Employee engagement has been a primary goal of many companies recently. With engagement as a goal, offering a corporate wellness program is considered a top tactic behind increasing engagement. Why? Well, wellness has become a critical business strategy since growing from simply having a few disjointed activities to a comprehensive, all-inclusive package. According to a 2017 Virgin Pulse survey, 42% of respondent companies say a healthy workforce drives employee engagement. Organizations with robust programming focused on total well-being are even seen as employers of choice and having programming as part of a benefits package can positively affect attraction, recruitment and retention efforts.
In today’s tumultuous health insurance arena, it’s no surprise over 73% of company’s reported managing health care costs as one of their top three employee benefits challenges. Employers are caught amongst the ever-evolving compliance changes and rising costs of health care along with the expectations of employees for competitive, quality benefits.
Hackers are wielding their power across Europe by unleashing a rash of ransomware cyber attacks on companies, with the most severe hitting the Ukraine.
A company president recently requested an exposure analysis from our commercial risk advisors. The company was experiencing a lack of service from its current business insurance broker and felt there were potential issues. The company was unsure of what issues existed and how they may be impacting the company's operations.