Our online reverse auction platform provides a differentiated offering that guarantees the best value and cost transparency to your clients.
ConcordiScore, our proprietary decision-making algorithm, helps you better understand and deliver on your client's needs while providing greater benefits packages to help them compete for talent.
Let our standardized RFP format do the work for you so you can work more efficiently and focus on your most valuable asset, your clients.
Mergers and acquisitions have increased competition between brokers and made it more difficult for brokerages to offer differentiated services.
Tight labor markets and inflation drives pressure on their clients to offer superior benefits to attract and retain employees within budget.
RFPs, compliance, and administrative tasks add to operating costs and distract from a focus on the client.
Brokers have long been a pillar of the employee benefits space. Today, their role is changing, as employers look to addressnew needs due largely to changing regulations, increased digitization and benefits complexity. Likewise, general agents areestablishing new competitive positions in the marketplace.
Still, the trend to digital and direct distribution is pronounced. Nearly half of small firms, or 45%, say they are likely topurchase benefits without the help of a broker in the future. These firms will gravitate to digital marketplaces and self-servicetools. Larger firms will also use them for simpler benefits and to boost process efficiency.