FAQ’s
Accessible. Affordable. Competitive Benefits Delivered Simply.
Frequently Asked Questions
How is EIB different from a traditional benefits broker?
EIB goes beyond the traditional benefits brokerage model by delivering unmatched customer service and expertise. Unlike conventional brokers, we combine deep industry knowledge with technology to ensure you and your employees have access to the best
plans at the best rates. Our streamlined approach simplifies every aspect of the benefits process—from defining renewal strategies to
managing enrollments, compliance, and ongoing member support. With EIB, you get a more efficient way to manage employee benefits with years of knowledge.
What is the process of switching to EIB?
Switching to EIB is seamless and won’t affect your benefits plans or rates. Once you decide to partner with us, you’ll simply sign a Broker of Record (BOR) letter, officially designating EIB as your primary contact with your current insurance and benefits providers. From there, we initiate our streamlined onboarding process—often on the same day—ensuring a smooth transition with no disruptions.
Can we switch to EIB and keep our plans?
Yes! Moving to EIB won’t affect your current benefits plans, carriers, or rates. During the transition, we inform your insurance providers that EIB is now your broker of record, smoothly assuming all responsibilities from your previous broker. The process is hassle-free, with no interruptions, and you can make the switch at any time throughout the year.
Does EIB cost more than a traditional broker?
No, clients who transition to EIB often save money compared to traditional brokerages while gaining access to a wider range of services. With EIB, you benefit from comprehensive benefits administration support and a dedicated member support platform, ensuring a smoother and more efficient experience.
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What types of companies does EIB serve?
EIB supports small group employers with 2 to 2,000 employees, providing a superior benefits experience while optimizing value. We help businesses offer competitive benefits without excess costs, ensuring a smooth and strategic transition.
Looking for the right insurance plans? We’re here to guide you.
We can help!
Finding the right insurance plan for you and your employees can be challenging. We’ll help you explore your options and choose a plan that meets everyone’s needs.