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Solutions

Broker Solutions Overview

by Jessica Kosiewicz on November 14, 2017

Broker-solutions-overview. Photo Credit: Eran Sandler

Selman & Company works with brokers to assist them with:

  • selecting best-in-class insurance products, regardless of carrier
  • administering group benefit products, such as combined billing and remittance to carriers
  • increasing plan participation 
  • outsourced administrative functions that allow them to focus on their core business

Flexibility

Benefits are complicated, and brokers are looking for alternatives that allow for an incredible amount of flexibility. With this in mind, Selman & Company works with brokers to design and improve their benefit portfolios. Brokers can choose to incorporate the services and solutions that best fit their employers' workforce and forego insurance and benefit products that don't add value. As coverage needs change over time, plans can easily be adapted. 

Customization

Brokers are looking to help their clients tailor and brand the benefits made available.  For that reason, many brokers will partner with Selman & Company to customize their insurance products. As an independent insurance administrator, we bring expertise and experience with many plans, and a knowledge of what works for other brokers. Every employer has different needs based on the populations it employs, and we allow companies to narrow in on the group benefits that make the most sense to build what is appropriate for employers at a reasonable price.

Marketing

Selman & Company gives brokers the opportunity to grow their business through a number of marketing campaigns. We create a promotional strategy that helps brokers identify their target markets and set measurable goals. Our marketing programs help employees understand why the product or service is beneficial to them, and how to take advantage of the offer.

Experience

Brokers choose Selman & Company because they know they will have an experienced partner to help manage and control the costs of their clients' programs. We have been in the third party administration industry for more than 35 years. We have the breadth of reach to cut operational costs of billing and claims, and yet, we're small enough to innovate. Our product and industry knowledge powers the solutions that benefit brokers, their employer clients, and the employees who enjoy results of a well-managed benefits program.

Topics: Broker