Overview

Corporate Synergies helps employers manage employee benefits and health insurance on a national scale. The consultancy guides organizations through plan design, regulatory compliance, and vendor management, offering high-touch engagement and tailored solutions along with innovative funding options to meet HR and budgeting needs. The company earns consulting fees, carrier commissions, and ongoing service fees for program management and support. It differentiates itself through over 20 years of experience, a broad national footprint, and a commitment to providing expert advice and customized benefit programs under the leadership of Andrew Bloom. The goal is to improve the benefits experience for employees while helping employers optimize and control costs in their benefits programs.

Simplify's Take

What believers are saying

• 2017 Foundation Risk Partners acquisition expands national resources.
• CEOs Andrew Bloom, John Turner, Mike Lisa drive healthcare expertise.
• Retainer agreements ensure stable revenue from compliance consulting.

What critics are saying

• Warburg Pincus divests Corporate Synergies via FRP sale in 12-24 months.
• Aon poaches Northeast middle-market clients in 6-12 months.
• FRP acquires Oswald Companies, sidelines Andrew Bloom in 6-12 months.

What makes Corporate Synergies unique

• Pioneered employee benefit advocacy services for clients' employees.
• Launched The Current Insurance Journal 2021 with expert benefits journalism.
• Deploys Synergies360℠ for cost control and compliance in benefits strategy.

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