Business, Free News Articles, Insurance

EPIC Announces Strategic Hires in Northeast, Poises Firm for Regional Growth in Pennsylvania

HARRISBURG, Pa. -- EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has hired a team of producers to support regional expansion in Pennsylvania.

Joining the firm as principals are Pamela Barbush, Brian Floyd, David Schlosberg, and John Shingara. The team will be responsible for business development in employee benefits, as well as property and casualty lines at EPIC.

With over 12 years of experience, Schlosberg focuses on business development, most recently as vice president at an independent brokerage firm. He completed his MBA in 2020 and holds the insurance designations of CPCU and CIC. Barbush specializes in group casualty and single parent captives. She has over 40 years of experience, dedicating the past 22 years exclusively to captive insurance with mid to large commercial clients with a focus on the construction industry.

Floyd and Shingara both bring a background in employee benefits consulting. Floyd concentrates on mid and large group markets and is a healthcare consortium and self-funded expert. He holds the designation of Advanced Charter Benefits. Shingara is a Certified Employee Benefits Specialist. His experience includes captives, self-insurance, and other risk financing techniques.

Len Scioscia, EPIC Northeast Region President, commented, "We are pleased to welcome Pamela, Brian, David, and John to EPIC in their new roles. The team, to be based near Harrisburg in central Pennsylvania, will contribute to our buildout in Pennsylvania. We currently have a Pittsburgh office and are excited to expand further across the state."

About EPIC Brokers & Consultants:

EPIC Insurance Brokers & Consultants has more than 2,800 team members operating from more than eighty offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to EPIC clients. For more information on EPIC, visit: https://www.epicbrokers.com/.

Related link: https://www.epicbrokers.com/

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Business, Free News Articles

Plan sponsors should prepare for smooth sailing for ‘SECURE Act 2.0’ retirement reform bill

ATLANTA, Ga. -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) issued a statement today notifying plan sponsors of pending bipartisan legislation that could significantly impact employer-sponsored retirement plans. The House Ways and Means Committee unanimously passed the Securing a Strong Retirement Act of 2021 on Wednesday, May 5; now the bill moves on to the full House, where it enjoys considerable bipartisan support.

Designed to build on the SECURE Act - and, consequently, dubbed the 'SECURE Act 2.0' - the proposed retirement reform legislation seeks to enhance the long-term financial security of millions of Americans by providing wider access to retirement savings. While most provisions of the legislation would apply to plan years beginning after December 31, 2022, certain provisions would apply after December 31, 2021.

SBA Principal Andy Adams offered the following summary of SECURE Act 2.0 provisions that are likely to affect a majority of retirement plan sponsors. According to Adams, the bill:

* Requires plan sponsors to automatically enroll employees in 401(k) and 403(b) plans unless they specifically opt out

* Introduces several changes to required minimum distribution (RMD) rules:

- Raises the RMD age (the age at which participants must begin withdrawing from their retirement accounts) from 72 to 75 over 10 years

- Reduces the individual tax penalty for failure to take the RMD

- Provides more flexibility in the allowable timing, amounts and features of life annuities to satisfy RMD requirements

- Expands the amount that can be excluded from RMD rules if used to purchase qualified longevity annuity contracts

* Ties the IRA catch-up contribution limit, which allows those age 50 and older to make additional contributions beyond the standard limit, to inflation

* Creates new, higher catch-up contribution limits that apply at ages 62, 63 and 64 for those who participate in employer-sponsored retirement plans, including SIMPLE plans

* Allows individuals to pay down a student loan instead of contributing to a 401(k) plan and still receive an employer match in their retirement plan

* Allows employers to offer small, immediate financial incentives to employees to join retirement plans

* Requires plan sponsors to allow part-time employees who work at least 500 hours a year for 2 consecutive years (not 3 years, as under current law) to participate in company 401(k) plans

* Gives plan sponsors greater flexibility in correcting plan errors, for example:

- Allows more time to correct missed contributions to employees' retirement accounts without penalties

- Expands the scope of the Employee Plans Compliance Resolution System (EPCRS), which allows plan sponsors to self-report errors to the IRS and correct those errors without drastic penalties

* Limits the degree to which plans may seek to recoup excess retirement plans payments from participants

