Advantages of CSB™ to Employees and Employers

Due Care
Winged Keel Group has conducted extensive research on insurance carriers and products to identify the most effective insurance contracts for different types of executive needs.  This research is available to the company sponsor project team who, along with Winged Keel Group, can design a plan for specific client needs.

Employees have confidence that their employer can provide value in selecting appropriate benefit packages for them to consider.  According to a Life Insurance Marketing and Research Association (LIMRA) survey, the majority of employees would prefer to obtain their insurance coverage through the workplace.

Convenience
The enrollment process is relatively hassle-free, for both the employer and the employee.  Medical underwriting is less stringent, and in many cases, not required at all.

Discounted Pricing
CSB™ costs less than retail products due to economies of scale.

For example, in a recent long-term disability offering to a major financial institution, Winged Keel Group negotiated a volume discount of 35%.

Long-term care pricing discounts of approximately 20% can be offered to employees and their spouses, parents, and in-laws.

Design
Winged Keel Group can help tailor benefits for particular corporate needs.  Through careful research of products, carriers, and market developments, Winged Keel Group is able to identify the most effective insurance products to meet these needs.

Enrollment
Through a unique offering system, employees are directed to focus on the value aspect of the benefit.  As a result, companies typically experience enhanced participation and employee satisfaction.

Administration
One of the keys to Winged Keel Group's success is an internally designed proprietary data management system.  This system enables Winged Keel Group to:

• Deliver enrollment information
• Monitor the offering selections
• Track the processing of policies
• Provide ongoing administration

Information in Winged Keel Group's database can be accessed from remote locations, which provides enrollment and administration personnel considerable flexibility in their delivery of information to the plan participants.

Representative Projects