business, resulting in low prices for you.
Quality Insurance Products
We primarily represent “A” rated insurance carriers, verified by AM Best. Our employee benefit services products are designed to meet a variety of needs. We tailor insurance coverages to your business.
Bankers Insurance, LLC, not your bank, is providing this website to assist with evaluation and purchase of insurance products. Any insurance product purchased with the assistance of Bankers Insurance or this website: (i) is not a deposit; (ii) is not insured by the Federal Deposit Insurance Corporation or any other federal government agency; (iii) is not guaranteed by your bank or Bankers Insurance; and (iv) if it has a securities component, it involves investment risk, including the potential loss of principal. Coverages are subject to the terms and conditions of each policy.
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