Category: Corporate News

Anil Jampana Recognized as Philadelphia CIO ORBIE® Awards Corporate Finalist

Cardinal Health’s Cell and Gene Therapy Report Highlights Brad Watts’ Journey from Patient to Advocate

Jessica Roche Named a 2025 Risk & Insurance Power Broker® Rising Star

Tim Svoboda Receives Captive International’s FORTY Under 40 Award

Conner Strong & Buckelew Growth Spurs Opening of New Regional Suburban Hub

New satellite office in suburban Philadelphia reflects Conner Strong’s astounding organizational growth and expanding client base

 

CAMDEN, N.J., February 20, 2025 – Conner Strong & Buckelew (CSB), one of the nation’s leading insurance, risk management and employee benefits brokerage and consulting firms, is pleased to announce the opening of a new regional hub located 20 miles northwest of Philadelphia at 650 E. Swedesford Road, Suite 350, Wayne, PA 19087. This expansion to the Philadelphia suburbs will provide additional space to accommodate the company’s growing workforce.

Commenting on the reasons behind expanding the company’s footprint, CSB President and Chief Executive Officer, Michael Tiagwad said, “As part of the country’s 13th largest brokerage and consulting firm we’ve experienced continued growth over the last few years. We’ve made a significant investment in increased staffing to ensure we deliver high-touch support and innovative solutions for our growing book of business. The new regional hub will enable us to reach a broader talent pool and expand our capacity as we continue to grow.

The new CSB location will also provide space to house the former CME Benefits Consulting (CME) team. This team has been operating from a separate location since CME merged with CSB five years ago. “Being under the same roof with CSB colleagues will support greater collaboration and help us deepen the services we offer to clients”, said Partner Manny Stamatakis. “In conjunction with the move we will be fully migrating our systems to CSB’s platform, making this the culmination of our five-year assimilation into the CSB family.

At Conner Strong & Buckelew client service is paramount. Expanding the company’s footprint to include the new regional hub is just one example of CSB’s commitment to remaining nimble and ensuring that every client receives exceptional service every time.

About Conner Strong & Buckelew

Founded in 1959, Conner Strong & Buckelew is a privately held firm headquartered in Camden, NJ. An industry leader in providing complex businesses with comprehensive consulting and brokerage solutions for commercial insurance and employee benefits, we have unique resources and expertise in a variety of areas, including captive and alternative risk solutions, owner and contractor-controlled insurance programs, risk control services, claims advocacy and consulting, population health, data analytics, benefit consortiums and technology-driven solutions.

For more information, visit www.connerstrong.com or follow us on LinkedIn (@ConnerStrong&Buckelew), Facebook (@connerstrongbuckelew) and Instagram (@connerstrongbuckelew).

Five Conner Strong & Buckelew Consultants Recognized by Risk & Insurance® Power Broker® Awards

Clients Saved 33% Over the Last Five Years by Self-Funding Through a Captive

A recent analysis showed that between 2019 and 2023 Conner Strong & Buckelew employee benefits clients that transitioned from fully insured to self-insured with our CREO stop-loss solution saved nearly $194 million. That equates to a savings of 33% versus what they would have spent had they remained fully insured.

Focusing on just the last year of the study, the savings trajectory becomes even clearer. The estimated per employee per month (PEPM) cost for fully insured employers was $1,812, while the PEPM for self-insured clients using our captive solution was $1,096. That’s a savings of almost 40%.

An Effective Solution Gaining Popularity

In the last year we’ve seen a 40% increase in our self-funded captive clientele as an increasing number of organizations have discovered the financial benefits of working with Conner Strong & Buckelew and transitioning to a self-funded model that includes our CREO stop-loss captive solution.

To learn more about the key advantages of our captive solution for self-funded clients, please see our snapshot overview. Then contact us to start the conversation about how we can help your organization achieve savings through this innovative approach.

About Conner Strong & Buckelew

Founded in 1959, Conner Strong & Buckelew is a privately held firm headquartered in Camden, NJ. An industry leader in providing complex businesses with comprehensive consulting and brokerage solutions for commercial insurance and employee benefits, we have unique resources and expertise in a variety of areas, including captive and alternative risk solutions, owner and contractor-controlled insurance programs, risk control services, claims advocacy and consulting, population health, data analytics, benefit consortiums and technology-driven solutions.

