Holmes Murphy is an independent insurance company providing risk management and employee benefits solutions since 1932, with 17 offices across 11 states and over 1,400 employees.
Testimonials
"The system that Holmes Murphy built for us was a perfect match. By becoming our own insurance company, we were given basic control of our costs and exposures, and it saved us money. We’ve been able to take seven figures off the table."
Steve Sukup - CEO, Sukup Manufacturing Co.
Products & Offerings
Detailed information about Holmes Murphy's products and services. Each offering is enriched with AI-powered insights to help you understand capabilities, features, and use cases.
Workers’ compensation is essential for nearly all businesses, covering costs and claims related to workplace injuries. Holmes Murphy provides support throughout the claims process, risk management, and helps businesses prepare for and respond to workers’ compensation claims.
Added
Product Overview
Holmes Murphy’s Workers’ Compensation solutions help businesses manage and mitigate the risks and costs associated with workplace injuries. The offering goes beyond traditional insurance by providing risk management, claims support, and customized coverage options tailored to the unique needs of each business.
Detailed Description
Workers’ compensation is essential for nearly all businesses, covering costs and claims related to workplace injuries. Holmes Murphy provides support throughout the claims process, risk management, and helps businesses prepare for and respond to workers’ compensation claims.
Key Features
Risk assessment to identify and manage largest areas of exposure
Claims management and advocacy by dedicated Holmes Murphy professionals
Return-to-work program coordination
Medical provider selection support
Strong working relationships with claim handlers
Assistance in managing and minimizing losses
Coverage options from standard to customized, with various carrier partners and risk levels
Key Benefits
Expert guidance through the workers’ compensation claims process
Customized insurance solutions based on business exposure, industry, employee count, and wage details
Risk management strategies to prevent losses and maximize workplace safety
Support in developing and coordinating return-to-work programs
Assistance in selecting medical providers and managing claims
How It Works
1.Holmes Murphy reviews business exposure, industry, employee count, wage details, and risk appetite to recommend the best insurance solutions.
2.Risk experts help identify loss drivers and create strategies to avoid or minimize risks.
3.Claims professionals assist in planning for and managing losses when they occur.
4.Ongoing support is provided for claim strategies, evaluations, and outcomes.
Businesses of all sizes and industries that require workers’ compensation coverage
Risk management leaders
Employers seeking to reduce workplace injuries and manage claims
Requirements
Business must have employees and exposure to workplace injury risk
Coverage and solutions are tailored based on industry, number of employees, wage details, and risk appetite
Detailed Sections
Prepare for Workers’ Compensation Claims
Workers’ compensation is a necessity for nearly all businesses. Sometimes frustrating and costly, claims can impact your business, but you don’t have to navigate the process alone.
The best workers’ compensation loss is the one that never happens. We help locate your largest areas of risk and determine how to manage them.
Preventing Loss, Maximizing Safety
Know What to Expect
A Loss Has Occurred. Now What?
Why Holmes Murphy’s Workers’ Compensation Solutions are Right for You
Holmes Murphy approaches workers’ compensation in more ways than just purchasing insurance. Our team of experts review and ensure the appropriate exposure is being considered when placing your insurance, including correct industry, number of employees, and wage details as well as your risk appetite and unique needs to provide the strongest options and best long-term fit.
Going Beyond Traditional Workers’ Compensation Insurance
Holmes Murphy strives to understand your business, your needs, and your past experiences to identify opportunities to improve all various areas of risk. This includes assisting your risk management leaders in locating loss drivers and creating strategies to avoid or minimize those risks. We have seasoned risk experts and resources that not only focus on what has occurred in the past but look ahead to see possible new areas of risk and emerging trends.
Return-to-work programs
Medical provider selection
A strong working relationship with your claim handlers
Proper assistance in managing losses
Let’s Get Started!
Ready to meet with a Holmes Murphy Workers’ Compensation expert?
Third-Party Claims by Holmes Murphy is a claims management solution designed to help businesses manage and mitigate the risks and costs from insurance claims. The offering provides a comprehensive, proactive approach to claims management, including custom cost-containing strategies, risk management, and faster claims settlement. Holmes Murphy, in partnership with Creative Risk Solutions (CRS), acts as a third-party administrator, guiding clients through the claims process before, during, and after a loss.
Added
Product Overview
Holmes Murphy's Third-Party Claims offering provides comprehensive and proactive insurance claims management services to help companies mitigate risks and costs associated with insurance claims. The service includes custom strategies, risk management, and claims consulting, with a focus on personalized support and cost containment.
Detailed Description
Third-Party Claims by Holmes Murphy is a claims management solution designed to help businesses manage and mitigate the risks and costs from insurance claims. The offering provides a comprehensive, proactive approach to claims management, including custom cost-containing strategies, risk management, and faster claims settlement. Holmes Murphy, in partnership with Creative Risk Solutions (CRS), acts as a third-party administrator, guiding clients through the claims process before, during, and after a loss.
Key Features
Custom claims handling instructions tailored to each client
Personalized claims consulting
Regular follow-up and communication
Specialization in workers’ compensation and liability claims
Innovative and effective solutions customized to client needs
Lower-than-industry-standard caseloads (approx. 140 claims per adjuster)
Support from initial audit through claim resolution
Key Benefits
Mitigates risks and costs from insurance claims
Comprehensive and proactive claims management strategy
Custom cost-containing strategies
Effective risk management
Faster insurance claims settlement
Personalized roadmap to recovery for each client
Guidance before, during, and after a loss
Lower caseloads per adjuster for more focused service
Extension of the client’s team
How It Works
1.Initial audit of claims and risk profile
2.Development of custom claims handling instructions
3.Ongoing communication and support before, during, and after a loss
4.Regular follow-up to ensure progress and resolution
5.Collaboration with Creative Risk Solutions as third-party administrator
Roadmap to Recovery: Personalized roadmap to recovery for each client.
Claims Consulting: Guidance before, during, and after a loss.
Partner with Holmes Murphy & Creative Risk Solutions
After a major loss, Holmes Murphy and CRS assist in maximizing recovery, minimizing business impact, and clarifying the claims process. CRS acts as a trusted third-party administrator from start to finish, specializing in workers’ compensation and liability claims.
Support from initial audit to regular follow up
Customized solutions for unique client needs
Direct communication with clients and adjusters
Third-Party Claims FAQs
Clients include captive insurance, large deductible, and self-insured accounts across diverse industries and geographies.
Special claims handling instructions tailored to each client.
Lower caseloads per adjuster (approx. 140) for better service.
Programs are specialized insurance solutions developed for homogenous groups or classes of businesses or specific lines of business (e.g., auto, property, umbrella). They include targeted coverage, pricing, and services tailored to the needs of the businesses, and are designed and administered by Holmes Murphy's team of industry experts.
Added
Product Overview
Holmes Murphy's Programs offering provides targeted, specialized insurance programs designed and administered by industry experts to address unique business risks, drive down expense and loss ratios, and deliver optimal cost of risk outcomes. These programs go beyond conventional management, leveraging deep industry expertise, innovation, and functional capabilities to create best-in-class solutions for homogenous groups or specific lines of business.
Detailed Description
Programs are specialized insurance solutions developed for homogenous groups or classes of businesses or specific lines of business (e.g., auto, property, umbrella). They include targeted coverage, pricing, and services tailored to the needs of the businesses, and are designed and administered by Holmes Murphy's team of industry experts.
Key Features
Programs designed for specific industries or business classes
Alignment of rates, coverages, and services to client needs
Turnkey solutions including actuarial services, claims processing, risk and safety, and underwriting
Functional capabilities beyond traditional MGAs
Collaboration with broker and carrier partners
Integration of technology and innovation in program design
Key Benefits
Lower expense and loss ratios
Optimized cost of risk outcomes
Access to subject matter experts and specialized services
Turnkey solutions for efficient and effective operations
Coverage tailored to unique business risks
Holistic, innovative approaches to risk management
How It Works
1.Holmes Murphy consults with clients, brokers, and carriers to identify pain points and opportunities.
2.Programs are designed based on deep industry expertise and understanding of market needs.
3.Holmes Murphy delivers a comprehensive, integrated solution including coverage, pricing, and services.
4.Ongoing collaboration ensures the program continues to address emerging risks and trends.
