Discover how this family-owned manufacturing company transformed their employee benefits strategy with innovative solutions from Cottingham & Butler.
Key Results
The Challenge
As a family-owned manufacturing company with deep Midwest roots, this client exemplifies the American entrepreneurial spirit. As their company grew from a small operation to a thriving enterprise with over 200 employees, so did the complexity of their employee benefits needs.
Facing mounting cost pressures and a desire for more sophisticated benefits solutions, the client turned to Cottingham & Butler for a dramatic turnaround in their benefits strategy.
Why They Need Change
Escalating benefits costs had doubled in just four years
Complex web of multiple vendors creating administrative burden
Growth opportunities hindered by reactive benefits approach
Need for sophisticated risk management beyond traditional solutions
Local service limitations holding back strategic initiatives
The Cottingham & Butler Approach
Strategic Risk Management
Our alternative risk expertise opens new possibilities for organizations ready to take control of their healthcare costs. For this employer, we leveraged our member-owned group stop-loss captive to transform their benefits strategy, creating both immediate savings and long-term stability.
Reduced fixed costs by 30% through GuideRe captive implementation
Delivered $113,000 in medical benefits savings within first six months
Created opportunity for premium returns in favorable years
Established predictable long-term cost structure with enhanced protection
Benefits Consolidation & Enhancement
By consolidating multiple vendor relationships into a comprehensive package, we created a streamlined program that improved coverage while reducing costs across all benefit lines.
Consolidated multiple carriers into single comprehensive solution
Generated $44,000 in immediate non-medical benefits savings
Implemented three-year rate guarantees across all lines
Enhanced coverage with higher guaranteed issue limits and income protections
Delivered average $250 annual savings per employee on voluntary benefits
Technology & Administrative Solutions
Our dedicated technical expertise transformed complex benefits administration into a strategic advantage. For this client, our specialized tech team created a streamlined, user-friendly system supported by clear employee communications.
Secured technology credits to offset HRIS system costs
Deployed expert tech support for HRIS system optimization
Created single administrative interface for all benefits
Developed custom benefits guides and communication materials
Increased employee engagement through simplified enrollment process
"Cottingham & Butler delivered concrete results from day one. Their approach combines innovative solutions with a deep understanding of our business needs."
Ready to revolutionize your HR processes? Contact us today to begin your journey!