Our consultancy firm offers resources for protecting people and managing risk, whether as a trusted advisor to top management or as a hands-on coach for frontline employees. Regardless of the challenge, we prioritize delivering results and equipping our clients with the appropriate solutions.
In 2024, employers across all sizes and industries encountered several trends influencing the employee benefits market. These trends, including escalating healthcare costs, a competitive job market, and regulatory concerns, shaped how employers addressed operational challenges. Notably, concerns like healthcare costs and labor market pressures are expected to persist into the coming year.
Read more
Over the past few years, the commercial insurance sector has been grappling with persistent challenges. Rising claim frequency and severity, coupled with social inflation, evolving cyber risks, and continued losses from catastrophic natural disasters, have created a prolonged hard market. In response, carriers have responded by tightening underwriting standards, reducing capacity, and increasing premiums across most lines of coverage.
Read more
With the ever-evolving landscape of cyberthreats, the cyber insurance market can be particularly volatile and dynamic. Frequent market fluctuations make it challenging to accurately predict pricing. The CrowdStrike and Change Healthcare incidents underscored the significant impact of a single cyberattack on multiple organizations and business sectors. Considering the potential consequences of systemic events like these, it’s plausible that insurers may adopt stricter underwriting guidelines in 2025 and be less inclined to reduce rates. While current price predictions suggest lower rates, individual experiences may vary.
Read more
CONSULTING SERVICES
United Benefits offers advisory services for employee benefits and risk management to mitigate healthcare costs and accomplish their desired outcomes. We partner with a leader in the digital insurance market, allowing us to empower our clients to make smarter business decisions throughout the entire lifecycle for better health, wellness, and safety.
Read more
ADMINISTRATION
United Benefits builds responsive, high-value customer service experiences. We partner with you to provide a flexible, user-centered benefits delivery experience that evolves with your company’s needs. Our service model offers expertise that helps us provide administrative best practices. Quality control helps maintain benefits administration compliance and efficiency, and our in-house support team improves response time and removes the frustrations with multiple systems or vendors.
Read more
COMPLIANCE
As the regulatory landscape grows more complex, our services help clients stay up-to-date on changing federal and state legislation and manage regulatory requirements. We provide a single source of compliance resources offering a wide range of content, tools, and applications for risk management.
Read more
COMPLIANCE 2024
2023 presented employers with many new and difficult compliance challenges, including federal and state laws and regulations expanding worker protections, widespread adoption of artificial intelligence (AI) in the workplace, and increased enforcement actions by federal agencies. Employers have had to respond as courts and federal agencies addressed several hot-button issues. In addition to these novel and growing compliance challenges, employers have also had to navigate record-high inflation, economic slowdown, and an unusually resilient labor market.
For many employers, these challenges made it more difficult to prioritize compliance or establish successful mitigation strategies because they lacked sufficient time, proper resources, or trained personnel. Entering 2024, employers will continue to face the challenge of responding to new legal requirements and increased enforcement efforts.
Read more
HR INSIGHTS
As we step into 2025, small employers in New Jersey and Pennsylvania face unique challenges and opportunities in the ever-evolving HR landscape. Key trends include adapting to new labor laws, enhancing employee wellness programs, leveraging technology for recruitment and retention, and addressing the growing demand for remote or hybrid work options.
Read more
CYBERSECURITY
Studies show the vast majority of U.S. small businesses need a formal internet security policy for employees, and only about half have even rudimentary cyber security measures in place. Despite significant cyber security exposures, 85% of small business owners believe their company is safe from hackers, viruses, malware, or data breaches. This disconnect is largely due to the widespread, albeit mistaken, belief that small businesses are unlikely targets for cyber attacks.
A data breach could cripple your small business, costing you thousands or millions of dollars in lost sales and/or damages. We have the tools necessary to ensure you have the proper coverage to protect your company against losses from cyber attacks. Please feel free to contact us today to for additional cyber risk management guidance and insurance solutions.
Read more
MALWARE
Ransomware is a form of malware that locks users out of their files or devices and then demands payment to restore access. Ransomware attackers hit businesses, organizations, and individuals alike. As cyber incidents become more prevalent, organizations must bolster their security posture. Doing so helps organizations prevent such incidents and allows them to secure adequate cyber insurance. Our guide provides businesses with more information to mitigate ransomware exposures.
Read more
IDENTITY PROTECTION
Every year, millions of people become victims of identity theft. When cybercriminals strike, knowing what to do or where to turn is hard. Rather than leaving security up to chance, you can proactively arm yourself against cybercrimes and reputation hijacking with IDShields™ services.
Read more