What Are the Fiduciary Risks of Self-Funded Health Plans?
There are several reasons why these plans can be problematic for both employers and their employees. In this blog, we’ll address the differences between a self-funded and fully insured health plan as well as the fiduciary liability risks involved in self-insurance.
ReSource Pro Announces Brittany Boyer as Vice President of Product
ReSource Pro welcomes Brittany Boyer as its new Vice President of Product, reinforcing our commitment to delivering high-value services to the insurance industry.
Evolving Strategies in the Technology Talent Market
A new research report from ReSource Pro examines how insurance tech vendors’ strategies are evolving in the competitive labor market. Insurance vendors are increasingly recognizing the critical role of talent retention in developing future leadership, productivity, and innovation in a competitive talent market
The Impact of New Perspectives and Deep Industry Insight
While newer entrants to the insurance ecosystem bring fresh and innovative perspectives that challenge established norms, insurance experience remains crucial for sustained and impactful innovation. A healthy combination of both seasoned experts and passionate newcomers creates a dynamic and innovative environment that delivers more hits than misses and wins that continue to drive value over time.
Eliminating backlogs, boosting efficiency of large account renewals
Insurance Renewal Backlog Management: How Efficiency Boosting Eliminates Renewal Bottlenecks Insurance renewal backlog management has become one of the most critical operational challenges for large insurance brokers. As renewal volumes increase, compliance requirements tighten, and experienced account managers exit the workforce, brokers are finding themselves buried under service-heavy workloads that directly threaten client retention and […]
ReSource Pro Named to the 2023 Inc 5000 List for the 14th Year
ReSource Pro today joined the 2023 Inc. 5000, an annual list of the top 1% of America’s fastest-growing private companies.
ReSource Pro Named to the 2023 Inc 5000 List for the 14th Year
ReSource Pro is thrilled to have been named to the 2023 Inc. 5000 list, which the top 1% of fastest growing companies in the US. This year marks our 14th inclusion in the Inc. rankings, making us one of just 14 companies that have achieved this honor – since first being recognized in 2009, ReSource Pro has grown revenues 2800%, maintaining a 95%+ customer retention rate year over year.
5 Unexpected Tasks When Registering as a Foreign Entity
When an insurance agency begins soliciting or transacting business outside its domicile state, it may need to register as a foreign entity with the Secretary of State’s Offices. It’s common for insurance professionals to be less familiar with this process, even compliance specialists may not be aware of some of the more “esoteric” tasks that certain states require.
5 Pro Tips for Compliance During M&A
Despite economic stresses, M&A activity remains a popular growth strategy for the insurance industry. However, overlooking regulatory compliance considerations in the planning and execution phases may lead to lengthy delays and unexpected costs. Here are five key tips to managing M&A compliance.
Top 30 insurance broker increases profitability with Premier Service
Stabilizing Small Business Insurance Servicing Through Targeted Capacity Support Small business insurance units play a critical role in agency profitability, yet they are often the most operationally fragile. High transaction volume, thin margins, and constant service demands make these units especially vulnerable to staffing shortages, turnover, and inconsistent processes. When account managers are overwhelmed with […]