* Instructs the Department of Labor to issue new guidance for benchmarking of target date funds

* Limits the disclosures required to those not participating in plans

* Creates a central data repository for lost participants (the 'Retirement Savings Lost and Found')

* Requires plan sponsors to provide participants with at least one paper account statement per year

* Adjusts top-heavy rules for certain DC plans

* Gives employers latitude to rely on employee self-certification that hardship distribution requirements have been met

Certain additional provisions, Adams noted, apply only to public employer plans or to special classes of individuals such as military personnel, firefighters and first responders. Other provisions not summarized here are likely to affect only a small percentage of plans. Read the full text of H.R. 2954, the Securing a Strong Retirement Act of 2021, here.

"With strong, bipartisan support for this legislation among both House and Senate membership, the odds are good that the so-called 'SECURE Act 2.0' will enjoy a relatively smooth path toward final passage," said Adams. "Retirement plan sponsors should take this opportunity to familiarize themselves with the bill's provisions and put a strategy in place for implementing necessary plan changes by the end of next year."

About Strategic Benefits Advisors

Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits challenges for clients ranging from 1,000 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 25 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry. For more information, visit https://www.sba-inc.com/.

#EmployeeBenefits #BenefitsConsulting #RetirementLegislation

Related link: https://www.sba-inc.com/

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Business, Free News Articles

Strategic Benefits Advisors welcomes Kah-Lee Wong as senior benefits consultant

ATLANTA, Ga. -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) announced that Kah-Lee Wong, FSA, EA, MAAA, has joined the firm as a senior benefits consultant. In this role, Wong will work closely with organizations to provide actuarial consulting services and solve challenges related to their employee benefits plans.

Wong has over 30 years' experience leading benefit consulting teams with a focus on defined benefit (DB) and health and welfare (H&W) plans. Prior to joining SBA, Wong was a managing consultant at private actuarial and benefits consulting firm Cambridge Advisory Group for 13 years. Other roles include nearly two decades at global retirement and benefits consulting firm Mercer, where she was a principal. Wong's experience encompasses a range of benefits-related services for large- and medium-sized companies, including actuarial valuation, plan compliance, M&A due diligence, plan termination and plan administration.

"Kah-Lee's reputation as a highly accomplished actuary and employee benefits professional precedes her. She excels at understanding the needs of plan sponsors and guiding teams to provide exemplary service," said SBA Co-Founder and Principal Mindy Zatto. "She is a welcome addition to SBA and will play a vital role in helping clients optimize their benefits offerings."

Wong holds a bachelor's degree in business administration (BBA) with a concentration in actuarial science and finance from the University of Texas at Austin.

About Strategic Benefits Advisors

Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits issues for clients ranging from 1,000 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 20 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry. For more information, visit http://www.sba-inc.com/.

Related link: https://www.sba-inc.com/

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Awards and Honors, Business, Free News Articles, Insurance, Software

Tapcheck Wins ‘Best Employee Benefits Solution’ in 2021 FinTech Breakthrough Awards Program

LOS ANGELES, Calif. -- Tapcheck, a simple and easy-to-integrate financial wellness benefit that allows employers to give employees the ability to access their earned wages before payday, today announced that it has been selected as winner of the "Best Employee Benefits Solution" award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Tapcheck delivers breakthrough payment and benefits solutions for both employers and employees, putting both of their interests on equal footing. For employers, Tapcheck is a convenient, cost-free way to offer workers same-day pay. Tapcheck assumes the financial risk and employers can, in turn, offer a desirable financial wellness benefit to employees that increases retention and productivity. Tapcheck is also easy to integrate into existing payroll systems without having to create new ones, alleviating a major adoption hurdle.

For employees, the clean and simple interface of the Tapcheck app, allows them to quickly and securely access a percentage of wages they have earned for a flat, low-cost fee. This provides the financial flexibility to cover a bill due mid-pay cycle, or another emergency expense without having to apply for high-interest payday loans, or risk incurring overdraft or late fees.

"Tapcheck's marriage of the human side of HR and the transformative power of fintech is making it easier for employees to get the money they've earned when they need it," said James Johnson, Managing Director, FinTech Breakthrough. "Providing meaningful benefits to employees and giving them financial flexibility when they need it most has never been more important. We extend our since congratulations to everyone at Tapcheck on their success and for their well-deserved 'Best Employee Benefits Solution' award in our fifth annual FinTech Breakthrough Awards program."

