Working with Brokers
With the services and bonuses we now offer to our broker partners, we’re in a better position than ever to make a real impact. From pre-enrollment communication tools and technology platforms to innovative enrollment solutions, we’ve proven time and again our ability to significantly enhance core benefit participation, persistency, and—most importantly—profitability.
Partnering with Modern Workforce Solutions will drive a measurable increase in your employee benefit revenues and profits. While the results can be tracked through the three primary paths above, there are also collateral gains that may be harder to quantify but equally impactful for our broker partners and the client.
We partner with health insurance brokers to offer enrollment services & ancillary benefits to their clients.
We enroll the following benefits for our brokers
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Medical, Dental, Vision
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Disability Insurance
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Long Term Care
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Life Insurance
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Accident Protection
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Cancer & Critical Illness
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Hospital Confinement Indemnity Insurance
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Investments & Retirements
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FSA and HSA services
Beyond these measurable outcomes, we also provide ongoing support that eases the burden on HR, Office, and Finance Managers. From initial benefit onboarding to seamless integration of new hires, we help your clients focus on managing their business instead of spinning on the hamster wheel created by employee turnover.
We truly believe we have the tools, expertise, and shared goals to create something remarkable together. Let’s take this step and connect—I’m confident it will be worth your while.
Reduced Workload
We reduce the workload of your producers, freeing up their time to focus on prospecting and securing new clients.
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Enhanced Participation
We enhance the benefit communication and enrollment experience for both employers and employees. On average, when employees connect (virtually, telephonically or in-person) with a Colonial Benefits Counselor we are seeing a 17% lift in core benefit enrollment – a significant boost.
2
Earn Bonuses
Colonial has introduced an exciting new Preferred Broker Partner Executive Bonus program. This program stands out with its uncapped potential, something rare and highly advantageous for our broker partners.
3
Increased Retention
Our broker partnership offers significant opportunities for growth in voluntary benefit revenue, core benefit revenue, and additional bonus income. Your producers will have more client-facing hours each day, likely resulting in increased new business. Meanwhile, your clients will experience enhanced service, leading to stronger relationships and increased retention.