Milwaukee World Festival, Inc.’s Post

From weddings to markets or concerts to beer fests - agents can help craft a customizable Special Event insurance package that will meet client needs, no matter the size of the event. Many venues are unwilling to take sole responsibility for damage to their property or for injured attendees, leading to a certain level of liability coverage needed by the event host. With different kinds of events, details, carriers, requirements, and limitations - we are able to help provide clients what they need by combing through contracts and proposals and making sure clients are aware of any exclusions or limitations. In providing coverage, there are several important aspects to be aware of when it comes to special event insurance: #specialevent #events #eventinsurance #specialeventinsurance #weddings #festivals #beerfests #concerts #eventliability #liquorliability #coveragegaps #exclusions #insurance #businessinsurance #personalinsurance #eventmanagement

We completed a review for 2 of our recently acquired clients yesterday. In both cases – ·      The group’s benefits did not change ·      Access to the same doctors did not change ·      The employee’s cost of participation did not change but the manner in which the group used insurance, medical, pharmacy and administrative services charged.   Previously, both of these groups’ plans were in a nationwide consortium governed by a centralized umbrella for approximately 200 groups in their particular industry managed and insured by one of the large health insurance companies. Here are the results so far –   Group #1 Carrier: United Healthcare Employees: 95 ECCHIC program start date: 1/1/2024 Funding budget based on previous 2023 United Healthcare pricing: $171,000/mo. Premium that would have been paid to United Healthcare from 1/1/2024 – 4/30/2024: $171,000 x 4 months ($684,000) Actual cost from 1/1/2024 – 4/30/2024 for this group with our ECCHIC program for the same exact benefits: $425,000. Saving to date: $259,000   They would have paid United Healthcare $254,000 more for exactly the same thing without having any information about real costs whatsoever.   Group #2 Carrier: Blue Cross Employees: 71 ECCHIC program start date: 7/1/2023 Funding budget based on 2022 Blue Cross premium level. That is not a misprint. We reverted to their 2022 premium level as the benchmark funding level – eliminating the increase for 2023 dictated by Blue Cross. $138,000/mo. Premium that would have been paid to Blue Cross from 1/7/2024-4/30/2024: $1,380,000 (which doesn’t even take into account the increase that they would have received on 1/1/2024) Actual cost from 1/7/2024-4/30/2024 for their group with the ECCHIC plan for the exact same benefits: $1,210,000. Savings to date: $170,000. They would have paid Blue Cross $170,000 more for exactly the same thing without having any information whatsoever about real costs. Going forward, upon renewal in both cases, they will be able to keep their funding budget level unchanged all the way around. This is the type of result that has been achieved for every group that we have had the privilege and opportunity to work with. We can do this for any group struggling with strangulating premiums and insurance company control of medical service access. Give me a call at 314-997-8865 or join our upcoming informational webinar on May 22nd at 9:00 AM CST to learn more. Registration is free at www.ecchic.com/events/ The Ecchic Group

It's Event Season - how are you engaging your clients and attendees at your upcoming events ? One exciting - and empowering way - is to reward your top achievers, or surprise 10-20 special guests with the opportunity to master 'The Art of Sabrage' With SAFETY being Susan's number one priority; your guests will be expertly tutored in the science behind the art; calmly and confidently guided to succeed; and they'll be excited by the thrill of expertly opening a champagne bottle with a saber! Celebrate your collective achievements in style. 💫 Note these safety precautions taken to ensure the thrills are real: 1. The activation space is fenced-off; Bottles are prepared and chilled in advance. Ideal: 15-20 bottles. 2. Susan personally instructs each guest on the science and skill required to successfully saber the bottle. 3. Each cork is tightly tethered a two-metre-long ribbon to ensure the trajectory is limited. 4. The cork is presented to each guest in a safe 'memento box' with your company branding. 5. The open bottle is passed to the venue's wait staff to serve from the bar. 6. Susan holds: valid Certificate of RSA; Public Liability Insurance; and recommends guests sign a waiver. 🥂 Let's discuss your upcoming event, and we'll really get the party started 💫

