Our March round table discussions are on managing healthcare challenges.
- Understanding the roles of your service providers.
- The role of CFO as a fiduciary to the health and welfare plan.
- How the fiduciary process is set up to protect plan members, but also protects shareholders.
- Role of brokers/advisers
- Simple plan design strategies to save money today and impact long term risk.
Andy Kaelin is our speaker/facilitator. Andy is the the Lead Consultant and Managing Member of KBIC Consulting. Andy grew up in central Indiana and graduated with a degree in Finance from St. Louis University in 2003. He was hired out of college by Federated Insurance and soon was managing a sales team in St. Louis, MO. A promotion brought him back to Indianapolis where he managed Federated’s central Indiana sales-office.
In 2010, he left Federated to start his own consulting practice, KBIC, with the belief that in order to advise clients objectively, he had to disaffiliate himself completely from all insurance products, commissions, revenues, and biases. KBIC’s model has evolved into a full-service 3rd party fiduciary serving corporate insurance plans and programs. This means KBIC manages the internal insurance duties for its clients. These duties are commonly referred to as the employer’s fiduciary and settlor functions. A quality fiduciary and settlor process results in the purchase and management of the highest quality insurance products at the most reasonable cost point. This benefits both employees and shareholders. KBIC delivers the labor and expertise that many large corporations keep on-staff (i.e. Risk Manager or HR Director) to companies who typically employ between 10 and 300 employees.
60% of KBIC’s business is related to employee benefits and the remainder from property and casualty services.
Click HERE for more information on KBIC.
We will have CPE for this event.