Broker and carrier partners looking for program management expertise
Requirements
Program size and account size vary by industry group.
Focus is on specialization and expertise rather than strict size or industry limitations.
Programs are built in collaboration with long-term clients and industry concentrations.
Detailed Sections
Targeted Programs Tailored to Your Unique Needs
When your coverage isn’t cutting it, an insurance program designed and administered by industry experts can help drive down your expense and loss ratios.
Caring for Your Potential with Specialized Programs
By developing specialized insurance programs for your class or line of business, we can align rates, coverages, and services to deliver optimal cost of risk outcomes.
Expertise across industries
Turnkey solutions for efficiency and effectiveness
Access to subject matter experts and services
Specialized Expertise
Our team and network collaboratively deliver expertise within targeted industries. We understand the unique risks and requirements of your business, and we want to hear directly from you about the challenges you’re seeking to overcome.
Identify pain points and opportunities to reduce expense and loss ratios
Design programs that address your needs and protect what matters most
Innovative Mindset
Innovation is at the core of our mission. Leaders seeking a program to provide a solution to their coverage concerns know that they need think outside the box, and that’s what we’re here to do.
From actuarial services, claims processing, risk and safety, underwriting, and more, we seek to fully integrate functional expertise beyond what most MGAs can offer.
Comprehensive approach to program design
Distinctive insight and value for clients and partners
Programs FAQs
Programs are for homogenous groups or specific lines of business
Programs include targeted coverage and pricing
No strict size or industry limitations; focus on specialization and expertise
Captive insurance enables businesses to replace traditional insurance with a model where they own their insurance company, gaining control over premiums, returns, and risk management. It is designed for organizations seeking more transparency, stability, and the ability to invest insurance savings back into their business and employees.
Added
Product Overview
Captive Insurance from Holmes Murphy offers businesses an alternative to traditional insurance by allowing them to own their insurance and control outcomes. This approach provides greater transparency, stability, and the potential for profit sharing, while fostering a network of like-minded business leaders focused on best practices, safety, and wellness.
Detailed Description
Captive insurance enables businesses to replace traditional insurance with a model where they own their insurance company, gaining control over premiums, returns, and risk management. It is designed for organizations seeking more transparency, stability, and the ability to invest insurance savings back into their business and employees.
Key Features
Customizable coverage options
Group captive structures for property casualty and employee benefits
Businesses frustrated with traditional insurance pricing and lack of transparency
Companies seeking stability and control over large business expenses
Organizations with a focus on improving safety culture or employee health
Privately held companies
Employers with $200,000+ in combined Workers’ Compensation, General Liability, and Auto premiums (for Property Casualty group captives)
Companies with 50+ enrolled employees and good claims performance (for Employee Benefits group captives)
Entrepreneurial leaders and those embracing 'risk for reward'
Requirements
For Property Casualty group captives: $200,000+ in combined premiums for Workers’ Compensation, General Liability, and Auto
Privately held ownership structure
Commitment to improving safety culture
Desire for control and willingness to embrace risk for reward
For Employee Benefits group captives: 50+ enrolled employees, good claims performance, existing fully insured or self-insured benefits structure, commitment to employee health
Detailed Sections
Do Business Boldly
Your policy should work for you. Replace the pain of traditional insurance with Captive insurance so you can focus on what matters – your business and employees.
Captive insurance allows you to own your insurance and the success it brings, grow your professional network, and prioritize health and wellness.
Customize Your Coverage
Grow Your Network
Prioritize Health & Wellness
Is Captive Insurance Right for You?
Captive insurance is ideal for businesses frustrated with traditional insurance, seeking stability, transparency, and control. It allows you to own your outcomes and maximize long-term strategy.
Control over individual premiums and returns
Stability from market volatility
Opportunity for underwriting profit
Incentivized improvement in risk, safety, and wellness
Types of Captive Insurance
Overview of Property Casualty group captives, Employee Benefits group captives, and other captive structures.
Property Casualty Group Captives
Employee Benefits Group Captives
Single-Parent Captive
Association Captive
Agency Captive
Segregated Portfolio Company
Portfolio Insurance Company
Captive Insurance FAQs
Answers to common questions about the benefits and fit for captive insurance.
Cyber Liability insurance from Holmes Murphy is designed to protect businesses from the financial, operational, and reputational harm caused by cyber incidents. The service includes risk assessment, tailored insurance coverage, and ongoing risk management support to ensure cyber resiliency.
Added
Product Overview
Holmes Murphy's Cyber Liability offering provides tailored cyber insurance and risk management strategies to protect businesses from cyber risks such as data breaches, ransomware, phishing, and evolving technology threats. Their cyber risk advisors assess each client's unique risks and offer comprehensive protection, including advisory services, incident response resources, and proactive risk management.
Detailed Description
Cyber Liability insurance from Holmes Murphy is designed to protect businesses from the financial, operational, and reputational harm caused by cyber incidents. The service includes risk assessment, tailored insurance coverage, and ongoing risk management support to ensure cyber resiliency.
Key Features
Full coverage service with tailored insurance and risk management
Cyber risk assessment and valuation
Loss modeling and predictive analysis
Peer benchmarking against industry peers
Threat intelligence and real-time risk monitoring
Incident response planning and resources
Employee security awareness training and phishing simulation
Implementation of prevention strategies (MFA, MDR/EDR, air-gapped backups)
Ongoing advisory and support
Key Benefits
Comprehensive protection against cyber risks and data breaches
Tailored insurance strategies based on unique business needs
Access to cyber risk advisors and consultants
Data-driven decision making using loss modeling and benchmarking
Proactive risk management and incident response resources
Negotiation of competitive rates and tailored terms with insurance carriers
Support throughout the claims process
Use Cases
Protection against data breaches and cyber attacks
Mitigating financial, legal, and reputational risks from cyber incidents
Ensuring business continuity after ransomware or other cyber events
Aligning insurance coverage with evolving cyber threats
How It Works
1.Holmes Murphy's team collects data on the client's current cyber security posture and exposures.
2.Cyber Advisory Tools are used to provide loss modeling, risk identification, and benchmarking.
3.A tailored insurance and risk management strategy is developed based on the assessment.
4.Holmes Murphy negotiates with carriers to secure the best coverage and terms.
5.Clients receive ongoing support, including incident response and claims advocacy.
Organizations with digital operations or sensitive data
Companies seeking to mitigate cyber risk and ensure compliance
Requirements
Engagement with Holmes Murphy's cyber risk advisors for assessment
Willingness to implement recommended cyber security best practices for optimal coverage
Detailed Sections
Protect Your Business From Cyber Risk
A data breach harms your business, budget, and the trust you’ve built with your customers. Our cyber risk advisors can assess your risks and offer comprehensive protection with cyber liability insurance and risk management strategies, designed to protect what matters most.
Cyber security threats continue to increase and evolve, putting organizations of every size at risk. Holmes Murphy’s Cyber Advisory Tools enable a smarter approach to cyber insurance decisions and proactive cyber risk management.
Risk Valuation: Data-driven threat modeling and loss tracking.
Peer Benchmarking: Compare insurance purchasing with industry peers.
Predictive Analysis: Tailored company assessments to quantify loss potential.
Threat Intelligence: Real-time data on threat vectors and vulnerabilities.
Cyber Security FAQs
Data breaches: Illegal access, theft, or exposure of sensitive information.
Phishing attacks: Deceptive emails or sites to steal information.
Ransomware: Data encryption and payment demands.
Malicious insider threats: Employees or contractors misusing access.
Evolving technology risks: Lawsuits and complexities from new technologies.
Strengthen Your Cyber Security with Holmes Murphy
The cyber security landscape continues to evolve. Holmes Murphy helps businesses prepare for and prevent cyber incidents.
Trusted Cyber Security Experts
Holmes Murphy helps manage, reduce, and insure against cyber risks, providing best practices and guidance for prevention and incident response.
Manage Your Cyber Risk With Data-Backed Decisions
Holmes Murphy collects data on your cyber security posture and exposures, uses Cyber Advisory Tools for loss modeling and benchmarking, and tailors programs to your needs.
Reduce The Likelihood of Attack With Strong Cyber Security Posture
Prevention strategies include MFA, MDR/EDR, air-gapped backups, employee training, and incident response planning.