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe.

"Thanks to Tapcheck, employers in sectors hard-hit by the pandemic have helped their workers pay bills, cover unexpected costs, and more when financial uncertainty is at an all-time high." said Kayling Gaver, Co-Founder of Tapcheck. "It's a great resource and safety net that provides financial peace of mind, helping organizations keep the best interests of employees at heart. We are honored that this is being recognized by FinTech Breakthrough and we are looking forward to continued success and momentum in 2021 and beyond."

Tapcheck has established a strong foothold in the earned wage access category. In 2020, the company grew by 863%, signing clients including Burger King, Dunkin', T-Mobile, Home Instead Senior Care, and Comfort Keepers in addition to a diverse range of businesses including hospitals, manufacturers, grocers, retailers, and professional services.

About Tapcheck

Tapcheck is a financial wellness benefit that allows employees to access their earnings before payday. Available at no cost to employers, Tapcheck uses an intuitive mobile app to give workers greater control over their finances, which reduces their stress at home and increases their productivity at work. And thanks to Tapcheck's seamless integration with existing payroll programs, employers who incorporate on-demand earnings into their employee benefits packages find it to be a cost-effective way to distinguish their company from competitors, reduce turnover rates, and provide the financial flexibility that employees want. For more information, visit https://www.tapcheck.com/.

About FinTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Related link: https://www.tapcheck.com/

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Business, Free News Articles, Insurance

Strategic Benefits Advisors launches ‘Lightning Benefits Survey’ series for plan sponsors

ATLANTA, Ga. -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of a bi-monthly Lightning Benefits Survey series designed to help plan sponsors understand where their peers stand on a variety of timely employee benefits topics. Participation in the series - and access to survey results - is limited to plan sponsors.

According to founding principal Andy Adams, SBA will introduce a new survey topic every other month, with 2021 topics ranging from student loan debt assistance to plan audits to the use of artificial intelligence in HR. Plan sponsors may also nominate topics for consideration.

Plan sponsors' individual responses will remain confidential. However, by sharing the aggregated, anonymized findings of each survey with those who participate, SBA hopes to provide plan sponsors with meaningful insights to better inform business decisions regarding employee benefits.

"Our goal is to give plan sponsors a lot of value for not a lot of time spent," said Adams. "Unlike the 'marathon' surveys that are so prevalent in the employee benefits space, our Lightning Benefits Surveys take three minutes or less - yet they provide actionable intelligence and peer benchmarking on topics that matter to plan sponsors."

The series' first installment, a three-question survey on the prevalence of short-term loan programs for employees, launches today and will remain open through next week. For more information or to request access to the Lightning Benefits Survey series, visit SBA's website.

About Strategic Benefits Advisors

Atlanta-based Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits challenges for clients ranging from 1,000 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 20 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry.

For more information, visit https://www.sba-inc.com/.

Tags: #StrategicBenefitsAdvisors #EmployeeBenefits #BenefitsConsulting #PlanSponsors #LightningBenefitsSurvey

Related link: http://www.sba-inc.com/

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Alliances and Partnerships, Business, Free News Articles

Papa Partners with FlexCare to Expand Services to Families

MIAMI, Fla. -- Papa, a nationwide provider for older adults and families announced today its partnership with FlexCare, LLC to provide employer groups Papa's nationwide services. This partnership allows FlexCare's employer groups to benefit from Papa Pals' companionship, transportation, technology assistance, and light household chores. Papa and FlexCare will start their partnership immediately and continue to alleviate the loneliness epidemic among family members and provide respite to employees.

"Papa is excited to welcome FlexCare to the partnership family as we continue to uplift employees' family members with face-to-face or virtual companionship visits," said Founder and CEO Andrew Parker.

Currently 1 in 6 Americans working full-time or part-time report assisting with the care of an elderly or disabled family member, relative, or friend (*see note 1). In an AARP study, 69% of working caregivers caring for a family member or friend reported they had to rearrange their work schedule, decrease their hours, or take an unpaid leave in order to meet their caregiving responsibilities. In fact, most caregivers experience at least one change in their employment due to caregiving such as cutting back work hours, taking a leave of absence, receiving a warning about performance/attendance, among others (*see note 2).

