Group insurance
Our approach
We are a real broker!
We don’t limit ourselves to just a few insurers. With our large volume, we have files with every insurer in Quebec—more than 13 insurers. You’ll get a true picture of the market.
We will explain all the financial models to you and help you choose the most suitable one for you!
There are three financial models (insured, retention, and ASO). Do you know them? Do you understand them? Do you know which one is best for your business?
We offer more than just rate comparisons!
Do you really understand your rates?
Do you know what’s behind your rates, such as administration fees, reserve factors, inflation factors, etc.? Rates aren’t everything! We’ll help you understand which insurer to choose based on what’s behind their rates!
Are you getting your renewals at the last minute?
Is it a surprise when you receive it?
We’ll show you how your statistics belong to you and how most insurance companies give you direct access to your experience data to track your group’s progress throughout the year. With 15 or more employees, we provide you with two statistical reports per year. For 30 or more employees, you’ll receive your statistics monthly if you’re self-insured and three times a year if you’re fully insured. You’ll always receive your renewal 45 days before the renewal date.
Do you have access to value-added services to increase employee satisfaction?
For all our clients, we present the plan to employees. This simplifies your work and improves employee understanding and satisfaction with their team. Employees will understand what they’re paying for!
With our partners, we support your employees according to their needs, through individual services and mortgages. They can supplement their group insurance according to their personal needs!
Financial arrangements
We systematically offer and analyze all available financial arrangements on the market. We propose the financial arrangements that meet your needs, the size of your business, and that can generate savings.
Fully insured traditional plan
All benefits are fully insured and are renewed annually.
Pricing is set by the insurer based on its own criteria, including group demographics, inflation, administrative costs, profit, claims history, risk, etc. The insurer is also responsible for covering claims.
The plan is administered by an insurer or a third-party administrator. This arrangement allows for a personalized approach and can include more than one insurer in a single contract to save on administration fees.
Together, let’s build a sustainable plan that meets your needs
Retention Plan
The insurer sets the pricing and the plan is administered by an insurer or a third-party administrator. Unlike the traditional plan, you choose the type of participation:
Unilateral: both surpluses and deficits are entirely attributed to you.
Bilateral: Surpluses and deficits are shared between you and a fund held by the insurer for future fluctuations. A hybrid between a traditional plan and an administrative services-only (ASO) plan, this arrangement can be an attractive solution, depending on the size of the company.
Administrative Services Only (ASO)
Life insurance, long-term disability, accidental death and dismemberment, and travel insurance are fully insured.
Pricing for health, dental, and short-term disability coverage is based on actual group claims experience.
For these protections, you use the services of a third-party administrator to manage premiums and claim payments.
This arrangement allows you to obtain competitive administration fees, better cost control according to your objectives and use efficient administrative tools.
Your options
Let us review this with you to understand your options and choose what best suits your business philosophy and your employees.
1. Third Party Payer Administrator (TPA) with multi-insurers
- 100% assured financing with no retention
- 100% assured financing with retention
- ASO or partially self-insured financing
- Modular design with assured or partially assured financing
- Self-insured (ASO)
- Design with health account
- Design with wellness account
2. Brokerage without a third-party administrator with one of the 13 insurers in Quebec
- 100% insured financing with no retention
- 100% insured financing with retention
- ASO or partially self-insured financing
- Modular design
- Design with health account
Communications to employees
We are an extension of your human resources department. We prepare communications and presentations for your employees and the management team.
The main topics covered are:
- Review of the plan design
- Pricing
- Claims management and how the employee can save money
- Insurers’ tools to better use the system
- Financial security and mortgage advice
Our expertise in special risks
- We have over 30 years of experience in special risks
- Do you have expats and impatriates?
- We are specialists in international pooling to help you reduce your costs
- We can support you with your American employees
- We have in-depth knowledge of the Canadian market outside Quebec
- We have agreements with all group insurers operating in Canada, including several specialized insurers
- We are specialists in the Third Party Administration (TPA)
