Businessolver’s unique marketplace technology and service platform offers employers a wide range of options.
West Des Moines, Iowa – Employee benefits outsourcing partner Businessolver® today announced the construction of a private employee benefits marketplace for Assurex Global Partners, the world’s largest privately held commercial insurance, risk management and employee-benefits brokerage group. The Assurex Global Marketplace Platform uses Businessolver’s configurable model to provide the widest range of administrative flexibility available for employers, no matter what decision is made for their employees’ future benefits – both inside and outside of a private insurance exchange environment.
Assurex Global U.S. Partners developed their marketplace concept to support the employee benefits practice within their firms. “We want to ensure that Assurex Global Partners can offer a unique solution and continue to be an integral part of the employee benefit process,” said Jim Hackbarth, Assurex Global president and CEO.
The Assurex Global Marketplace Platform offers employers a distinct set of benefits that can help manage increasing benefits costs, maintain a competitive advantage in the battle for talent and provide tremendous flexibility in design options for employees. Among the key advantages are:
• Ability to choose a defined contribution or defined benefit strategy
• Prepackaged portfolio of medical and ancillary benefits for employers and their employees
• Supports health care reform recordkeeping responsibilities
• Single source administrative package
• Marketplace business data integration
• Flexible decision support tools that support consumer choice
“Assurex Global has established a strategy that offers employers options, but helps employees make complex decisions much easier,” said Jon Shanahan, Businessolver president and CEO. “Our configurable technology paired with one-on-one service support addresses the need of all employers and their employees.”
Businessolver delivers online benefits administration services via Benefitsolver – its proprietary single source technology – to deliver a complete benefits solution to employers. Businessolver’s benefits outsourcing capabilities include health insurance exchange consulting and construction, benefits process consulting and engineering, and wellness consulting and integration. Businessolver provides a complete benefits point solution from a single piece of technology. Services include enrollment & eligibility, COBRA administration, Service Center, reconciled billing, life event management, communication fulfillment, eligibility verification, and voluntary benefits enrollment via web and telephone. For more information about Businessolver, visit www.businessolver.com.
About Assurex Global
Assurex Global is an exclusive partnership of the world’s premier independent insurance agents and brokers. With more than $28 billion in annual premium volume and more than 500 Partner offices, Columbus, Ohio-based Assurex Global is the world’s largest privately held commercial insurance, risk management and employee-benefits brokerage group. An international insurance powerhouse, Assurex Global combines the local expertise and global reach of international brokers on six continents.