Insurance Broker Offers Clients a Competitive Edge with COBRA Administrations
See how Brown & Brown helps clients efficiently manage their workforce and save money by partnering with isolved.
Enabling Insurance Excellence Through HR Innovation
When COBRA was introduced in 1986, isolved entered the market to help businesses navigate the nuances of the law. More than 35 years later, isolved is still one of the largest providers of COBRA and other benefit administration services nationwide.
Insurance professionals partner with isolved to help their clients efficiently manage their workforces and save money. And COBRA administration continues to be a leading service offered. Brown & Brown, the fifth-largest independent insurance brokerage in the nation, is an example of an agency that leverages isolved’s COBRA solution.
Brown & Brown develops comprehensive benefit programs to help their clients stay competitive in the talent market, while achieving organizational goals and managing rising healthcare costs. They began introducing isolved’s COBRA services in 2022. At that time, many clients were using a free COBRA service tied directly to their medical plan coverage, but it was only specific to one carrier. Despite being practical, this option wasn’t cost-effective, since the employer would have to pay for the expense of COBRA administration services when a group needed to transition away from that carrier.
A Sensible Solution
According to Lauren Kamp, benefits consultant at Brown & Brown, isolved offers a practical solution for her clients. “isolved provides a robust COBRA administration service at an affordable price point, and couples that with a seamless and simple implementation.”
In addition to the ease of implementation and consistent price point, Kamp cites the ability to integrate with Employee Navigator as one of the key benefits of partnering with isolved. “Our clients enjoy cost savings, and COBRA administration is now a seamless process if a client is integrated with Employee Navigator.”
“isolved provides a robust COBRA administration service at an affordable price point, and couples that with a seamless and simple implementation.”
— Lauren Kamp, Benefits Consultant
Superior Service
Brown & Brown prides itself on delivering innovative solutions and superior service. For last-minute client needs, they rely on isolved for support.
“We have had several COBRA implementations performed after the client's renewal effective date and isolved has always been able to retroactively implement the service. It is wonderful to know that when you're in a bind, isolved will be there to assist, rather than to add more stress and complications to your plate.”
When asked about the future of the partnership, Kamp is optimistic. “As our Employee Benefits book of business grows and expands, I see our partnership with isolved growing and expanding as well, given the consistent price point, cost savings and ease of implementation your services provide.”
Extend the Impact of isolved People Cloud™