miEdge in conjunction with SourceMedia provides the 2016 top 50 large-group employee benefits brokerages in the U.S.
New Boston, NH – January 12th, 2017, miEdge™ the premier provider of Form 5500 health & welfare, financial and analytic solutions, announced market place ranking* for the top 50 large-group employee benefits insurance brokerages in the U.S.
Mark Smith, Founder & CEO of miEdge comments, "This ranking is unique, independent and provides very interesting analysis. The top 50 brokers and consultants on this list now control 57% of the current Large Group commissions. Although this is only up 500 basis points on 2015 it represents over $300 million in additional commissions. We see this trend continuing for the forseeable future with continued consolidation and new entrants to the marketplace like the recent announcement of Alera Group. Mercer is still the industry leader with the merger of Towers and Willis cementing 2nd place.”
Growth percentages are based on Form 5500 Schedule A data submitted to the Department of Labor. As such, groups under 100 lives, government entities and church plans are not required to file. Any disclosure on Schedule C’s are not contemplated in these numbers.
SourceMedia, an Observer Capital company, is a diversified business-to-business digital media company serving senior professionals in the financial, technology and healthcare sectors. Brands include Accounting Today, American Banker, The Bond Buyer, Employee Benefit Adviser, Employee Benefit News, Financial Planning, Health Data Management, Insurance Networking News and On Wall Street.
miEdge™ is the leader in prospecting solutions specifically designed for insurance & financial professionals. The innovative miEdge solution utilizes Form 5500 data from the Department of Labor and applies proprietary business logic, along with algorithms and data cleansing to provide unrivaled data intelligence in an easy to use intuitive interface. miEdge technology solutions include; Employee Benefits Health & Welfare and Retirement prospecting. Health & Welfare Analytics and Custom Advertising Solutions. Visit www.miedge.biz to learn more.