Multifactor authentication (MFA) for remote and privileged access
Managed Detection and Response (MDR) and Endpoint Detection and Response (EDR)
Isolated air-gapped backups
Employee security awareness training and phishing simulation
Practiced and tested Incident Response Plan
Cyber Liability Insurance Keeps Your Business Safe
Holmes Murphy secures the best cyber insurance coverage options, negotiates competitive rates, and advocates for clients during claims.
Data Analytics at Holmes Murphy uses cutting-edge technology and the CLUE platform to deliver deep insights into benefit structures, program design, and claim activities. The solution is designed to help organizations identify patterns, performance drivers, and areas of risk, empowering strategic decisions and driving measurable improvements.
Added
Product Overview
Holmes Murphy's Data Analytics offering leverages advanced technology and analytics capabilities to provide clients with comprehensive data insights. Central to this is the proprietary Client Learning and Understanding Engine (CLUE), which delivers actionable intelligence for property casualty and employee benefits needs, enabling informed decision-making and improved business performance.
Detailed Description
Data Analytics at Holmes Murphy uses cutting-edge technology and the CLUE platform to deliver deep insights into benefit structures, program design, and claim activities. The solution is designed to help organizations identify patterns, performance drivers, and areas of risk, empowering strategic decisions and driving measurable improvements.
Key Features
Proprietary Client Learning and Understanding Engine (CLUE) platform
Comprehensive analytics for property casualty and employee benefits
Real-time insights into claim activities and benefit structures
Pattern and risk identification across organizations
Data-driven intelligence tailored to client goals
Interactive dashboards for service consultants
Benchmarking and modeling tools for claims and benefits
Key Benefits
Enables informed, data-driven decision-making
Improves program performance and outcomes
Identifies cost drivers and risk factors
Supports proactive management strategies
Facilitates cost control and efficiency improvements
Scalable for businesses of all sizes
Use Cases
Strengthening safety culture and risk assessment in manufacturing
Controlling auto claims costs for contractors
Managing healthcare costs and improving employee health outcomes for large employers
Organizations seeking to optimize property casualty or employee benefits programs
Employee benefits leaders
Employers aiming for cost control and workforce wellbeing
Businesses of all sizes, including those with small datasets
Industries facing risk management, safety, or claims challenges
Detailed Sections
Making Informed Decisions
Holmes Murphy is equipped with cutting-edge technology and analytics capabilities that provide comprehensive data insights to our clients. At the forefront of our global approach to analytics is our proprietary platform, Client Learning and Understanding Engine (CLUE).
CLUE is designed to facilitate your property casualty or employee benefits needs with comprehensive insights into your benefit structure, program design, and claim activities, enabling informed decision-making and improved performance.
Understanding: Gain a deeper view into your business by identifying patterns, performance drivers, and areas of risk across your organization.
Insights: Empower strategic decision-making with data-driven intelligence tailored to your goals.
Impact: Drive measurable improvements in program performance and outcomes.
See the Impact of Utilizing CLUE Insights
Case studies demonstrating the impact of data analytics on safety culture, cost savings, and workforce health.
Building a Stronger Safety Culture: Manufacturer improved safety and resilience.
Driving Cost Savings Through Data: Contractor identified and controlled auto claims costs.
Building a Healthy Workforce: Large employer addressed healthcare costs and late-stage cancer detection.
Surety Bonds from Holmes Murphy provide financial guarantees for a variety of business needs, including contract, commercial, and miscellaneous obligations. The service is designed to empower clients by simplifying the surety process and offering expert guidance throughout the application and bonding lifecycle.
Added
Product Overview
Holmes Murphy offers a comprehensive suite of surety bond solutions, including contract surety, commercial surety, and miscellaneous bonds. Their expertise and long-standing industry relationships allow them to deliver customized surety solutions tailored to the unique needs of clients, helping businesses secure contracts and build trust.
Detailed Description
Surety Bonds from Holmes Murphy provide financial guarantees for a variety of business needs, including contract, commercial, and miscellaneous obligations. The service is designed to empower clients by simplifying the surety process and offering expert guidance throughout the application and bonding lifecycle.
Key Features
Contract surety, commercial surety, and miscellaneous bonds available
Online requests for bid bonds, consent of surety, and performance/payment bonds
Self-serve bonds platform for license & permit bonds, motor vehicle bonds, and more
Access to industry experts and a dedicated surety team
Membership in the National Association of Surety Bond Producers and major construction associations
Key Benefits
Customized surety solutions tailored to client needs
Access to top national and regional surety companies
Expert guidance and support throughout the bonding process
Streamlined application and document gathering
Competitive edge in winning contracts by demonstrating reliability and trustworthiness
Quick and easy self-serve bond options for common needs
How It Works
1.Clients can request bonds online or through direct contact with Holmes Murphy experts.
2.The Holmes Murphy team assists with the application process and document collection.
3.Clients are matched with the most suitable surety company based on their needs.
4.Self-serve options allow for quick filtering by state and bond type, with instant printing available.
Businesses seeking contract, commercial, or miscellaneous surety bonds
Contractors needing bid, performance, or payment bonds
Companies requiring license & permit bonds, motor vehicle bonds, and similar instruments
Clients in industries such as construction, manufacturing, real estate, and more
Requirements
Completion of relevant forms such as the Contractor’s Questionnaire and Bank Reference Form
Submission of necessary supporting documents as guided by Holmes Murphy experts
Detailed Sections
Surety Solutions for Your Projects
Surety has been a longstanding cornerstone of our business, and we are committed to delivering top-tier solutions that empower our clients and their businesses. Whether it is contract surety, commercial surety, or miscellaneous bonds, we’ve consistently demonstrated our ability to provide customized solutions that meet the unique needs of our clients.
Industry Experts: With years of industry knowledge and expertise, there’s a reason we consistently rank in the top 10 percent of the nation for surety bond production.
Work With the Best: With our long-standing relationships and earned respect among national and regional surety companies, we will give you unsurpassed access to the surety that works best for you.
Building Trust: As members of the National Association of Surety Bond Producers and several major construction associations, you can trust our word as bond.
Surety Bonds Resources
Online Requests and Common Forms for surety bonds, including bid bond requests, consent of surety, performance payment bond requests, and self-serve bonds. Access to bank reference forms, contractor’s questionnaire, and surety team contact list.
Bid Bond Request
Consent of Surety
Performance Payment Bond Request
Self-Serve Bonds
Bank Reference Form
Contractor’s Questionnaire
Surety Team Contact List
Check Out Our Self-Serve Bonds Options
We make it quick and easy to secure contractor license & permit bonds, motor vehicle bonds, and more. Simply filter by state and keywords, enter your details, and print your bond in just a few clicks. If you don’t find what you need, we are happy to help! If you are a current customer, please reach out to your Holmes Murphy contact.
Holmes Murphy offers a comprehensive suite of employee benefits consulting services, including plan design, compliance, technology, enrollment support, employee engagement, budget analysis, and reporting. Their approach is proactive and personalized, aiming to reduce costs, improve employee satisfaction, and help employers attract and retain talent.
Added
Product Overview
Holmes Murphy's Employee Benefits offering provides tailored employee benefits consulting and plan design to help employers navigate the complex and costly U.S. health insurance system. The service focuses on cost reduction, employee wellbeing, compliance, and long-term strategic planning, acting as an extension of the client's team.
Detailed Description
Holmes Murphy offers a comprehensive suite of employee benefits consulting services, including plan design, compliance, technology, enrollment support, employee engagement, budget analysis, and reporting. Their approach is proactive and personalized, aiming to reduce costs, improve employee satisfaction, and help employers attract and retain talent.
Key Features
Plan design and customization
Compliance support
Latest employee benefits delivery technology
Enrollment support and communication
Employee engagement strategies
Budget analysis
Regular reporting and monitoring
Opportunity assessments and leadership team exercises
Long-term strategic planning
Key Benefits
Cost reduction through disease prevention and early detection
Tailored benefits plans to meet unique workforce needs
Enhanced employee retention and talent acquisition
Proactive, accessible, and team-oriented service
Expertise in navigating the U.S. healthcare system
Businesses aiming to improve employee retention and satisfaction
Companies with multigenerational and diverse workforces
Detailed Sections
Not Your Typical Employee Benefits Partner
The U.S health insurance system is the most complicated consumer industry in the world, and it’s the most expensive. Employers and employees shouldn’t have to navigate it alone.