Since 2021 we have been an autonomously operated member of BroadStreet Partners, an insurance brokerage holding company that invests in high-performing independent agencies using a unique co-ownership business model. Collectively with BroadStreet Partners, we are among the 13 largest insurance brokerage, risk management and employee benefits consulting firms in the United States, serving clients throughout North America and abroad.

Conner Strong & Buckelew, National Headquarters, TRIAD1828 CENTRE, 2 Cooper Street, Camden, NJ 08102

For more information, visit www.connerstrong.com or follow us on LinkedIn (@ConnerStrong&Buckelew), Facebook (@connerstrongbuckelew) and Instagram (@connerstrongbuckelew)

Analysis conducted by Conner Strong & Buckelew, January 2025

Conner Strong & Buckelew Ranked #1 Insurance Brokerage in New Jersey

Conner Strong & Buckelew Launches PERMA FAIR to Combat Rising Healthcare Costs

Pioneering Changes to Health Insurance Reimbursements that Translate to Big Savings

PERMA FAIR Health and Pharmacy

 

 

 

 

CAMDEN, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) — Conner Strong & Buckelew, one of the country’s largest and most respected insurance brokerage, risk management and employee benefits consulting firms, announces the launch of PERMA FAIR Health and Pharmacy [PERMA FAIR], an independent affiliate committed to delivering cost-effective healthcare and pharmacy solutions to employers nationwide.

PERMA FAIR helps businesses lower costs, broaden coverage and improve care through a strategic indexed reimbursement model that helps eliminate unnecessary fees and streamline claims processing and payments. By negotiating directly with providers, PERMA FAIR ensures access to care at fair prices, without the need for referrals or out-of-network restrictions or penalties. The company’s proprietary claims review process focuses on improving efficiencies, eliminating overpayments and providing accurate and timely payments to providers.

Self-funded businesses partnering with PERMA FAIR could save up to 25% on healthcare costs versus traditional models. Employers can explore their savings potential via the company’s online cost calculator.

“Historically, businesses facing mounting healthcare costs are left with two choices: spend more or cut coverage. Neither is good for the business or the health and morale of employees,” said Joe DiBella, Chairman of PERMA FAIR. “We are proud to be able to provide a solution that empowers businesses to tailor custom provider networks and prioritize quality of care, outcomes and equitable healthcare provider reimbursement”.

Rooted in the legacy of PERMA, a trailblazer in municipal joint insurance funds for nearly 40 years, PERMA FAIR draws upon decades of experience in risk management services and claims program oversight. Notably, PERMA has saved taxpayers over $4 billion to date, a testament to its proven track record.

“As a veteran of this industry, I’m thrilled about the launch of PERMA FAIR and the opportunity to usher in a new era of healthcare innovation that will help businesses enhance their employee benefits programs and control costs,” said PERMA FAIR President William Green. “The growth opportunities are unparalleled, and as we continue to navigate volatile economic conditions, the need for a fair solution will remain of utmost importance.”

In addition to cost-saving healthcare and pharmacy benefits solutions, PERMA FAIR clients can expect a full spectrum of services, including stop loss coverage sourcing and a member advocacy team to answer questions, provide care navigation support and assist with dispute resolution.

About PERMA FAIR

Headquartered in Camden, New Jersey, PERMA FAIR is a privately held company committed to helping businesses find healthcare cost containment solutions. PERMA FAIR’s expertise encompasses health and pharmacy insurance, self-funded health plans, plan design, stop loss insurance, reference-based pricing, member advocacy, medical benefits and human resource and claims support. With a commitment to fairness, transparency and innovation, PERMA FAIR is partnering with businesses and providers nationwide to redefine the healthcare landscape and enhance the healthcare experience for employers and employees. The company’s solutions are primarily distributed through employer and plan sponsor benefits consultants and brokers. PERMA FAIR is an affiliate of Conner Strong & Buckelew, one of America’s largest and most respected insurance brokerages, risk management and employee benefits consulting firms. For more information about PERMA FAIR, visit www.permafair.com.

Conner Strong & Buckelew Ranked #2 in the Region