Seeking Recomendations: US based Insurance Brokers (Employee Benefits)

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December 02, 2023

by a searcher from McGill University in Montreal, QC, Canada

Dear Searchfund Community,

I wanted to reach out for recommendations for Insurance Brokers in the US, hoping to tap into your collective wisdom for guidance.

We recently acquired a medium-sized homecare service provider in the Midwest. We are currently looking for an insurance broker to provide employee benefits.

Ideally, we're looking for brokers who have no minimum plan size requirement. And, of course, if the broker has a strong understanding of the healthcare industry, particularly the home care sector, that's a huge plus.

Please share your recommendations in the comments, or if you prefer, feel free to DM me. Thank you in advance for your assistance.

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Reply by a searcher
from University of Tennessee in Nashville, TN, USA
Thanks ^redacted‌.

I'm a fan of HUB International. https://www.hubinternational.com/ They have offices across the country and can save you thousands. Was very pleased with their performance, willingness to solicit from carriers across the country, and their ability to effectively negotiate better rates from carriers by leveraging their size and knowledge. Check your network on LinkedIn and you'll likely find your one introduction away from someone in the company.
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Reply by an member
from Seton Hall University in Clifton, NJ, USA
here are my recommendations but I'm not 100% sure if they would be able to meet all of your requirements. Alliant Insurance Services Inc.:

Alliant is one of the largest insurance brokers in the US and has a strong focus on the healthcare industry, it also includes the home care sector. Acrisure is another one where they have significant focus on the healthcare industry and may be able to provide the employee benefits you are looking for. Hub International is also another one which has a strong presence in the healthcare industry and may be able to meet your requirements
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