One core component of cost reduction and time-savings is providing your employees with the right benefits. Our proactive service approach offers a comprehensive suite of unique and inclusive employee benefits plans tailored to your needs. From first contact, you’ll notice our dedication to meeting your budget, timeline, and guidelines to help you reach your full potential.
Caring for Your Employees and Business
Providing the right employee benefits offerings saves you money through disease prevention and early detection. By helping at-risk employees and developing condition-specific plans, employers save money and lives. Holmes Murphy can help identify your employees’ needs, so you can spend your money and time on offerings that your employees will use and benefit from. Meeting your employees’ needs through your benefits and communication strategy often leads to employee retention and talent acquisition.
We Strive to Understand.Fully.
We lean in to understand you – your employee population and business. Our consulting services and plans are adaptable to your needs.
Plan design
Compliance
The latest employee benefits delivery technology
Enrollment support and communication
Employee engagement
Budget analysis
Regular reporting and monitoring
Make the Most of Your Employee Benefits with the Right Partner
We’re confident you’ll see why we boast an amazing 97 percent client satisfaction rating in every facet of our Employee Benefits offerings. With over 90 years of experience, we have longstanding relationships within the insurance industry and unmatched expertise, including having representatives on advisory councils for many of the national insurance carriers. We offer valuable insights into the strategic directions of insurers, industry innovations, and the national policy on healthcare.
Holmes Murphy Compliance supports employers in understanding and meeting employee benefits compliance requirements. The team provides thought leadership, education, and direct assistance to help clients stay up to date with new guidance, court decisions, and legislation. They also help clients connect with insurance carriers and third-party administrators to maximize compliance support.
Added
Product Overview
Holmes Murphy's Compliance offering helps employers navigate the complex and ever-changing landscape of employee benefits compliance. The service provides independent analysis of new regulations, education on compliance topics, and direct support to ensure clients meet their responsibilities under the law. The goal is to structure health and welfare benefits plans to avoid compliance surprises and mitigate risks, especially as health insurance costs rise.
Detailed Description
Holmes Murphy Compliance supports employers in understanding and meeting employee benefits compliance requirements. The team provides thought leadership, education, and direct assistance to help clients stay up to date with new guidance, court decisions, and legislation. They also help clients connect with insurance carriers and third-party administrators to maximize compliance support.
Key Features
Thought leadership on compliance issues
Comprehensive education resources for clients
Direct client and consultant support
Assistance with plan document distribution and ERISA compliance
Review of insurance products and programs for compliance risks
Guidance on regulatory changes, court decisions, and new legislation
Key Benefits
Independent review and analysis of new compliance guidance and legislation
Ongoing education to keep clients informed about compliance topics
Direct access to compliance experts for timely information
Assistance in structuring health and welfare benefits plans to avoid compliance surprises
Support in connecting with insurance carriers and third-party administrators
Mitigation of compliance risks related to employee benefits
Organizations seeking to optimize health insurance offerings
Businesses needing to comply with employee benefits regulations
Requirements
Employers must comply with applicable laws regarding employee benefits
Plan documents must meet ERISA requirements
Electronic distribution of SPDs requires either computer-based work or participant consent
Employers cannot incentivize employees to take Medicare over group health plans
Detailed Sections
Employee Benefits Compliance Made Simple
In the dynamic landscape of the insurance industry, many employers feel overwhelmed by compliance requirements. Holmes Murphy can help employers navigate these requirements.
Thought Leadership: Independent review and analysis of new guidance, court decisions, and legislation.
Education is Everywhere: Ensuring clients understand compliance topics and are aware of new developments.
Always at Your Service: Availability to consultants and clients for timely information.
Meet One of Our Compliance Experts
The Compliance team helps clients understand responsibilities under new rules and regulations, works with service teams to connect with carriers and TPAs, and keeps clients attuned to traditional compliance requirements like plan document distribution.
Mitigating the Rising Costs of Health Insurance
Holmes Murphy helps employers optimize health insurance offerings, review products and programs for compliance risks, and ensure benefits plans are structured without compliance surprises.
Let’s Get Started
Meet with Holmes Murphy Employee Benefits Compliance experts.
White Paper: Are Your Employee Benefits Plans Protected?
The Department of Labor clarifies that cybersecurity guidance now extends to all employee benefit plans. The white paper outlines key actions to protect personal information, plan assets, and data.
Frequently asked questions about employee benefits compliance, including waiting periods, COBRA rights, HSA eligibility, ERISA plan documents, SPD distribution, and Medicare incentives.
Health plans can offer different waiting periods for different groups if not discriminatory.
COBRA-qualified beneficiaries have the same open enrollment rights as other employees.
HSA eligibility requires HDHP coverage, meeting deductible/out-of-pocket limits, and no impermissible other coverage.
Carrier/TPA documents may not be compliant ERISA plan documents; wrap documents may be needed.
SPD can be distributed electronically with proper notice and consent; otherwise, paper delivery is required.
Employers cannot incentivize employees to take Medicare over the group health plan.
Holmes Murphy offers insurance solutions specifically designed for small-to-mid-sized business owners, aiming to remove the burden of insurance management so owners can focus on running and growing their businesses. The offering includes both Property Casualty and Employee Benefits solutions, with a dedicated team that understands the unique needs and challenges of small businesses.
Added
Product Overview
Holmes Murphy's Small Business offering provides tailored insurance solutions for small-to-mid-sized businesses, helping owners manage risk and employee benefits with a dedicated team and streamlined process.
Detailed Description
Holmes Murphy offers insurance solutions specifically designed for small-to-mid-sized business owners, aiming to remove the burden of insurance management so owners can focus on running and growing their businesses. The offering includes both Property Casualty and Employee Benefits solutions, with a dedicated team that understands the unique needs and challenges of small businesses.
Key Features
Property Casualty insurance solutions
Employee Benefits insurance solutions
Dedicated Small Business Practice Leader
Expert team with deep carrier relationships
Custom insurance program design
Advisory services for risk management
Support for business operations and people management
Key Benefits
Dedicated team focused solely on small-to-mid-sized businesses
Tailored insurance coverage to meet specific business needs
Competitive marketplace pricing
Streamlined and easy insurance purchasing process
Expert advocacy with insurance carriers
State-of-the-art Property Casualty and Employee Benefits solutions
Support in risk management and employee benefits navigation
Authentic partnership and deep understanding of client culture
Use Cases
Businesses needing to manage risk while focusing on growth
Owners seeking to offload insurance management responsibilities
Companies wanting to protect both assets and employees
Businesses requiring advocacy with insurance carriers
How It Works
1.Holmes Murphy assigns a dedicated team to each small-to-mid-sized business client.
2.The team works to understand the client's unique needs, culture, and business operations.
With our team serving small-to-mid-sized business clients, we ensure you have the right insurance coverage tailored to your needs with competitive marketplace pricing. Our experts seek a deep understanding of your beliefs and culture. We build state-of-the-art Property Casualty and Employee Benefits solutions that help you sleep at night and free up your time.
Navigating Insurance for Small Businesses
Insurance is complex. As a small-to-mid-sized business owner, you’re often juggling multiple responsibilities. Holmes Murphy’s Small Business team ensures you have the right insurance coverage tailored to your needs with competitive pricing. The team streamlines the insurance purchasing process and advocates with carriers on your behalf.
Maintaining financial records
Processing payroll
Performing Human Resources tasks
Securing new customers
Improving web presence
Obtaining proper insurance
Authentic Partnership
We act as an extension of the companies we partner with and intentionally develop our solutions, so our clients don’t have to do the heavy lifting. Holmes Murphy is different because what we do transcends insurance. We’re great businesspeople who have insights into helping our clients reach their greatest risk management potential.
Here to Help
We’re fortunate to have clients who trust us with their assets, people, strategy, and culture, so we can be a better advisor and help them reach their greatest potential. If you’re one of the many small business owners who work tirelessly to keep your business operating, we’re here to help take one more thing off your plate.
