Situation A Midwest private equity firm with 10 portfolio companies was in a fully insured, pooled benefits program that Oswald built with BlueCross BlueShield. While each company could design its own health insurance plan, claims risk was spread over the volume of the pooled population. Although pooled programs are still…

Situation A large private equity firm with 23 platform companies was closing on an average of 10 new companies each year. With thousands of employees, they needed a better way to manage health benefits. Oswald dedicated a team to this client, as the service needs of the client and their…

Situation A large auto parts distribution company saw their health benefits claims rising. They needed to find ways to reduce their costs to maintain a healthy bottom line and continue to grow their business. Solution During the broker-RFP process, Oswald identified numerous areas of improvement that could be implemented in…

Insurance is a mystery to most organizations who go through the same transactional buying cycle each year. Tune in to learn the three key factors that determine a successful renewal outcome.  

With the hard insurance market continuing what may soon be a historical run, manufacturers and distributors across the country are clamoring to gain clarity and control of their terms and premiums. This hard market has many contributing factors, including rising replacement costs, capacity going down as losses pile up, and…

January health insurance renewals will be here before you know it. As the employer, you can make sure you’re getting the best coverage for your employees and avoid any unexpected costs or gaps in your insurance. Just follow these steps: Review your current group plan: Coverage and benefits: Does your current…

With more wealth comes greater security concerns. The statistics don’t lie. A staggering 28% of high-net-worth families have been targeted by bad actors, which caused 25% of them to lose money, said Stephen Hines, senior director and consultant with Jensen Hughes. The former U.S. Secret Service agent partnered with Oswald…

Premium allocation In a fully insured plan, 100% of the premium dollar goes to the carrier, which pays the claims and manages the plan. In a self-insured plan, up to 87 cents of each dollar covers claims. The remainder covers reinsurance and administrative fees. There are two types of reinsurance…

At Oswald, we’re committed to fostering growth and driving success for both our team and our valued clients. Hear more from Bill Fisher, managing director, benefits at Oswald Companies and Michael Clark, Pittsburgh market and benefits sales leader at Oswald Companies.