Category

Employee Benefits

Aug 14

Why Kapnick Strive is the Ideal Partner for the Cannabis Industry

By Employee Benefits
At Kapnick, we recognize the distinct challenges and opportunities faced by our numerous cannabis industry clients. We specialize in creating impactful well-being programs that enhance employee productivity, retention, and overall health. Our expertise in cannabis employee well-being allows us to customize workplace initiatives to address the unique needs of cannabis employees, regardless of their roles.
Read More
Jul 25

Exploring Alternative Funding Options for Benefits in the Cannabis Industry

By Employee Benefits, From the Experts
The cannabis industry faces unique challenges when it comes to offering competitive employee benefits. Traditional insurance models often fall short, either in terms of cost-efficiency or adequacy of coverage. This is where alternative funding for cannabis benefits, such as captives and level funding, comes into play. By leveraging these strategies, cannabis businesses can design a benefits program that not only meets the needs of their workforce but also aligns with their financial constraints.
Read More
Jul 24

Stop-Loss Insurance: Protect Your Self-Funded Health Plan

By Employee Benefits
In today’s healthcare landscape, catastrophic and unexpected medical claims are increasingly common. This rise can be attributed to medical and pharmaceutical advancements, such as specialty drugs and cell and gene therapies, alongside the effects of medical price inflation. As a result, many employers with self-funded health plans are seeking ways to mitigate their financial exposure to such potentially devastating claims. One effective strategy is the purchase of stop-loss insurance.
Read More
Jun 03

We Are More Than A Commercial Risk Broker. Introducing Kapnick Employee Benefits.

By Employee Benefits
At Kapnick, we understand that designing the best employee benefits program is crucial for attracting and retaining top talent. Our integrated employee benefits solutions not only support your workforce but also ensure the stability and growth of your business. Our dedicated employee benefits department offers comprehensive programs tailored to meet the unique needs of your employees. With our holistic, one firm solutions, we provide integrated services that streamline your insurance management, reduce complexity, and ensure you are fully covered. The Benefits of Integrated Employee Benefits Solutions Our "One Firm" approach enables us to provide a coordinated strategy for managing commercial…
Read More
May 22

Understanding Employee Benefits and Commercial Insurance Benchmarking

By Business Insurance, Employee Benefits
Understanding how your organization's employee benefits and insurance benchmarking measures up to industry standards is vital. Benchmarking provides powerful insights, enabling you to make informed decisions that foster growth and maintain a competitive edge. What is Employee Benefits and Insurance Benchmarking? Benchmarking involves comparing your business processes and performance metrics to industry best practices and standards. This methodical approach identifies areas for improvement, reduces costs, and enhances your employee benefits package. The Benefits of Benchmarking Identifying Gaps: Highlight areas where your current strategies fall short compared to competitors. Setting Goals: Establish realistic, achievable goals based on industry standards. Enhancing Decision-Making: Base strategic decisions…
Read More
May 22

Small Business Benefit Solutions

By Employee Benefits
Running a small business comes with unique challenges, especially when it comes to offering competitive employee benefits. Providing the right small business benefit solutions is essential for attracting and retaining top talent. In this blog post, we’ll explore various options to help you stay competitive while meeting your employees’ needs.
Read More
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.
Read More
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.
Read More
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.
Read More