Our Select Property Casualty team dedicates itself to understanding the intricacies of each small business, allowing us to craft tailored insurance programs that meet specific needs. We recognize our role extends beyond merely protecting a business; it’s also about safeguarding the livelihood of its owner.
Select Employee Benefits Team
Our Select Employee Benefits team knows that small business owners wear so many hats. We’re here to help you take care of one of your biggest assets – your people – by helping you navigate the complexities of the health insurance and employee benefits industry.
Holmes Murphy’s ESOP offering is designed to help businesses manage the unique risks and complexities associated with Employee Stock Ownership Plans. The service includes deep business analysis, bespoke risk management plans, and comprehensive insurance programs tailored to ESOPs’ regulatory and operational environments.
Added
Product Overview
Holmes Murphy provides specialized risk management and insurance solutions for companies with Employee Stock Ownership Plans (ESOPs). Their dedicated ESOP team delivers custom strategies to address the unique risks, regulatory requirements, and opportunities associated with ESOP structures, ensuring protection for both the company and its stakeholders.
Detailed Description
Holmes Murphy’s ESOP offering is designed to help businesses manage the unique risks and complexities associated with Employee Stock Ownership Plans. The service includes deep business analysis, bespoke risk management plans, and comprehensive insurance programs tailored to ESOPs’ regulatory and operational environments.
Key Features
Thorough risk assessments specific to ESOP structures
Bespoke insurance program design
Dedicated ESOP team with multi-disciplinary expertise
Client advocacy from initial consultation through claim resolution
Impact Plan development for meaningful ROI and positive change
Active involvement in ESOP community and industry organizations
Key Benefits
Custom risk management plans tailored to ESOP-specific exposures
Protection against unique ESOP-related liabilities and regulatory risks
Dedicated, multi-disciplinary ESOP team with deep industry knowledge
Advocacy and support throughout the claims process
Access to proprietary benchmarking data for cost-effective coverage
Improved company and employee performance through aligned interests
Valuable tax benefits for companies and shareholders
Companies with Employee Stock Ownership Plans (ESOPs)
Organizations considering transitioning to an ESOP structure
Business owners seeking to grant ownership to employees
Companies seeking to align employee and company interests and improve performance
Requirements
Company must have or be considering an Employee Stock Ownership Plan
Detailed Sections
Risk & Reward
Employee Stock Ownership Plans (ESOPs) provide many financial and personal opportunities for businesses and its stakeholders, but the structure itself creates risks that must be proactively managed. An insurance partner who understands ESOPs is essential to align risk management philosophies and insurance programs to tailor safeguards for your protection so that your ESOP does not turn into a liability.
Understanding Your Business: Holmes Murphy asks in-depth questions about your business, culture, and risk philosophies to develop bespoke risk management plans.
Dedicated Team: A multi-disciplinary ESOP team leverages knowledge of your structure to deploy dynamic strategies for better results.
Complete Service: Holmes Murphy provides unwavering client advocacy from the beginning through claim resolution, addressing ESOPs’ unique regulatory and claim complexities.
Protect Your ESOP With Holmes Murphy
ESOPs are a great way to transition ownership, grant ownership to employees, and provide valuable tax benefits. However, ESOPs create a new risk profile for companies due to unique regulations and potential conflicts of interest. Holmes Murphy develops a customized Impact Plan to identify opportunities for greatest impact and meaningful ROI, supporting your program’s overall strategy.
Active contributing members of The ESOP Association (TEA) and National Center for Employee Ownership (NCEO)
Trusted advisors with attorneys, accountants, valuation advisors, lenders, trustees, TPAs, and other ESOP advisors
Holmes Murphy acts as a Pharmacy Benefits Manager (PBM) consultant for employers, focusing on maximizing the value of employer-sponsored pharmacy benefits. The service includes reviewing pricing terms, contracts, clinical programs, and drug utilization to ensure clients receive affordable and effective healthcare benefits for their employees.
Added
Product Overview
Holmes Murphy's Pharmacy offering provides expert consulting and management for employer-sponsored pharmacy benefits, helping organizations navigate the complexities of the pharmaceutical industry, control pharmacy spend, and ensure cost-effective, transparent, and clinically effective pharmacy benefit management.
Detailed Description
Holmes Murphy acts as a Pharmacy Benefits Manager (PBM) consultant for employers, focusing on maximizing the value of employer-sponsored pharmacy benefits. The service includes reviewing pricing terms, contracts, clinical programs, and drug utilization to ensure clients receive affordable and effective healthcare benefits for their employees.
Key Features
Review and optimization of pricing terms and contracts
Analysis and alignment of clinical programs and drug utilization
Expertise in high-cost infusion products under the medical benefit
Guidance on new-to-therapy treatment options
Manufacturer co-pay assistance program evaluation
Contract definitions and audit language review
Claims inclusion in performance metrics
Assessment of exclusivity on mail order and specialty drugs
Custom pharmacy strategy development
Key Benefits
Transparent and flexible consulting tailored to client needs
Expertise in navigating the opaque pharmaceutical industry
Cost control and spend reduction for pharmacy benefits
Alignment of pharmacy contracts with organizational goals
Consistent, high-quality consulting services throughout the year
Peace of mind with cost-effective spending alternatives
Employers with employer-sponsored pharmacy benefits
Health insurers
Large employers
Other payers seeking pharmacy benefit management expertise
Detailed Sections
Pharmacy Benefits Manager on Your Side
Are you getting the most out of your employer-sponsored pharmacy benefits? From pricing terms and contracts to understanding clinical programs, you need a Pharmacy Benefits Manager (PBM) who is looking out for you.
Understanding the complexities of the pharmaceutical industry can be hard. With increased drug costs and supply chain disruptions, companies must find a solution to providing affordable and effective healthcare benefits to their employees.
Role of a Pharmacy Benefit Manager
A PBM’s role is to manage drug benefits on the behalf of health insurers, large employers, and other payers. It can be challenging to consider which PBM, if any, to do business with as an employer. This is where Holmes Murphy can help.
We Strive to Understand.Fully.
We lean in to understand you — your employee population and business — by offering consistent, high-quality consulting services tailored to your specific needs.
What You May Not Know About Pharmacy Benefit Managers
A PBM must find ways to extract additional revenue from existing customers to grow, meaning they could overcharge their existing customers to expand their business or profit margins. This is the problem with the structure of most PBM relationships today. Financial gain and not clinical effectiveness drive formulary placement. This lack of transparency and complexity in the pharmaceutical sector is concerning for employers. That’s why having a dedicated PBM expert who understands the industry’s nuances is crucial for protecting plan sponsor benefit spend, and that’s where our expertise lies. At Holmes Murphy, we bring the right partners to the table to deliver consistent, high-quality consulting services throughout the year, ensuring peace of mind while presenting cost-effective spending alternatives.
High-cost infusion products administered under the medical benefit
New-to-therapy treatment options
Manufacturer co-pay assistance programs
Definitions
Audit language
Claims inclusion in performance metrics
Exclusivity on mail order and specialty drugs
Let’s Get Started
Ready to meet with Holmes Murphy Pharmacy experts?
Holmes Murphy Claims is a commercial Property Casualty claims management service that supports businesses in managing, reporting, and responding to insurance claims. The offering emphasizes a client-focused approach, combining dedicated claims professionals, technology, and advocacy to ensure optimal claims outcomes.
Added
Product Overview
Holmes Murphy's Claims offering provides commercial Property Casualty insurance claims management services, acting as a reliable advisor and advocate to help clients maximize their coverage and efficiently navigate the claims process. The service is designed to allow clients to focus on their business while Holmes Murphy handles insurance details, offering dedicated claims professionals and leveraging deep industry expertise.
Detailed Description
Holmes Murphy Claims is a commercial Property Casualty claims management service that supports businesses in managing, reporting, and responding to insurance claims. The offering emphasizes a client-focused approach, combining dedicated claims professionals, technology, and advocacy to ensure optimal claims outcomes.
