Wine? Well, this blog isn’t exactly about wine (sadly)… it’s about the wine bottle’s cork.
At Andres O’Neil & Lowe, we think differently about your insurance & Employee Benefits Programs.
Consider our newest solution, the Cork Captive.
Our Cork Captive is a member-owned plan designed to help small to mid-sized employers manage health benefits costs more effectively. By pooling resources with other employers, members can achieve greater stability, control, and savings in their health insurance expenditures.
Consider these top similarities between our Captive and a cork.
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Strength in Numbers: Like a Captive solution, cork trees prefer to group together to improve their success rate. Grouping together reduces claim and administrative costs, leverages collective purchasing power, opens the door to cost containment solutions, and gains visibility into healthcare spending and industry trends.
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Insulation: Our Captive solution offers protection against financial risks and insulates your company from market volatility and high premiums, just like a cork’s protective and insulating properties.
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Adaptive: Cork trees adapt to different environments, and similarly, Captive insurance solutions can be tailored to a wide range of risk management needs.
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Long-Term Solution: Harvesting cork is sustainable. Similarly, a Captive insurance solution allows companies to recapture premiums and profits that would otherwise go to an external insurer, effectively renewing financial resources. Setting up a Captive insurance solution is a long-term investment in risk management, with benefits accruing over many years, much like the long-term investment in harvesting cork.
The sustainable benefit programs we create, especially for our small to mid-sized employers, really are very similar to that little wine cork in more ways than one may initially consider.
So, if you’re interested in controlling your Employee Benefits insurance program in a different way, let’s talk. Give me a call at 419-292-4884 or pick a date on my calendar, so we can discuss the Cork Captive together… over a glass of wine (or tea).
Cheers,
Katie
Katie Williamson
Employee Benefits Consultant
Andres O’Neil & Lowe
