All Posts By

Kapnick Insurance Group

Apr 17

Unlocking the Potential of Alternative Risk Funding

By Business Insurance, Employee Benefits
Navigating the world of organizational strategy involves exploring alternative risk funding solutions. If your traditional insurance costs are higher than you'd like, there are various options for both commercial insurance and employee benefits. This blog post highlights self-funded insurance, captives, risk retention groups (RRGs), and stop-loss policies, offering simple explanations on how these models can fortify your organization against uncertainties.
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Apr 17

How to Deal with Rising Homeowners Insurance Rates

By Personal Insurance
Home insurance is a critical financial safety net, protecting one of your most valuable assets. But this essential service is becoming noticeably pricier. A recent report by Insurify indicated that Michigan is expected to experience the third-largest surge in homeowners insurance rates in the country in 2024 on a percentage basis, with an anticipated rise of 14%. There are numerous factors causing this uptick, but there are also ways to help you mitigate rising prices. Kapnick can help.
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Apr 17

Kapnick Welcomes New Commercial Insurance Client Executive, Justin Michalski

By Kapnick News
We're proud to announce that Justin Michalski has joined Kapnick Insurance as the new Client Executive. With 21 years of industry experience, Justin brings unmatched expertise and a dedication to service. His role within Kapnick’s trucking and transportation practice group positions him to address the unique risks of commercial vehicle operations while supporting client growth and success. Justin Michalski Joins Kapnick Insurance: A New Chapter in Risk Management For Justin, joining Kapnick represents an exciting opportunity. “Kapnick's culture and innovative spirit resonate with my commitment to building enduring client relationships and delivering exceptional service. I am eager to guide our clients…
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Apr 10

Announcing A New Addition to our Team, Bill Riegner

By Employee Benefits, Kapnick News
Kapnick Insurance proudly announces that Bill Riegner has joined Kapnick Insurance as a Client Executive in their Employee Benefits division. With 10 years of industry experience, including seven as an Employee Benefits consultant for middle-market organizations, Bill is ready to deliver impactful solutions. He will focus on supporting employees and their dependents with personalized and effective benefits strategies.
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Apr 10

Kapnick Insurance Announces New EB Producer, George Spanopoulos

By Employee Benefits, Kapnick News
Kapnick Insurance proudly welcomes George Spanopoulos as the newest Client Executive in their Employee Benefits division. With a strong background as a financial advisor specializing in municipal pension systems, George brings a wealth of expertise to the team. His experience also spans commercial and retail lending, entrepreneurship, and financial planning. With his skills and dedication, George is ready to elevate Kapnick’s legacy of excellence.
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Mar 21

Understanding PEOs and Their Role in Funding Employee Benefits

By Employee Benefits
Professional Employer Organizations (PEOs) have emerged as a vital solution for businesses looking to streamline their employee benefits management. By partnering with a PEO, companies can effectively outsource the administration of employee benefits, payroll, workers' compensation, and other HR tasks. This co-employment model may allow businesses to offer a broader range of benefits, and possibly at a lower cost due to the PEO’s purchasing power. However, there are trade-offs that exist due the loss of some control.
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