Key Features
Personalized claims management process tailored to each client
Team with expertise by lines of coverage and industry
Internal and external attorney resources for complex claims
Use of technology for transactional claims tasks
Critical thinking, mediation, and advocacy skills among consultants
Client education on claims process and terminology
Key Benefits
Dedicated claims professionals assigned to each client
Access to a nationwide team with nearly 500 years of combined Property Casualty Claims experience
Expertise in claims adjudication and industry-specific coverage
Advocacy and guidance throughout the claims process
Client education on insurance and claims terminology
Proactive and reactive claims process management
Support in maximizing policy coverage and ensuring proper defense
How It Works
1.Holmes Murphy assigns dedicated claims professionals to each client.
2.The team works to understand the client's business and claims experience.
3.A plan is developed for proactive claims process management, education, and advocacy.
4.Holmes Murphy guides and educates clients on their responsibilities and the claims process.
5.The team advocates for clients with insurance carriers or TPAs to ensure proper cooperation and loss evaluation.
6.Clients are supported in reporting, managing, and responding to claims.
Holmes Murphy focuses on understanding clients, providing a dedicated team, and leveraging claims expertise to maximize outcomes.
Understanding You: Strengthening claims management by knowing the client.
Dedicated Team: Assigned professionals and access to a nationwide team.
Claims Expertise: Adjudication experience, industry expertise, and attorney support.
Holmes Murphy Property Casualty Claims Management for You
A consistent, client-focused approach is crucial in Property Casualty claims handling. Holmes Murphy provides dedicated professionals, leverages technology, and prioritizes impactful claims engagements.
Consistent, client-focused approach
Dedicated Claims professionals
Leveraging technology for transactional tasks
Proactive and reactive engagement
Critical thinking, advocacy, and mediation
Let’s Get Started
Ready to meet with a Holmes Murphy Claims expert? Reach out today.
Executive Risk insurance provides comprehensive protection for executives and organizations against a range of management and employment-related risks. Holmes Murphy offers specialized resources and a client-focused approach to ensure leadership teams are protected from personal financial losses and litigation.
Added
Product Overview
Executive Risk insurance from Holmes Murphy is designed to protect business leaders and organizations from unique and unexpected risks, allowing companies to focus on growth while safeguarding their most valuable asset: their people. The offering includes customized, cost-effective programs that address the specific needs of each client, with a focus on broadening coverage and reducing exclusions for leadership teams.
Detailed Description
Executive Risk insurance provides comprehensive protection for executives and organizations against a range of management and employment-related risks. Holmes Murphy offers specialized resources and a client-focused approach to ensure leadership teams are protected from personal financial losses and litigation.
Key Features
Directors & Officers Liability
Employment Practices Liability
Fiduciary Liability
Crime coverage
Employed Lawyers coverage
Cyber coverage
Transactional Risk coverage
Key Benefits
Protects executives from personal financial losses due to management-related claims
Provides a financial safety net for litigation and reputation management
Helps organizations retain top talent by reducing risk exposure
Customized, cost-effective programs tailored to client needs
Broadened coverage and reduced exclusions for leadership teams
Businesses seeking to protect leadership assets and reduce legal risks
Detailed Sections
Risk Management for the Most Valuable Asset
Your people are the most valuable part of your organization. Executive Risk insurance protects your business leaders and organization so you can focus on taking your company to the next level.
Protection From Unique & Unexpected Risk: Customized, cost-effective programs that fit your needs and cover you for the “what ifs.”
The Holmes Murphy Difference: Specialized Executive Risk resources are accessible for clients.
Your Business is Our Business: Holmes Murphy seeks to understand your business, reduce exclusion impacts, and broaden coverage.
Executive Risk FAQs
Executive Risk lines of coverage can include Directors & Officers Liability, Employment Practices Liability, and Fiduciary Liability. Additional products include Crime, Employed Lawyers, Cyber, and Transactional Risk.
Directors and Officers liability protects executives from personal financial losses due to claims of mismanagement.
Employment Practices Liability addresses employment-related torts like discrimination, harassment, wrongful termination, and more.
Fiduciary Liability covers decision making related to employee benefits programs.
Executive Risk coverages provide a financial safety net for litigation and reputation management.
Factors influencing cost: industry, size, loss history, financial condition, company direction.
Specialty Benefits is a suite of employee benefits solutions designed to provide meaningful, customized coverage options for organizations and their employees. The offering includes voluntary benefits, worksite marketing programs, and stop-loss solutions, all supported by advanced enrollment technology and a focus on holistic employee education.
Added
Product Overview
Holmes Murphy's Specialty Benefits offering provides enhanced, customized employee benefits solutions that go beyond elective benefits. The approach addresses traditional industry shortcomings and proactively delivers coverages tailored to the needs of employees and companies, with a focus on holistic employee education and protection from unpredictable losses.
Detailed Description
Specialty Benefits is a suite of employee benefits solutions designed to provide meaningful, customized coverage options for organizations and their employees. The offering includes voluntary benefits, worksite marketing programs, and stop-loss solutions, all supported by advanced enrollment technology and a focus on holistic employee education.
Key Features
Design and implementation of voluntary benefits and worksite marketing programs
Due diligence analysis of benefit options
State-of-the-art benefits enrollment technology
Support for both core and non-core benefit options
Market-leading procurement solution for employee benefits
Expert guidance in selecting and managing stop-loss insurance
Key Benefits
Customized benefits packages aligned with employee and company needs
Solutions that address traditional industry shortcomings
Holistic employee education to improve benefits communication and understanding
Protection from unpredictable losses through tailored stop-loss solutions
Time and cost savings via a market-leading procurement process
Ongoing service and support throughout the benefits lifecycle
How It Works
1.Specialty experts design and analyze customized voluntary benefits programs.
2.Holmes Murphy assists with communication, implementation, and ongoing service.
3.Advanced enrollment technology is used to accommodate a range of benefit options.
4.A unique process and expertise help employers save time and money while promoting holistic employee education.
5.The team helps market, manage, and support stop-loss solutions as part of risk management.
Benefits Your Employees Need: Solutions that address traditional industry shortcomings and proactively get you coverages tailored to the needs of your people.
Holistic Employee Education: Recognizing every customer is unique, with specialized employee benefits and communication needs.
Protection From Unpredictable Losses: Finding and managing the right stop-loss solution is essential to your risk management strategy – Holmes Murphy can navigate the challenges with you.
Take Your Employee Benefits to the Next Level
Specialty experts are dedicated to the design, due diligence analysis, communication, implementation, and ongoing service of customized voluntary benefits/worksite marketing programs using state-of-the-art benefits enrollment technology that accommodate both core and non-core benefit options.
Holistic Employee Education
Communicating employee benefits can be challenging for many employers. Time, lack of resources, and the fear of disrupting business operations all contribute to this challenge. Through their unique process and expertise, we offer a market-leading procurement solution that saves time and money, while promoting meaningful and holistic employee education.
Protecting Clients From Unpredictable Losses
Finding and managing the right stop-loss solution is essential to your risk management strategy. Our team will help you market, manage, and support you throughout the relationship – not just when selecting the right insurance coverage.
Let’s Get Started
Meet with our experts to level up your employee benefits.
Risk & Safety is a consulting and service offering focused on helping organizations navigate risk and safety regulations, develop all-encompassing risk management strategies, and implement solutions that minimize the likelihood of losses. The approach is customized to each business, aiming to improve operational efficiency, employee retention, and morale while reducing injury frequency and workers’ compensation experience ratings.
Added
Product Overview
Holmes Murphy's Risk & Safety offering provides comprehensive risk management strategies that go beyond compliance, helping organizations identify, assess, and mitigate risks that could impact profitability, reputation, productivity, and other key metrics. The service is delivered by a dedicated team of Risk & Safety Consultants who tailor solutions to each client's unique needs.
Detailed Description
Risk & Safety is a consulting and service offering focused on helping organizations navigate risk and safety regulations, develop all-encompassing risk management strategies, and implement solutions that minimize the likelihood of losses. The approach is customized to each business, aiming to improve operational efficiency, employee retention, and morale while reducing injury frequency and workers’ compensation experience ratings.
