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Table of Content

  1. Header
  2. Agenda
  3. Who is NFP
    1. Purpose and Mission
    2. Size and Scope
    3. Diversity, Equity and Inclusion
    4. Health & Welfare Benefits Team
    5. NFP Connect
  4. What We Do
    1. Consulting Services
    2. Compliance
    3. Employee Communications
    4. Pharmacy COE
    5. Stop Loss COE
    6. Voluntary COE
    7. HR Consulting
    8. Retirement Plan Services
    9. Executive Benefits
    10. Well-Being
    11. Mental Fitness Center
    12. Property & Casualty Insurance
  5. Why NFP - What Differentiates NFP from Others?
    1. Innovation
    2. InsurChoice
    3. Ventures
    4. Reporting Capabilities
    5. Actuarial Services
  6. Charting a Course for the Future
    1. Population and Demographic Analysis
    2. Benchmarking
    3. Springbuk
    4. Price Transparency
    5. Cost Containment Strategies
    6. SWOT Analysis
    7. For Us It's Personal
    8. Cost Efficiency of Plan Structure and Funding
    9. Union Experience
    10. Roadmaps for 3-5 year Strategies
    11. Current Client Relationships
    12. Q&A
  7. Footer

Who is NFP

NFP is a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, and individual private client solutions through our licensed subsidiaries and affiliates. Our specialized expertise matches our commitment to each client’s goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.

Purpose and Mission

NFP

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. 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.

Size and Scope



Diversity, Equity and Inclusion

Health & Welfare Benefits Team

NFP Connect


What We Do

Consulting Services

Compliance

Employee Communications

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Pharmacy COE

Stop Loss COE

Voluntary COE

HR Consulting

For companies that don’t have the time, interest, energy or resources to manage a comprehensive human resources infrastructure, our HR experts are there to step forward. We serve as a trusted partner to a leadership team, allowing them to focus on running and growing their business.

We take time to understand obstacles and objectives and deploy expertise to maximize the impact of a company’s HR function across their organization.

Whether you want to improve employee engagement and performance, retain top talent or increase efficiency in your organization, we can assist you with thorough policy and program evaluation, compensation benchmarking, and other solutions and support. We have the horsepower to get you where you want to be.

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Retirement Plan Services

Executive Benefits

Well-Being

Mental Fitness Center

Property & Casualty Insurance

Why NFP - What Differentiates NFP from Others?

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


Ventures

NFP Ventures targets Series Seed to Series B investments in insurtech, fintech and digital health companies that can benefit from NFP's distribution, human capital and industry expertise.


NFP Ventures’ differentiated approach to corporate venture capital amplifies the strategic value we provide portfolio companies and the returns that we generate for investors. Our current portfolio touches each of our business lines.


Our portfolio companies provide solutions that help our clients address their most significant challenges and opportunities, including the future of work, benefit distribution, data and analytics, and the evolving consumer expectations related to insurance.

Reporting Capabilities

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)

Charting a Course for the Future

Population and Demographic Analysis


Benchmarking

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


Successful benchmarking enables a company to understand its competitive position compared to standard peer groups and identify the areas where they can make improvements to their benefits package or compensation structure. Our benchmarking reports includes data from some of the most robust sources available.


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

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Springbuk

Price Transparency

Cost Containment Strategies

NFP offers clinical and practical experience in evaluating, designing, negotiating, deploying, and monitoring intelligent efficiencies through Advanced Value-based Employee Benefit Programs to meet a diverse group of employer organizations. The advantage of attracting, retaining and rewarding top talent requires next generation employee benefit structures which drive better clinical and financial outcomes. Supported by state-of-the art secure AI technology. Our focus is bringing a holistic perspective to employee benefit programs by bringing collaborative expertise.

For Us It's Personal

NFP is a leading insurance broker and consultant that cares deeply about our employees' and clients' well-being. We're honest, hardworking, dedicated professionals who love what we do and strive to lead by example. But what truly defines us is that for us, business is personal.


At the end of the day, our vision isn't a financial metric or a top 10 list. It's that when you hear "NFP," you think of a world-class company that's authentic, genuine and real. One whose expertise and scale are only matched by its passion for building lifelong personal relationships.

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Insurance services provided through NFP Insurance Services, Inc. (NFPISI), a subsidiary of NFP Corp (NFP). NFP and its subsidiaries do not provide tax or legal advice. This material was created to provide a summary of the subjects covered, but should not be regarded as a complete analysis of these subjects. The services of an appropriate professional should be sought regarding your individual situation.
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