1. New World of Open Architecture in HR SystemsThere are hundreds of vendors that can help make your HR process more efficient. The main categories of vendors include:

• • Payroll
  • Employee benefit enrollment
  • Medical insurance carrier
  • Dental, life, disability, vision carrier
  • Administrative service companies (COBRA or HSA
  • Time and attendance
  • Performance management

In the past, most of these systems were closed, and data was not exchanged between systems. Now, many of these systems are open, allowing them to communicate. Brown & Brown has insight on which systems connect, and can help you integrate your systems to provide a more robust and efficient process.

2. Insurance Companies Move Down Market

Medical insurance and ancillary carriers (dental, life, disability, vision) accept feeds directly into their enrollment/termination platforms, requiring inputting information in only one system instead of multiple. In past years, insurance companies with over 100 employees would accept these direct feeds. Now, insurance companies have brought minimums down market. Brown & Brown knows each insurance company’s minimum and which vendors work with each insurance company.

3. Take Advantage of Insurance Company Subsidies to Reduce Cost

Many insurance companies will subsidize different technology vendors if their products are a part of the employee benefit offering. They have learned that partnering with certain technology vendors makes the data exchange of enrollments/terminations more efficient, reducing their processing costs. Brown & Brown knows who partners with whom, positioning us to help negotiate a subsidy and reduce your overall cost.

4. Brown & Brown HR Efficiency Report

Brown & Brown HR Technology team can develop a no-cost HR Efficiency Report for you and your team. This report will outline ideas and recommendations that do not involve purchasing new technology – simply utilizing strategies to streamline the current technology and vendor partners.

Employee Benefits