Key Features
Risk and safety program assessments
Risk management training
Facility and jobsite hazard assessments
Regulatory compliance mock audits
Crisis management planning
Ergonomic assessments
Customized risk management solutions
Dedicated team of Risk & Safety Consultants
Key Benefits
Reduces workers’ compensation experience rating and injury frequency
Improves operational efficiencies
Helps retain employees and improves morale
Provides a comprehensive risk management program beyond just insurance
Organizations seeking to manage risk and safety compliance
Businesses aiming to improve profitability, reputation, and productivity
Companies looking for tailored risk management solutions
Employers wanting to reduce workplace injuries and improve employee morale
Detailed Sections
Protect What Matters Most
Navigating risk and safety regulation standards, while taking care of your organization and employees, can be overwhelming. We understand the importance of an all-encompassing risk management strategy.
We reach beyond compliance and help you identify key risks in your business that might impact your profitability, reputation, productivity, and other key metrics.
Identify key risks beyond compliance
Dedicated team of Risk & Safety Consultants
Customized risk management solutions
What Can the Holmes Murphy Risk & Safety Team Do for You?
At Holmes Murphy, we recognize the importance of a comprehensive risk strategy that involves both risk control and insurance. Our consultants work with you to understand your organization’s risks and help you implement appropriate risk management solutions to minimize the likelihood that losses will occur.
Clinical Wellbeing provides organizations with strategies and tools to simplify healthcare access, reduce costs, and improve employee health outcomes. The program uses data analytics, benchmarking, and tailored clinical interventions to help employers optimize benefits and foster a culture of health.
Added
Product Overview
Clinical Wellbeing by Holmes Murphy is a strategy-driven solution designed to connect people to quality healthcare, minimize barriers to access, and lower healthcare costs for organizations. The offering leverages advanced analytics, data-driven insights, and a holistic approach to integrate health into organizational culture, supporting employees' mental, emotional, and physical wellbeing.
Detailed Description
Clinical Wellbeing provides organizations with strategies and tools to simplify healthcare access, reduce costs, and improve employee health outcomes. The program uses data analytics, benchmarking, and tailored clinical interventions to help employers optimize benefits and foster a culture of health.
Key Features
CLUE (Client Learning and Understanding Engine) for in-depth population health analysis
Claim Analytics for trend analysis, decision support, and point insight evaluation
Claim Benchmarking with demographic comparison and performance checks
High-powered data warehouse
Comprehensive reporting library
Best-in-class program strategy, design, and measurement
Strategic clinical vendor solutions and recommendations
Integration of culture and organizational engagement
Key Benefits
Connects employees to high-quality care
Minimizes barriers to healthcare access
Lowers healthcare spending trajectory
Enhances employee experience and engagement
Reduces risk of long-term health problems
Provides actionable insights for benefits optimization
How It Works
1.Holmes Murphy analyzes the health of an organization's population using CLUE and other analytics tools.
2.Claim Analytics identifies trends, supports decision-making, and evaluates the impact of strategies.
3.Claim Benchmarking compares organizational performance to national and industry peers, adjusting for demographics.
4.The clinical wellbeing strategy team recommends and implements tailored programs to address identified needs.
5.Ongoing measurement and reporting ensure continuous improvement and cost control.
Organizations aiming to improve employee health and wellbeing
Employee benefits leaders
Companies wanting to integrate health into their workplace culture
Detailed Sections
Connecting People to Care
Accessing and affording healthcare is complicated, but it doesn’t have to be that way. Holmes Murphy has the strategies and tools to connect people to quality care and minimize barriers.
Holmes Murphy believes in connecting people to the highest quality care while minimizing barriers. Their CLUE Claim Analytics and Benchmarking provide in-depth analysis to determine impactful solutions. Successful organizations integrate health into their culture to enhance employee experience and engagement.
Meet Our Clinical Wellbeing Expert
Clinical health is essential to wellbeing. Holmes Murphy helps organizations integrate health into their culture, supporting employees’ mental, emotional, and physical health. The clinical wellbeing strategy team uses tools like a high-powered data warehouse, reporting library, program strategy, vendor solutions, and CLUE for population analysis.
High-powered data warehouse
Comprehensive reporting library
Best-in-class program strategy, design, and measurement
Strategic clinical vendor solutions and recommendations
How Does CLUE Enhance Clinical Wellbeing Strategies?
CLUE enables the clinical wellbeing strategy team to use Claim Analytics and Benchmarking to optimize plans, cut costs, and enhance employee wellbeing. Claim Analytics focuses on trend analysis, decision support, and point insight evaluation. Claim Benchmarking uses national datasets and demographic adjustments for performance comparison.
Trend Analysis: In-depth review of medical treatment and pharmacy prescription cost and utilization.
Decision Support: Clarity on strategies and insights with greatest impact.
Point Insight Evaluation: Assess performance of initiatives for data-driven refinement.
Demographic Comparison: Benchmarks adjust for age and gender.
Performance Check: Focus on underperforming areas.
The Placement offering at Holmes Murphy is a specialized service focused on designing and securing insurance programs that are customized to the unique needs of each client. The team acts as architects of insurance programs, going beyond traditional, one-size-fits-all insurance to deliver solutions that fit specific industry and business requirements.
Added
Product Overview
Holmes Murphy’s Placement team provides tailored insurance solutions by identifying, matching, and covering specific risks and industry requirements for clients. The team leverages advanced risk assessment tools, strong carrier relationships, and a collaborative approach to deliver customized insurance programs beyond standard offerings.
Detailed Description
The Placement offering at Holmes Murphy is a specialized service focused on designing and securing insurance programs that are customized to the unique needs of each client. The team acts as architects of insurance programs, going beyond traditional, one-size-fits-all insurance to deliver solutions that fit specific industry and business requirements.
Key Features
Individualized risk assessments to identify client-specific obstacles
Collaboration with carrier partners to secure optimal coverage
Continuous service and program management post-placement
Expertise in matching risks to appropriate insurance markets
Key Benefits
Customized insurance coverage tailored to unique business needs
Access to a team of seasoned professionals with deep industry knowledge
Strong relationships with insurance carrier partners for better coverage options
Advanced risk assessment tools for precise program design
Ongoing monitoring and management of insurance needs as businesses grow and change
How It Works
1.Conduct individualized risk assessments to understand client needs
2.Identify and match risks to the right insurance markets
3.Design and secure a tailored insurance program
4.Provide ongoing service to monitor and update coverage as business needs evolve
The Placement team are architects of insurance programs, fostering collaboration and forward-thinking to obtain tailored solutions for each unique industry.
Finding the Right Insurance Coverage
Customized Coverage: Ability to identify markets for customized coverage.
Strong Relationship Network: Robust relationships with insurance carrier partners.
Advanced Risk Assessment Tools: Meticulous assessment process for deep client understanding.
How Does Holmes Murphy’s Placement Team Work?
The Placement team identifies, matches, and covers specific risks and industry requirements to provide complete insurance solutions. The team continues to monitor and manage insurance needs as businesses grow and change.
Get Started Today
Are you ready to meet with one of our insurance experts?
Global Risk Management is designed to help multinational organizations manage their complex global risks through expertise in international compliance and risk management strategies. Holmes Murphy creates custom programs to ensure clients are covered worldwide.
Added
Product Overview
Holmes Murphy's Global Risk Management offering provides multinational organizations with support to manage complex and evolving global risks. The service focuses on international compliance and risk management strategy expertise, delivering custom-tailored programs to ensure coverage regardless of risk or region.
Detailed Description
Global Risk Management is designed to help multinational organizations manage their complex global risks through expertise in international compliance and risk management strategies. Holmes Murphy creates custom programs to ensure clients are covered worldwide.
Key Features
Custom-tailored risk management programs
Expertise in international compliance
Collaboration with carrier partners, global information specialists, and foreign intermediaries
Membership in the Worldwide Broker Network (WBN), providing access to over 150 insurance broker members in 100+ countries
Key Benefits
Tailored protection for assets both domestically and internationally
Custom programs built to specific business needs
Access to regional resources to mitigate multinational risks
Support for compliance, asset protection, and financial stability on a global scale
Potential cost savings through reduced claims and improved risk vulnerability, leading to lower premiums
How It Works
1.Holmes Murphy's team assesses the unique challenges and requirements of each client.
2.They collaborate with carriers, global information specialists, and foreign intermediaries to design a program specific to the client's business needs.
3.Clients benefit from Holmes Murphy's WBN membership, gaining access to a global network of insurance brokers.
