Renewal Analysis
We treat each and every review of your benefits program as a thorough health check.
Every year, BFL CANADA’s Actuarial and Analytics Team performs an in-depth review of your group benefits plan by analyzing your employee demographics, plan utilization, insurance company’s reserves, inflation factors and expenses to validate the insurer’s recommended renewal rates.
This review of your financial position is performed to help you make an informed decision regarding the competitiveness of your current insurance company. This also provides an opportunity to review your plan design. More than numbers, our extensive analysis will include trends that are influencing your industry.
To learn more about our Renewal Analysis, we invite you to reach out to us.
