Spring Once Again Named Power Broker

top employee benefits brokerWe are pleased to announce that Risk & Insurance has honored two Spring Partners in their Power Broker award series for 2016.

Spring Managing Partner Karin Landry has been named a 2016 Power Broker and Spring Partner and Integrated Disability Management Team Lead Karen English, has been named a 2016 Finalist by the magazine. Landry’s award is in the Employee Benefit category and English was named in the Workers’ Compensation category.

The Power Broker designation recognizes “creative risk solutions, industry knowledge and superior customer service.”

“We couldn’t be prouder that two members of our team have received such distinction,” remarked John Cassell, Spring Senior Partner. “It is great to see that their hard work and dedication to developing innovative solutions for their clients has been recognized with high honor.”

Walpole Lyons 50th AnniversaryLandry has over 25 years of experience in the insurance, health care, risk financing, retirement and benefits industries. She is an internationally recognized leader in captive insurance strategy, benefits and financing. She is Past-Chairman of the Board of The Captive Insurance Company Association and a member of the ERISA Industry Committee and was recently appointed to the Board of Directors for Fallon Community Health Plan. She is also a Professor of Employee Benefits and member of the finance committee for the International Center of Captive Insurance Education part of the University of Vermont. Karin’s expertise around benefits allowed her to co-author a white paper for Business Insurance Magazine titled “Captives for Benefits: How to Use a Captive to Save Money and Enhance Benefits Coverage”, which is currently a top seller. Both Vermont and the US Virgin Islands asked Karin for input and guidance with their recent legislative changes. Prior to joining Spring, Karin was President of Watson Wyatt Insurance & Financial Services in the United States and Head of the Health & Welfare division for the eastern region.

Walpole Lyons 50th AnniversaryEnglish has over 20 years of experience in the P&C and health & welfare arenas with an emphasis on product development, risk financing, process improvement and project implementation. She provides strategic direction, quantitative & qualitative analysis and implementation expertise for workers’ compensation, disability, absence, health and productivity programs that allows her to routinely work with alternative risk financing vehicles such as captives. She is currently on the Executive Advisory Board for the Disability Management Employer Coalition (DMEC), where she recently was awarded the Partnership Award, the organization’s top annual honor. Prior to joining Spring, Karen was a Senior Consultant with Watson Wyatt’s US Insurance & Financial Services division, a risk manager with US Bancorp and a P&C broker for both Marsh and Aon.

Upcoming Webinar: Results of the 5th Annual DMEC/Spring Leave Management Survey

Leave Management surveyPlease join Spring Partner and Head of our Health & Productivity Team, Karen English for an upcoming webinar that explores and analyzes the results of our 5th annual leave management survey which is co-sponsored by the Disability Management Employer Coalition (DMEC).

The results are in for the 5th annual survey of employer leave management practices and challenges. Hear from over 900 employers on how they manage all types of leaves. Spring has partnered with DMEC to understand employer challenges in managing all types of leaves, including Family and Medical Leave Act (FMLA), state family and medical leaves, military leave (USERRA), state military leave, jury duty, other state mandated leaves, municipal/county leaves, and other company specific leaves (e.g., bereavement, administrative, personal leaves).

You will also receive tips for best practices identified in the survey and as identified by industry experts in absence management.

The webinar will take place on Thursday, February 4th at 12pm ET and can be accessed here.

The webinar costs $29.95 for non-DMEC members to attend, but if you sign up to receive our Spring Newsletter using the form below, we will give you a discount code that will enable you to attend for free!

More info about Spring’s Industry and Employer Surveys can be found here.

Spring Consultant to Present at Captive Insurance Educational Conference

captive insuranceIt was recently announced that Spring Head of New Market Development and Senior Consultant, Peter Bandarenko, would be presenting at this year’s prestigious 4th Annual Captive Insurance Conference presented by the American Conference Institute.

This year’s conference will run from May 2-3, 2016 at the Carlton Hotel on Madison Avenue in New York City. The event regularly attracts the top echelon of the captive insurance industry and serves as a great educational session for all levels of industry experience. This is the second year in a row that Bandarenko will be a presenter.

More information on the presentation can be found in this downloadable pdf.

Spring Managing Partner Ranked Among 10 Most Influential in Captive Insurance Industry

captive insurance awardSpring is proud to announce that managing partner, Karin Landry has been named by Captive Review to the publication’s “Power 50” list for 2015.

The Power 50 list is widely considered as a “who’s who” listing of the captive insurance industry. It includes influential consultants, regulators, industry pioneers and thought leaders. Within the list, the judges rank the top 50 most influential professionals for the concluding year and Landry was ranked #10 this year.

Landry and her counterparts on this year’s list will be featured in the February edition of Captive Review.