With Papa and FlexCare working together, the partnership can help improve unmet needs for care and improve access to care for older adults and families. This will also reduce stress and increase well-being for family caregivers who work full-time positions.

FlexCare is excited to partner with Papa in providing caregiver/companionship services to the employer market. We view this as a tremendous opportunity to provide a valuable benefit to employers and their employees, said Principal Lee Shoemake.

According to a recent study from Harvard Business School, businesses are oblivious to the number of employees who are caring for family at home.

It may seem, on the surface, that this is something businesses can just ignore, but in reality, as unemployment is dropping, the number of family caregivers is rising. That's only going to grow more as the cost of health care rises and our population ages. Almost 44 million people are acting as unpaid caregivers in the United States alone.

More than 80% of the employees surveyed said their caregiving duties impacted their work, yet less than 25% of employers felt that caregiving impacted the work of the very same employees.

FlexCare is committed to fulfilling this important employee benefit which will not only assist with reducing absenteeism but also provide a value benefit to each employee and their family members.

About Papa

Papa is a Miami startup that has evolved to Family-OnDemand and provides assistance and companionship to older adults and families throughout Florida, California, Michigan, Pennsylvania, Louisiana, Missouri, Texas, Mississippi, Arkansas, Georgia, Tennessee, South Carolina, Illinois, and Kansas. Papa launched their service in January of 2018. For more information, visit https://www.joinpapa.com/.

Twitter: https://twitter.com/join_papa

Facebook: https://www.facebook.com/joinpapa/

About FlexCare

FlexCare, LLC is a leading telehealth provider of online and on-demand healthcare delivery services to private and public employers, associations, brokers, school systems and more. By using telehealth services instead of more expensive urgent care and ER visits, FlexCare, LLC TeleHealth cuts unnecessary costs and keeps members smiling (instead of waiting).

In addition to telemedicine and the Papa Caregiver/Companionship program, FlexCare TeleHealth also provides Dermatology, Behavioral Health and Telespine benefits.

Using their proprietary online administrative system, FlexCare seamlessly provides multiple employee benefits either bundled or unbundled which makes for ease of administration for employers.

Website: http://www.flexcare.com/

Dashboard: https://www.myflexcare.com/

Twitter: https://twitter.com/FlexCarePlus

LinkedIn: https://www.linkedin.com/company/flexcare-telemedicine/?viewAsMember=true

Facebook: https://facebook.com/FlexCarePlus

Instagram: https://instagram.com/FlexCarePlus

Sources:
Note 1: https://www.caregiver.org/caregiver-statistics-work-and-caregiving
Note 2: https://www.aarp.org/content/dam/aarp/ppi/2015/caregiving-in-the-united-states-2015-report-revised.pdf

MULTIMEDIA:
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Business, Free News Articles, Insurance

SBA Publishes Guidance on Which CARES Act Provisions Require Immediate Action by Health and Retirement Plan Sponsors

ATLANTA, Ga. -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) issued a statement today summarizing provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that require action on the part of health and retirement plan sponsors.

"The CARES Act calls upon plan sponsors to act swiftly in adopting measures that will ease the financial burden of COVID-19 on individuals," said SBA Founding Principal Mindy Zatto. "Plan sponsors should coordinate with their healthcare providers immediately so they may begin complying with the law's mandatory provisions. While most retirement plan provisions are optional, they are nonetheless time-sensitive and call for coordination with the plan sponsor's recordkeeper and actuary. Any necessary plan amendments won't be required until the end of the 2022 plan year."

Required Health Plan Provisions

Health plan sponsors must comply with the following provisions expanding access to healthcare for coronavirus disease 2019 (COVID-19) patients:
* Coverage of COVID-19 Testing
Plans must cover the cost of approved COVID-19 tests and their administration. Test providers should be reimbursed at a previously negotiated rate, if applicable. In the absence of a previously negotiated rate, plan sponsors may reimburse providers an amount equal to the publicly listed cash price of the service or negotiate a lesser reimbursement.

* Coverage of COVID-19 Preventive Services
Plans must also cover, without participant cost-sharing, qualified coronavirus preventive services and vaccines recommended by the United States Preventive Services Task Force or Advisory Committee on Immunization Practices of the Centers for Disease Control and Prevention.