We have had the opportunity to engage in a dialogue about health insurance with a small city over the course of this past year. This city has approximately 35 employees plus dependents on their plan with their current carrier. The premium that they are paying is $95,000/month according to their financial director. Not only are they paying $95,000/mo., or over $1,100,000/year, they have absolutely no claims information which means that they have no way of comparing actual cost of services used versus premiums being charged to pay for it with. If they unbundle the premiums and break all this down to their basic fundamental cost components. By doing this, they would lower their cost by well into six figures. The barrier to even evaluating the economic advantages of eliminating middlemen and knowing actual costs is the very city officials charged with this responsibility. This is a very common occurrence. The money that we see wasted on unnecessary bloated premiums to provide a pathway to healthcare for staff is absolutely astonishing. Decisions like this waste their employees’ money also because they have to pay to cover dependents and also pay a percentage of the monthly premium for themselves. We implemented our method for a small city with a similar demographic whose staff was almost double the above and whose benefits were actually better. Their costs are running about half the cost of the above example with almost twice the number of people. Further, they now know to the penny what their costs are. Therefore, oftentimes the biggest barrier to reducing the cost of health insurance plans is the very people being impacted by this runaway system. I am a former employer who got fed up with being exploited by not knowing what our actual costs were that were hidden by insurance premiums. Information unlocks substantial opportunities to identifying wasted expense hidden by the artificial barriers created by the major insurance carriers and PBM’s. Unfortunately, the above-mentioned city paying $95,000/mo for health insurance will continue to be exploited by this system which, in my opinion, is constructed to benefit handsomely due to these decisions of inertia. To learn more, you are invited to join our upcoming information Zoom session. Register now at www.ecchic.com/events/

Here at Statewide Mutual, we believe everyone deserves to enjoy their local fetes, football matches and cultural celebrations 🎊 But sometimes, these events come with increased public safety risks 🚨 That’s why we’re sharing these 4 important steps your council should take to reduce risk – and ensure the safety of your local community. #localgovernment #riskmanagement #eventmanagement #eventplanning

From a bustling market stall to a wedding, every event requires meticulous planning. But what if things don’t go as planned? Event insurance can safeguard your special occasion against unexpected challenges like weather disruptions, venue issues, equipment damage, or even last-minute cancellations. Before your event kicks off, evaluate what could go wrong and have a solid backup plan in place. Need advice on an upcoming event? Contact us today at (03) 5382 0344. #WesternGeneral #horsham #nhill #insuranceservices #insurancebroker #eventinsurance

The vibrant pulse of nightlife and the rhythmic thump of music characterize the thrilling world of nightclubs. However, nightclub owners must navigate some risks. Explore scenarios where nightclub insurance is essential. https://lnkd.in/dx8dq5aV #GrayStoneInsuranceGroup #denvercolorado #tampaflorida #newyork #austintx #austin #texas #denver #Colorado #tampa #florida #NightclubsInsurance

"Explore the great outdoors with Large Outdoors' professional guides. Whether it's for a personal milestone or a team-building event, we ensure a safe and memorable experience. 🔗 https://buff.ly/3RFw7F3 #OutdoorGuides #LargeOutdoors #PersonalAdventures #TeamBuilding #ProfessionalGuiding #SafeAdventures #CustomizedExperiences #ExploreOutdoors #AdventureTravel #GuidedTours"

Planning a special event should be exciting, not stressful! That's why event insurance is your secret weapon for peace of mind. Whether it's your dream wedding, a once-in-a-lifetime concert, or an unforgettable festival, we've got you covered. With event insurance, you can focus on creating memories while we handle the rest. Don't let the unexpected rain on your parade – invest in protection and let your event shine! 📞 : +1 713-777-0200 ✉️ : info@insurancebuffet.net #EventInsurance #PeaceOfMind #CelebrateWithConfidence 🎉🏰🎶

In talking to various employer groups, we often are told that they have “cadillac” plans, and they are quite satisfied. This perspective and commentary often comes from middle level management such as office administrators , HR directors, department managers, etc. and as a result the discussion seldom gets beyond that point in order to reach the actual decision maker level. The issue, however, is really not how good the benefits are, but how they are paid for. The health insurance system has masterfully indoctrinated and hypnotized so many into perceiving and believing that their “benefits” come from an insurance company like Blue Cross or United Healthcare. Few realize that their benefits actually come from themselves. It’s the very dollars that these groups provide to the insurance companies to pay their medical bills. They don’t realize how much the cost of their healthcare and related services which these people view as “benefits” is increased by these blindly bundled insurance premiums. In reality, the cost for the same benefits decreases by unbundling the components of a health benefit plan. Most groups have little or no information about what their actual costs of services used is. The unfortunate result of creating barriers to information ends up costing group plans and their participants - an inordinate amount of money that they don’t have to spend. I am astonished at the amount of money employers are wasting on inflated premiums and overpriced middlemen like PBM’s that can easily be eliminated, resulting in lower costs to everyone without affecting benefits at all. Rising health insurance premiums are a concern for most employers, however lack of detailed, in-depth information should also be of significant concern.   To learn more, you are invited to join our next informational webinar on June 19th. Registration is free.