We are now witnessing a certain tendency for consolidation of insurance brokerages in group insurance. For Segic, it is clear that the group insurance market is being transformed, and we will soon see the emergence of brokerage firms offering enhanced services, not only for group insurance but for all employee benefits.

Insurance brokers will gain an even greater advantage by using the Segic platform. Among other things, they will enjoy the following Segic benefits:

  • Higher profits thanks to Segic’s administration, processing and payment services
  • Expansion of service offerings for better client retention
  • Enhanced TPA capabilities
  • Provide managing and fully insured or self-insured plans for brokerage clients
  • Ability to issue a single, brokerage-branded group insurance card even after a change of insurers
  • Integrated actuarial service within the group insurance platform
  • Compilation and presentation of detailed information about clients’ drug use in order to produce flexible in-depth analysis
  • Transfer of member file administration and claims processing services to an outside team
  • Minimal learning curve allows administration and processing teams to achieve high productivity quickly.

The platform automates certain administrative processes that are normally very time-consuming.

Because group insurance has changed little in the last 30 years, Segic’s vision is based on innovation. We want to offer, for the first time, a complete program that integrates the management of group insurance and employee benefits, giving brokers a competitive advantage.