Required Defined Contribution (DC) Plan Provisions

DC plan participants who are due a required minimum distribution for 2020 may elect to not take the distribution without incurring any penalties.

Optional Defined Contribution (DC) Plan Provisions

DC plan sponsors may choose to extend the following benefits to plan participants who self-certify that (a) they have been diagnosed with COVID-19; (b) their spouse or dependent has been diagnosed with COVID-19; or (c) they have experienced certain other adverse financial consequences of COVID-19 as specified by the Secretary of the Treasury:

* Coronavirus-Related Distribution
Plans may allow a maximum $100,000 "coronavirus-related distribution" that must be taken by December 31, 2020. Early withdrawal penalties do not apply, and distributions are not eligible for rollover. However, a recipient of a coronavirus-related distribution has the right to pay the distribution back within three years, in which case it will be treated as a rollover contribution. The taxable amount of a coronavirus-related distribution can be spread pro-rata over three tax years.

* Increased Loan Limits
Qualified plans may increase loan limits from $50,000 to $100,000 and from 50% of the vested balance to 100% of the vested balance for loans made between March 27 and September 23, 2020.

* Delayed Loan Repayment
Plans may delay due dates for one year for individuals with outstanding loans whose repayment would normally be due between March 27 and December 31, 2020, allowing an extension beyond the normal five-year cap.

Optional Defined Benefit (DB) Plan Provisions

* Option to Defer Single-Employer Plan Funding
Plan sponsors may delay payment of any minimum required contributions that would ordinarily have been due during calendar year 2020 to January 1, 2021. The amount of each delayed contribution must be increased to reflect the interest accrued between the original due date and the actual payment date.

* Benefit Restriction Relief
For purposes of applying benefit restrictions under Code Section 436, plan sponsors may elect to use the prior plan year's adjusted funding target attainment percentage as the adjusted funding target attainment percentage for plans years that include calendar year 2020. This may allow some plans to avoid triggering certain benefit restrictions in 2020 that would have otherwise applied.

The full text of the CARES Act can be found here. To speak with Strategic Benefits Advisors' experienced team of benefits consultants about the potential impact of this law on your plans, call 770-551-8989.

About Strategic Benefits Advisors

Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits issues for clients ranging from 500 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 25 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry. For more information, visit https://www.sba-inc.com/.

Related link: http://www.sba-inc.com/

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Business, Drugs and Pharmaceuticals, Free News Articles, Insurance

EPIC Continues Expansion of Employee Benefits Practice with a new Pharmacy Practice Leader

NEW YORK, N.Y. -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today they are continuing to expand their employee benefits resources with the addition of a new Pharmacy Practice Leader, Bob Eisendrath. We are also pleased to announce that we have promoted Craig Hasday to President, National Employee Benefits Practice leader and Cindy Santangelo to National Voluntary Benefits Practice Leader.

Bob Eisendrath brings a strong background in pharmacy benefit management. He brings experience both in sales and national account management, with CVS Caremark for 20 years where he was most recently Area Vice President for Coalition Business. "The addition of Bob will further strengthen our Pharmacy consulting practice as he leads the team through the rapidly changing legislative and therapeutic landscape as our clients grapple with increasing pharmacy prices, one of the most problematic components of escalating cost," said Craig Hasday, National Employee Benefits Practice Leader.

Craig Hasday has been promoted to President, National Employee Benefits Leader. Said Steve Denton, President, EPIC Holdings, "For the past eighteen months, Craig has led EPIC's National Employee Benefits Operations Board. In that role, Craig has worked closely with the geographic employee benefits leaders and has done an incredible job bringing our national teams together."

During this time, EPIC has seen increased communication and enhancements across the board in service offerings for our clients. Further, EPIC has seen great improvement in revenue growth, profitability, and integration of its vast employee benefits platform. Employee Benefits revenue of over $170 million which represents over 20% of EPIC's retail revenue.

