The Anchor Report is the regular round-up of analyses prepared by our team of experts in benefits consulting, property & casualty insurance, and retirement plan advisory services.

Henderson Brothers Announces an 86 Net Promoter Score

We are thrilled to announce our highest net promoter score in recognition of our commitment to world-class customer satisfaction. What is a Net Promoter Score and how does it measure customer satisfaction?

How A Leading Health System Saved $3.5m In Pharmacy Costs

When pharmacy costs increased at an unsustainable rate of 9% per year, a leading healthcare system looked to Henderson Brothers for expertise and partnership. Our Pharmacy Director and benefits practice analytics team conducted a comprehensive evaluation of the client's pharmacy claims and overall program design to implement our unique approach and ultimately realize $3,541,337 in total plan savings. See the case study.

Hiring During Tough Times: Utilizing Tech Tips to Enhance Productivity

When considering the possibility of a global recession this year, there are vital approaches to HR technology that businesses should consider when managing their talent needs. Maggie Boucher shares areas to use HR Tech to enhance productivity. Contact Maggie to learn more about how to leverage HR Technology in the new year at (412) 754-3245 or mwboucher@hb1893.com.

Attract Top Talent Without Overpaying for Benefits

Attracting and retaining top talent is a priority for your company and requires a competitive yet affordable benefits plan. Find your cost/benefit sweet spot by participating in our 2023 benefits benchmarking survey. If you need assistance in completing this survey, please contact Sean Hallisey at (412) 754-3141 or sphallisey@hb1893.com.

You’re Invited: State of The Transportation Industry Panel Event

Registration is now open for our State of the Union Transportation Panel Event on May 11th at the Chief's Room in Acrisure Stadium. Join us for an afternoon of panel discussion, keynote speaker PA Sen. Wayne Langerholc, and a networking reception. To learn more, please contact Mak Kelly, Transportation Practice Leader, at (412) 754-3217 or makelly@hb1893.com.

The Forgotten Coverage: Pollution Liability/Environmental

Many insureds are under the false impression that their property, liability, or automobile policies will cover an environmental incident. These standard policies may respond in some instances, but there is minimal coverage, and, in some cases, absolute exclusions for a pollution event. Thomas Philbin outlines some potential environmental exposures and different pollution coverages available. Contact Tom to learn more at (412) 754-3289 or tjphilbin@hb1893.com.

Understanding Active Assailant Insurance

Active assailant insurance policies are still a relatively new — but an increasingly important— type of coverage. This whitepaper from the Education Practice Group summarizes what you need to know.

The 2023 Henderson Brothers Property & Casualty Market Outlook

Businesses need to know which factors may impact their insurance coverage in 2023 and what trends to watch. While the commercial insurance space will remain challenging this year, it may present more favorable conditions for some insurance buyers.

OSHA Panel Discussion

Recently our Claims Department In-House Counsel, Brandon Mohr, and Risk Control Leader, John Aliveto, sat down to discuss why OSHA conducts investigations, how the inspection process works, what resolutions to expect, and the implications for your insurance. If you have additional questions or would like to discuss our latest OSHA Enforcement Update in greater detail, please reach out to the Henderson Brothers Risk Control team at riskcontrol@hb1893.com.

The National Association of Plan Advisors Recognizes HB Retirement 

We are proud to announce that HB Retirement was named to the National Association of Plan Advisors list of the nation’s top defined contribution (DC) Advisor Teams! Great job team!

Financial Market Snapshot: Q1 2023

Overall, the first quarter of 2023 was challenging, with market participants quickly shifting their expectations back and forth regarding potential risks and rate hike expectations. Read our full analysis here.