Bnchmrk Partners with NFP to Deliver Real-Time Benchmarking

NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions, has partnered with Bnchmrk, a proprietary analytics platform that provides benchmarking solutions for insurance brokers, human resources professionals and employers.

The Partnership

Bnchmrk's Enterprise Platform equips NFP advisors with the tools necessary to strategically compare benefits plans and plan design options side by side for clients. The proprietary database will be periodically updated throughout the year and include relevant benchmarking information on corporate clients, allowing NFP advisors to provide immediate analysis, relevant marketplace data and comprehensive feedback that informs employers' policy selection.

"The healthcare landscape is ever-changing, and employers need to know how their plans directly measure against their competitors," says Edward O'Malley, President of Corporate Benefits and Individual Solutions at NFP. "We understand that need and sought a solution to help our advisors in the field better serve our clients. Bnchmrk's real-time analytics are a tremendous resource and will provide a competitive advantage in this increasingly complex marketplace."

Our Perspective

"We want to help employers remain competitive in their respective markets," said Andrew Kimmel, Founder and CEO of Bnchmrk. "Our platform concurrently analyzes various data sets to enable smarter plan design decisions when determining the optimal benefits package. NFP and its team of consultants can now provide employers with the enhanced data they need to make more informed decisions for their business."

About NFP

At NFP Corp., solutions and expertise are matched only by a personal commitment to each client's goals. NFP is a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions through its licensed subsidiaries and affiliates.

NFP has more than 3,400 employees and global capabilities. Their expansive reach gives access to highly rated insurers, vendors and financial institutions in the industry, while locally based employees tailor each solution to meet clients' needs.

About Bnchmrk

Bnchmrk provides leading cloud-based benchmarking software that simplifies how benefit professionals and insurance carriers collect, manage and analyze plan design and cost data. The Bnchmrk Enterprise platform is an interactive, cloud-based resource that provides visibility into employer plan design and cost trends. It generates real-time reports, which examine the latest benefit trends across different industries, regions, and sizes.

Bnchmrk partners with benefits professionals and insurance carriers to provide the tools and data they need to help employers make more informed benefits decisions.