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Table of Content

  1. Header
  2. NFP’s RFP Response
  3. Who is NFP
  4. Why NFP
    1. Innovation
    2. Compliance Support & Guidance
    3. Mental Well-Being Fitness Center
    4. Payer Transparency
    5. Actuarial Services
    6. Benchmarking
  5. NFP Connect
    1. Client Experience
    2. Employee Experience
  6. What To Expect
    1. Creating The Roadmap
    2. Proactive and Year-Round Consulting Process
  7. Discover More
    1. Discover More Continued
    2. Discover More Continued
  8. Footer

NFP’s RFP Response

2023 Benefits RFP Response

2023 Benefits RFP Response

Addendum1

NFP-BMD RFP Response

Addendum1

NFP-BMD RFP Response

Addendum 2

NFP Service Agreement

Addendum 2

NFP Service Agreement

Who is NFP

NFP is a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor that provides solutions enabling client success globally through employee expertise, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions.  




Our Purpose

Our passion is building strong personal relationships based on trust, transparency and active communication so we can create the best possible work environment for our employees and deliver the best possible solutions to our clients.


Our Mission

To empower organizations and people to overcome complex challenges and uncertainties with tailored solutions driven by active listening, hands-on guidance, specialized expertise and human connections.

Why NFP

Focus on your business.

We’ll deal with the benefits program.


In benefits management, the devil is in the details.

We master them so you don’t have to.


Staying compliant

We understand the complexities of managing compliance within multistate organizations. There’s an extraordinary number of HR rules and regulations at play, and more on the way. Complying with them isn’t a choice. We have the comprehensive knowledge and resources necessary to manage the requirements at the granular level to eliminate obvious liabilities and risks, and to prepare you for the unexpected ones, such as litigation.


HR services

The most accomplished organizations want sustained, scalable success. To achieve this, solid HR and talent management are a must. But exploring ways to optimize talent requires more than a cursory look. Successful organizations seek out deeper, more customized solutions and a partner to help implement those solutions seamlessly. We provide cost-effective, flexible consulting solutions through needs assessment, project management, telephone helpline support and the outsourcing of some or all HR functions. Our range of services includes talent acquisition, compensation benchmarking and design, training and development, performance management, employee relations, HR administration, payroll and HR compliance. We also analyze and recommend technology solutions that fit the current and future demands of your business. We can deliver strategically oriented and custom-tailored HR/talent management solutions that improve employee engagement and performance; attract, grow and retain top talent; and increase efficiency and profits.

The core benefit is obvious: HR management doesn’t get in the way of growing your business.


HR technologies and benefits administration services

You need forward-thinking, cost-effective solutions that support your HR team, reduce paperwork, automate benefits enrollment, eliminate inefficiencies, manage compliance and drive employee messaging and behavior. Technology has become an extremely powerful tool, but it’s only as effective as your understanding of your company’s specific needs. We see beyond the technology to the people who use it so that we can offer solutions that work best for you. Whether you’re looking to implement an entirely new platform or evaluate and identify improvements to the one you have, we use our extensive knowledge of the crowded software solutions field to act as your advocate. We ask the right questions and provide an independent

view. Our proprietary decision-making tool cuts through the noise of the marketplace, helping you match your needs to the most appropriate technology vendors. As a technology-agnostic partner, our goal is to help you lower costs, adapt to change and simplify your day-to-day process. We’ll work with you across the entire RFP process, guiding you through interviews with stakeholders, RFP development, vendor comparison/scoring, in-person demos and contract negotiations. We stay with you through implementation and optimization,

providing appropriate levels of support based on your needs. We understand that your resources are limited, and your implementation needs can vary. That’s why we offer implementation models that can include our HR and Benefits Administration Technology team. They can act as both your advocate and your resource network.

Innovation

For NFP, innovation is about ideation that connects problems with solutions and positively impacts people.


Our approach is collaborative, inclusive and purpose driven. While many people equate innovation solely to technology, true innovation is about creating value – by solving problems, enhancing convenience, reducing cost – in our everyday lives.


We deliver value to our clients by:

  • Reimagining the way we conduct business and interact with each other, our partners and our clients so we can be more successful together
  • Engaging with employers to better understand their challenges and pain points
  • Reinforcing our growth-focused culture by continuously improving structures for inclusively supporting our employees and their efforts?
  • Scouting and vetting new ideas and solutions in insurtech, fintech, HRtech and healthtech to keep ahead of market trends and provide thought leadership to our industry

Compliance Support & Guidance

Mental Well-Being Fitness Center

Payer Transparency

Actuarial Services

NFP’s in-house licensed actuaries quantify the financial impact of plan changes by performing sensitivity analyses to evaluate plan strategies, comparing performance to existing benchmarks and developing financial projections.  


Premium equivalent development

Incurred but not Reported (IBNR) Reserve Analysis

Plan design modeling

Financial forecasting/budgeting

Contribution Strategy

Internal underwriting and pre-renewal calculations

ACA Valuation

Alternative funding analysis (e.g. self-funding, fully-insured and combinations)

Benchmarking

Keeping your benefits program current and competitive is vital to achieving your business strategies. A nonexistent or flawed benchmarking process may lead to poor decisions and costly results.


The dataset includes information on the prevalence, costs and provisions of different benefit types, and can be reported by:

Company size

Industry

Geographic region

Plan design specifications

Contribution levels


Successful benefits benchmarking will support:

Awareness of plan performance, strengths and weaknesses

Greater confidence in developing and managing benefits plans

Greater involvement and motivation to share market trends

Increased willingness to share solutions to common problems and build consensus about what is needed to accommodate changes

Better understanding of the big picture and how different factors interplay to facilitate the design of a competitive benefits package

NFP's 2022 US Benefits Trend Report

NFP's 2022 US Benefits Trend Report

NFP Connect

NFP connects people with information to make informed decisions. 


While the insurance industry struggles to embrace digital, and the technology start-ups lacks insurance know-how, NFP combines industry-leading insurance expertise with a proven track record of delivering innovative, best-in-class technology with a focus on providing a better user experience. And it starts with our platform, NFP Connect.

Client Experience

Personalized: Configured specific to each client with a unique user profile

Informative: Unified view of all milestones and deliverables

Smart: Content curated for you by our industry thought leaders

On Demand: Anytime, anywhere access to all your policies, contracts, data, and proposals



Employee Experience

For your Employees, the Digital Benefit Guide is a concise and informative digital resource that can be used both at Open Enrollment and throughout the year. It can also be utilized by new hires or potential new hires to educate on the benefits available. Digital Benefit Guides allow us to approach employee communication with a multi-pronged approach; these can be printed and delivered in the traditional booklet format if preferred.

Download Your Benefit Guide

Download Your Benefit Guide

What To Expect

Creating The Roadmap

Proactive and Year-Round Consulting Process

Discover More