Are you committed to long-term strategies that achieve success for your firm and your clients?
EFP is your partner for game-changing solutions.
Today’s dynamic benefit marketplace is challenging with increased competitive pressure and administrative complexity. It’s time to rely on a team nationally recognized as a “go-to” benefits industry resource, led by 2013 Voluntary Benefit Adviser of the Year, Lou Faiola.
Our insights tell us many employee benefit firms are experiencing a variety of pressure points. Which essential solution does your firm need the most?
How confident are you with client retention?
Retaining control of existing clients is a primary concern of many in the benefits industry. EFP is your partner for a fresh approach to benefits strategies. By incorporating a multi-year worksite benefit program as a client benefit solution, you enable increased choices for employees while maintaining budgetary control for employers. This will keep your clients committed for the long-term.
Has your new business conversion rate remained flat, or declined?
New business conversion may mean new direct clients, but it can also mean expanding existing relationships to generate more revenue. Either way, worksite benefits strategies play an essential role. EFP will arm you with industry leading, essential tools to differentiate your practice.
How has compensation compression impacted your firm?
The level of compensation compression (commission reduction) may vary from state to state, but there isn’t a broker not facing the fallout of this new reality. Client profitability has, as a result, become a primary focal point. Worksite benefits are the solution – representing new revenue opportunities unconstrained by the Affordable Care Act.
Do you need solid counsel on best-fit options for your clients?
Marketplace complexity and the sheer number of vendor options have increased confusion – at all levels. In fact, several of the top 5 national brokers rely on EFP as the subject matter expert: informing and educating their clients on benefits administration and communication strategies, as well as the need for employee-level data collection and dependent audits. We can provide you this same essential competitive edge.
For more information, contact our Business Development Team.