Promoting Cindy Santangelo to the new national role as lead of EPIC's Voluntary Benefits practice highlights EPIC's growing focus on the changing workplace dynamic of offering personalized benefits. Santangelo has been with EPIC for 12 years and spent the past 5 years building and growing the Voluntary Benefits practice within EPIC's national Employee Benefit platform. She brings a wealth of knowledge to her role in employee paid worksite benefits consulting as she fully understands how to create a customized program to meet individualized needs.

"We are fortunate to have someone with her expertise on our team to support our clients and other EPIC consultants," said John Gaffney, VP. National Employee Benefits Operations.

About EPIC Insurance Brokers & Consultants

EPIC is a unique and innovative retail property and casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 2,600 team members operating from more than 70 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs and Private Client solutions to EPIC clients.

With run rate revenues greater than $730 million, EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country. For additional information, please visit https://www.epicbrokers.com/.

Related link: https://www.epicbrokers.com/

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Business, Free News Articles, Insurance

EPIC Adds Matthew Presutti as Managing Principal in their New York operations

NEW YORK, N.Y. -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Matthew Presutti has joined their EPIC New York operations as managing principal on the employee benefits team.

Presutti will be based in New York City as part of Frenkel Benefits, an EPIC Company and report to Adam Okun, co-president and Larry Kirshner, co-president EPIC New York. In his new position, he will responsible for the strategic oversight, new business development and the design, placement and management of employee benefits insurance programs and solutions.

Presutti brings nearly 30 years of experience to his role within the overall EPIC organization. He has a strong background in leading teams and developing creative employee benefits programs for clients to help increase the overall success of their business. Presutti joins the firm from HM Insurance Group.

He has also held positions with: MagnaCare, Brown & Brown Metro, Horizon Blue Cross Blue Shield of New Jersey and Prudential. Presutti has served as Board President with the Tewksbury Township Board of Education as well.

"We are excited to have Matthew join our team and bring his level of expertise to EPIC and our employee benefits clients," said Adam Okun, co-president, EPIC New York, Larry Kirshner, co-president, EPIC New York, "Matt brings industry knowledge and employee benefits experience that will add to our already robust team. We are thrilled to have him onboard."

Matthew Presutti can be reached at matthew.presutti@frenkel.com or (212) 488-0214.

About EPIC Insurance Brokers & Consultants

EPIC Holdings, Inc. is the corporate parent overseeing investments across the entire EPIC platform. The firm's core retail insurance brokerage business, EPIC Insurance Brokers & Consultants, now has more than 2,600 team members operating from more than 80 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to EPIC clients.

EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

For additional information, please visit https://www.epicbrokers.com/.

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Business, Free News Articles, Insurance

EPIC Adds Todd Randolph in Atlanta, GA

ATLANTA, Ga. -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Todd Randolph has joined the firm as a Principal of its Southeast Employee Benefits Practice.

Randolph will be based in Atlanta and report to Ed Oravetz, Managing Principal. In his new position, Randolph is responsible for new business development and the design, placement, and management of employee benefit programs, providing critical attraction and retention strategies for mid-market and large clients.

Randolph joins EPIC from USI Insurance Services, where he spent the last eight years of his career. As a VP and Employee Benefits Consultant at USI, he was known for implementing value-based benefit programs and specializing in advanced design and funding approaches for group medical (all ancillary lines) - including the appropriate uses of captives, self-funding, HRA/HSAs, private exchanges, and traditional, fully-insured programs.

"We are thrilled to continue the growth of our Employee Benefit operations," said EPIC's Ed Oravetz. "Todd is a well-respected, highly strategic, and consultative employee benefits professional who will deliver great value to our clients and to other EPIC team members. I could not be more excited to have Todd join our team."

"EPIC's operations in the Southeast continue to grow by welcoming power houses like Todd," said Steve Needle, Managing Principal of EPIC's Southeast Region. "This is exciting for all of us, and I look forward to officially welcoming his expertise and watching our clients benefit from our ongoing growth and collaboration."

Todd Randolph can be reached at todd.randolph@epicbrokers.com or 713-705-1485.

About EPIC Insurance Brokers & Consultants

EPIC Holdings, Inc. is the corporate parent overseeing investments across the entire EPIC platform. The firm's core retail insurance brokerage business, EPIC Insurance Brokers & Consultants, now has more than 2,600 team members operating from more than 80 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to EPIC clients.

EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

For additional information, please visit https://www.epicbrokers.com/.

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