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- 1. Your future in focus.
- 3. Raise your EXPECTATIONS. Risk management and employee benefits: four words that conjure up all sorts of opinions. Like, boring. Frustrating. Complicated. Necessary evil. We think its time to change that. We think you should be delighted to see your insurance agents. Because theyre going to save you money and find more effective ways to protect your business and your employees. Help you initiate change, manage your risks, and become a better, smarter, more efficient organization. Because they care. And because they can. Were MJ Insurance. We believe its time for you to change the way you think about risk management and employee benefitsand raise your expectations about what your business partners should do for you.
- 4. Pushing you to BE YOUR BEST. 1964 MJ is founded by Michael M. Bill, and we open our doors in Anderson, IN. Construction and Manufacturing practices established. 1966 Personal Lines practice established. 1976 We hit the revenue benchmark of $1M for the first time. 1964 1978 Employee Benefits practice established. 1980 Transportation practice established. 1982 Energy/Mining practice established. 1986 Our revenue exceeds $5M. HOW WE GOT HERE. MJ Insurance can help your organization with risk management and benefits consulting no matter what your business. Our innovative tools and resources give you all the clout of a large, national firm with all the personal attention of a local agency. Since our clients demand the highest standards of integrity and transparency, well never deliver anything less. We exist to inspire the success, fulfillment, and wellbeing of each person we serve: associates and their families, business partners, clients, and the community. And when you hire us, we not only make your organization better, smarter, and more successful we raise expectations about what your partners should do for you.
- 5. 1998 We become a member of Assurex Global. 1998 Sorority practice established. 2001 Japanese Business practice established. 2005 We open our Arizona office. 2006 1. 2. 3. 4. 5. 6. Were named a Top 100 Privately Held Independent Agency in the U.S. by Insurance Journal. 2008 Named a Best Place to Work in Indianaconsecutive wins ever since. 2012 Our revenue exceeds $25 million. 2014 We launch the MJ Private Exchange, and MJ YOUniversity. We celebrate our 50th anniversary. 2014 PROCESS INNOVATION Discover and understand your goals, initiatives, and objectives. Evaluate impact on your risk management or employee benefits program. Analyze your current program. Develop and validate strategy. Implement and execute strategy. Measure, monitor, and track results.
- 6. Dont have a good risk management strategy? THATS A BIG RISK. Your business is constantly growing, adapting, and changingand so should your risk management plan. MJ Insurance works closely with you to make sure your risk management strategy is aligned with your business goals, so that youre always getting better, growing stronger, and reaching your objectives. Analyzing you. Determining your risk means performing a quantitative and qualitative analysis that will help us understand your risk profile. It also means understanding your company at a global levelnot just your approach to risk management. This helps us tailor the right plan for your exposures that is in alignment with your overall strategy. Focused on your future. Well determine your historical cost of risk to use as a benchmark for future business decisions. COST OF RISK ANALYSIS By taking a look at your historical cost of risk, we can help you make smart decisions in the future that will help you achieve
- 7. your business goals. After determining your cost of risk, you can share this metric throughout your organization to help influence your culture in ways that may help make your business more profitable. RISK CULTURE ASSESSMENT Whats your culture of risk management, and how has it driven your results? What steps have you taken to initiate change, and what investments are you willing to make? Well take a close look at how youre controlling your risk exposure and risk tolerance and get them aligned to where youre headed. RISK MAPPING & EMERGING RISK IDENTIFICATION Once critical risks have been identified, including those that are new or previously unknown, we assess the probable frequency and severity of the events and the impact they would have on your organization. BENCHMARKING & FORECASTING We can help you set benchmarks internally or externallyeither by using your own historical data to analyze trends or by evaluating peer data using comparative analysis. This helps us accurately forecast future results, which is critical to ensuring that your company is making the right decisions as your business grows and changes. The right amount of risk. There are many options for financing your risk, and based on our risk analysis and business conversations, well recommend the optimal strategy for you. RISK TOLERANCE ASSESSMENT After we understand your risk profile, well talk with you about how much risk youre capable of taking and willing to accept. And well also know whether your current risk management program is right for achieving the goals of your company. RISK TRANSFER STRATEGY Well recommend options for the transfer of your risks that align with your ability and willingness to accept a specified level of risk. This might come in the form of traditional insurance placement or one of several alternative risk transfer strategies that include captives/risk retention groups (RRGs), self-insurance, and other non- traditional insurance vehicles. TRADITIONAL INSURANCE PLACEMENT With more than 50 years of experience in commercial insurance, weve formed strong partnerships within our industry with the top national and regional insurance carriers throughout the nation. And well use these relationships to give you the best possible insurance options for all of your risk transfer needs. ALTERNATIVE RISK TRANSFER Sometimes, alternative forms of risk transfer can be better options than traditional insurance. Were well-equipped to provide consultation on these programs, and will help you put the right option in place, including captives/risk retention groups (RRGs), self-insurance, and other nontraditional insurance vehicles.