We couldn’t be more proud for Karin and our entire captive team of consultants and actuaries. Here’s looking to continued success as we head into 2016!

Upcoming Webinar: Emerging Models for Integrated Health Care

karen english spring consultingPlease join Spring Partner and Head of our Health & Productivity Team, Karen English for an upcoming webinar moderated by Employee Benefit News titled “Making the Connection: Integrating Employee Benefits to Improve Health Outcomes.”

This session will explore the dilemma employers face in balancing cost versus coverage when selecting health care plans and what they can do to make their employee benefit packages more attractive. Employers are quickly finding that, where ancillary employee benefits and voluntary products like pharmacy, dental, vision, disability, etc., used to be a want, they have now become a need in order to offset healthcare costs and build a benefits package that helps them attract/retain top talent.

English will be presenting along with representatives from Anthem, Jostens and SourceMedia. It will take place on October 22nd at 2pm ET.

For more information and to sign up for this webinar, please visit here.

Spring Managing Partner Recognized as One of the 25 Most Influential Women in Benefit Advising

Most Influential Women in Benefit Advising

Image courtesy Employee Benefit Advisor

It was announced this week that Spring’s Managing Partner, Karin Landry was named one of the 25 “Most Influential Women in Benefit Advising” by Employee Benefit Adviser Magazine.

This special honor, which is awarded annually, recognizes “women making a difference in the field” and are “taking the field to unprecedented heights.” It is comes in a year in which Spring has been honored with a number of prestigious awards recognizing our hard work, leadership and creativity. In addition to this most recent distinction, Spring has also won Risk & Insurance Magazine’s “Power Broker” award and Captive Review’s “Employee Benefits Specialist of the Year” in 2015.

More information about “The Most Influential Women in Benefit Advising” list can be found here.

Spring Recognized as Top Employee Benefits Firm in Captive Insurance Industry

employee benefits captiveIt was announced last night that Spring has been awarded the “Employee Benefits Specialist of the Year” U.S. Captive Service Award for 2015.

The U.S. Captive Service Awards are awarded annually, by the industry publication Captive Review, to recognize “excellence in the delivery and management of captive insurance and celebrate innovation, commitment and expertise in the captive insurance field.”

Spring has been leading the charge in the emerging employee benefit captive market for over a decade and our involvement and leadership in this space was never on display more than over the past year. With the Department of Labor’s sunsetting of the Expedited Process (EXPRO) for obtaining an ERISA prohibited transaction exemption (PTE) in 2012, there was a great deal of concern and uncertainty among the U.S. captive community. Spring lead the way in blazing a trail that would culminate in the reinstatement of EXPRO earlier this year.

Spring’s successful PTE approval for our client, Intel, to write their life and accidental death and dismemberment coverage in their existing captive in May of 2014, was one of the two cases the DOL based the eventual return of EXPRO on.

Further, Spring client Sealed Air Corp was one of the first companies to successfully utilize the new EXPRO process earlier this year and is now permitted to write their life and accidental death and dismemberment coverage in their P&C captive.

Finally, in April 2014, Spring was awarded with our 8th US patent for employee benefit funding strategies. This most recent patent outlines Spring’s process for funding retiree benefits including pensions, defined contributions and other retirement programs through a partially, wholly or non-owned captive insurance company. The patent also outlines the process for terminating a pension plan, funding additional employee benefits through a captive and also the reinvestment of captive assets to generate additional assets.

“It was a banner year for our employee benefits team and we are very enthusiastic about what we were able to accomplish,” commented Karin Landry, Spring’s Managing Partner and head of the captive consulting teams. “We are grateful to Captive Review for this gracious recognition of the team’s hard work.”

The award was handed out at a gala last night, kicking off this week’s annual convention of the Vermont Captive Insurance Industry Association’s (VCIA) annual conference in Burlington, Vermont. More information about the U.S. Captive Service Awards can be found here.

Spring Partners to Speak About Absence Management at Regional Employee Benefits Event

teri weber spring consulting groupkaren english spring consultingWe are proud to announce that Spring’s Managing Partners and Absence Management Consultants Karen English and Teri Weber, have been asked to present at an upcoming New England Employee Benefits Council (NEEBC) event.

English and Weber will be presenting with Ruth Galvin and Cynthia Leven from Staples and Michael Soltis from Jackson Lewis P.C. The title of their presentation will be: Trends in Absence Management: FMLA, ADA, Paid Sick Leave and Beyond.

The event will take place on Thursday, August 13 at the headquarters of BJ’s Wholesale Club in Westborough, MA. More information about the event, including registration details, can be found here.

Of course, if you are interested in finding out more about our award-winning absence management consultation and research, please contact us and we can set up some time for you to chat with a member of our team.