Businesses with assets or operations in multiple countries
Companies seeking international compliance and risk management support
Detailed Sections
Your Coverage Should Never Be Lost in Translation
Holmes Murphy provides multinational organizations with support to manage complex global risks through international compliance and risk management strategy expertise. The focus is on creating custom-tailored programs for coverage regardless of risk or region.
Protection Around the World: Dedicated experts provide tailored protection for assets at home and abroad.
Customized Programs: Programs are built in collaboration with carrier partners, global information specialists, and foreign intermediaries.
Worldwide Broker Network Connections: Membership in the WBN, the largest independent broker network, spanning 100+ countries and 150+ broker members.
Global Risk Management FAQs
Global Risk Management is essential for providing regional resources to mitigate risks in multinational operations, supporting compliance, asset protection, and financial stability.
Helps reduce insurance costs by reducing claims and improving risk vulnerability, leading to lower premiums.
Property Casualty at Holmes Murphy is a business insurance solution designed to lower costs and stress by protecting companies from risk. The approach is highly personalized, focusing on understanding what makes each business unique and crafting insurance and risk management programs that fit those needs.
Added
Product Overview
Holmes Murphy's Property Casualty offering provides tailored insurance solutions to protect businesses from unique and unexpected risks. The service emphasizes understanding each client's specific needs and values, delivering customized risk management and insurance programs that align with business goals and adapt as those goals evolve.
Detailed Description
Property Casualty at Holmes Murphy is a business insurance solution designed to lower costs and stress by protecting companies from risk. The approach is highly personalized, focusing on understanding what makes each business unique and crafting insurance and risk management programs that fit those needs.
Companies seeking risk management and insurance solutions
Organizations across various industries (e.g., agriculture, construction, education, financial services, health & human services, hospitality, manufacturing, mining, petroleum, public entity, real estate, technology, transportation)
Detailed Sections
Cover Your Unique & Unexpected Risks
Every company’s risks are different — your solutions should be too. Our framework helps us understand your business to craft a solution that fits your needs.
Tailored to Your Values: We start with understanding what’s important to your company and what makes you unique, so we can deliver what matters most.
Covered Today & Tomorrow: We think ahead so you’re prepared for tomorrow while also safeguarding yesterday’s events.
Analyze. Adjust. Repeat.: We review your plan every year to make sure the coverage you have is still the coverage you need.
Our Risk Management Program Works for You
Understanding your needs extends beyond coverage gaps and price to avoid, reduce, and transfer your losses to focus on your business, risk management, and potential. After gathering a deep understanding of your business values, we engage our team to complete assessments in each risk management area.
Risk and Safety
Claims Advocates
Insurance Services
Your Potential With a Customized Impact Plan
After learning more about what makes you tick, our team will collaborate to identify opportunities for greatest improvement in your customized Impact Plan to help you reach your full potential. Holmes Murphy creates a unified program that will meet you where you are and take you where you want to go.
Holmes Murphy invests time with our clients to form a continuous, long-term partnership. True to our goal in delivering potential, we complete our process on an annual basis to consistently address evolving goals and priorities within your risk management program.
Our process takes less time than conventional Property Casualty insurance industry methods, doesn’t require going to market, and is proven to make an impact.
Private Risk is a personalized risk management and insurance solution for financially successful individuals and families. Holmes Murphy handcrafts custom solutions based on each client's unique risks and exposures, providing a 360-degree review and recommendations to ensure comprehensive protection.
Added
Product Overview
Holmes Murphy's Private Risk offering provides tailored risk management and insurance solutions for individuals and families with complex lifestyles and significant assets. The service is designed to protect family, legacy, and wealth through personalized programs that address unique private risks and exposures.
Detailed Description
Private Risk is a personalized risk management and insurance solution for financially successful individuals and families. Holmes Murphy handcrafts custom solutions based on each client's unique risks and exposures, providing a 360-degree review and recommendations to ensure comprehensive protection.
Key Features
Personalized risk program tailored to individual/family needs
Comprehensive process including executive leadership and multi-generational planning
360-degree review of current insurance coverage
All-inclusive insurance package
Annual or as-needed risk management analysis
Key Benefits
Handcrafted, custom risk management solutions
Comprehensive review and analysis of current insurance coverage
We Handcraft Solutions: Custom solutions based on your private risks and exposures.
We Work to Understand You: Comprehensive questions to understand your family’s legacy.
Our Team is Your Team: Professional relationship intertwines with your personal life.
Support and Protection for Complex Lifestyles
Financially successful individuals and families often have complex lifestyles and a higher risk of insurable loss. Holmes Murphy tailors risk management solutions to protect your family, assets, and lifestyle. The process includes a 360-degree review and an all-inclusive package with recommendations.
Tailored risk management solutions
360-degree review of current insurance coverage
All-inclusive package with recommendations
Let’s Get Started!
For a risk management analysis of your private risk, get in touch with our team.
Complex Property insurance from Holmes Murphy is tailored for clients with properties that have unique, high-value, or complex risk characteristics. The service includes thorough risk assessment, customized coverage analysis, and ongoing support throughout the claims process. Holmes Murphy's dedicated Complex Property team helps clients secure market-leading insurance and risk management programs.
Added
Product Overview
Holmes Murphy's Complex Property insurance provides comprehensive risk management and insurance solutions for properties with unique, high-value, or challenging risk profiles. The offering is designed to help clients navigate the increasingly complex commercial property insurance environment, with a dedicated team, enhanced risk assessment, and market insights.
Detailed Description
Complex Property insurance from Holmes Murphy is tailored for clients with properties that have unique, high-value, or complex risk characteristics. The service includes thorough risk assessment, customized coverage analysis, and ongoing support throughout the claims process. Holmes Murphy's dedicated Complex Property team helps clients secure market-leading insurance and risk management programs.
Key Features
Dedicated Complex Property team
Enhanced risk assessment process
Coverage analysis tailored to unique hazards
Expert market insights and trend analysis
Comprehensive insurance programs for complex assets
Claims support from specialized team
Key Benefits
Comprehensive risk assessment to identify unique risks and coverage needs
Customized insurance solutions for complex property portfolios
Expert guidance and market insights to navigate a challenging insurance environment
Ongoing claims support and risk management assistance
Maximized coverage to preserve the value of investments
How It Works
1.Initial in-depth risk assessment to understand unique property hazards
2.Thorough coverage analysis to identify appropriate insurance solutions
3.Development of customized insurance and risk management programs
4.Ongoing support from claims and coverage experts in the event of a loss
The commercial property insurance environment continues to evolve at an alarming rate. With the purchasing process becoming more complicated than ever, we have invested in dedicated resources, tools, and personnel to help our clients navigate this unique landscape and secure market-leading insurance and risk management programs.
Holmes Murphy Takes the Time to Understand.Fully.
Enhanced Risk Assessment: Our thorough risk assessment evaluates unique risks and coverage needs, setting us apart from the status quo.
Prioritizing Value Protection: It is our goal to preserve the value of your investments, which is why we constantly work towards maximizing coverage for your valued assets.
Expert Market Insights: We share our insights into the insurance market’s current trends and conditions to keep you informed and prepared in an ever-changing environment.
Straightforward Solutions for Your Complex Property
Experience peace of mind with comprehensive Complex Property insurance at Holmes Murphy. We offer expert guidance with customized solutions to protect everything from large mono-line property schedules to high-value properties, unique historic landmarks, and everything in between. We help safeguard the extraordinary by providing comprehensive insurance programs, ensuring you receive the protection your uniquely complex assets deserve. Our dedicated team of Complex Property experts can provide risk management support to help you decrease your potential hazards and manage your overall risk.
What makes Complex Property insurance different from standard property insurance? Navigating the property marketplace has grown increasingly challenging, marked by a diminished appetite for risks that were once more readily insurable. Confronting larger and tougher deals now demands a distinctive approach to ensure the attainment of market-leading results.
How does Holmes Murphy determine appropriate coverage for your Complex Property needs? We start by conducting an in-depth risk assessment to understand the unique hazards associated with your property and complete a thorough coverage analysis to make sure we’re bringing solutions that matter.
What support can you expect in the event of a claim or loss? Our commitment to you does not end when the policy is delivered. Our exceptional Claims team, in collaboration with our line-of-business coverage experts, work with you and the insurance carrier to ensure you receive prompt and total service throughout the claims process.