Case Studies
We’re helping businesses save money and care better for their employees. Here are some real client success stories:
$40k saved
250 employee company, insured through a large national brokerage, was unresponsive to the carrier’s request to engage to discuss the renewal. After two meetings, the company familiarized themselves with the Prosperity Plus process and offerings. They engaged and hired the firm and, with this authorization, we immediately and heavily negotiated the renewal to produce a 5% renewal, reducing this from 16%, initially. This saved the company $40,000 in overall premiums, with the result being attributed to leveraging a deep understanding of underwriting and being not only proactive, but aggressive on the client’s behalf to produce a favorable result.
12+ years of renewals under 10%
80 employee company received a 40% offer from their national carrier, without any justification of the charges. This was a ‘house account’, so already a client. We produced two attractive offers from independent vendors, with one representing an +6% adjustment, and another at 20%, but with a more transparent, innovative, and mission-aligned plan to protect plan participants more comprehensively paired with full access to all claims data (so the firm could advise them on actually controlling costs via claims analysis). They opted for the higher cost option, which is designed to produce controlled renewals, in perpetuity. This client has seen more than 12 years of renewals under 10%, year after year!
$90k saved
A 20-life employer was told for years they had no options besides their incumbent national carrier program. Prosperity properly underwrote the group, and the company saved nearly $90,000 in the transition, while aligning with a more transparent, forward-thinking, and richer benefit plan.
dodging a 35% increase
150 employee company, insured through a large, national brokerage, received a 70% increase from a national carrier. The lowest offer the incumbent agent could provide was a 35% increase, matching benefits. Prosperity Benefits offered a custom plan that arrived at a +8% from the prior year.