- 8. Whether its providing detail-oriented claims consulting or being a persistent, dedicated advocate for your best interests, you can count on MJ to bring significant value to your organization. Claims consulting that moves with your company. Our approach to claims consulting is cyclicalnever staticbecause we always need to understand where your business is going. We monitor to ensure were getting the results we intended, and well always keep our strategy aligned with your future. MJs dedicated team of commercial claims specialists offers expert knowledge and support throughout every stage of the claims process, minimizing the economic, administrative, and emotional burden on your organization. Add value to YOUR BUSINESS.
- 9. CLAIMS MANAGEMENT We ensure youre using your insurance coverage properly in the event of a claim. We are persistent advocates for the best and most expedient resolution. We provide continued monitoring of claim activity, while supporting and guiding you through the entire process. CLAIMS REPORTING We facilitate on-site claims reviews to communicate overall quarterly activity, disposition strategies, and reserve development on impactful claims. We collaborate with our strategic risk management team to provide loss- trend and root-cause analysis. PROCESS EFFICIENCY We can assist in the development of processes and procedures to minimize the administrative burden caused by the claim process. Persistent advocates. You can always rely on MJ Insurance to be by your side, because we understand that risk management isnt just about the placement of your coverage once a year: Questions and issues that need immediate attention arise daily. COMPREHENSIVE PLANNING Our risk analysis, claims management, and risk financing teams work together to create your overall strategic plan. Were experienced in our individual crafts and understand how each one affects your plan holistically. Its thoughtful customer service thats at the heart of everything we do. ALWAYS THINKING AHEAD As your risk management partners, you can rely on us not only to respond promptly to any questions or concerns you might have but to stay out in front of changes in your business and ours.
- 10. MJ Insurance wont just address the needs you have today. Were constantly looking down the road to make sure you have the right benefits program for the organization youre going to become. Making the data work for you. Our comprehensive, forward-thinking approach to analytics is the foundation of our benefits consulting practice. We have the experience and the proprietary analytics tools that will make sure youre always getting the most from your benefits strategy. And because we have extensive experience integrating and analyzing claims and biometric data, you can leave the analysis to usand focus on growing your business. Your business doesnt stand still. Neither should YOUR EMPLOYEE BENEFITS PROGRAM.
- 11. DATA INTEGRATION & WAREHOUSING We provide a secure, proprietary data analytics and warehousing system that consolidates all of your claims data. We can integrate multiple data sources (e.g., medical, Rx, dental and workers comp claims, biometric data, etc.) We provide you with financial and clinical reporting. INSIGHTFUL ANALYTICS We will forecast your future risks with plan modeling and clinical risk analysis, allowing us to implement appropriate mitigation strategies. We will provide a detailed multi-level claims analysis, plan design modeling, and cost trending/forecasting. We also provide an employee contribution analysis and onsite clinic analysis. Healthy employees = a healthy business. Employees in poor health dont just cost you in terms of direct medical and drug benefitsthey also cost you productivity. Well help you create an employee wellness program that can significantly reduce your healthcare expenditure while driving higher morale and a more positive workplace culture. A HEALTHIER YOU Our approach to wellness isnt a program but a process that begins with a deep understanding of your unique work environment. We will give you an assessment of historical and current wellness offerings. We will identify your future wellness goals, formulate and execute your strategy, and help you monitor, measure, and track results. ONSITE & NEARSITE CLINICS Onsite and nearsite clinics can help you manage costs and improve efficiencies. We will give you a feasibility analysis, conduct a market analysis of clinic management companies, and help you implement the process. With over a decade of experience in onsite clinic consulting, we know the proper strategies to maximize clinic utilization. WELLNESS SOLUTIONS The MJ Wellness Team will work with you to integrate your wellness program, eliminating the hassle of working with several vendors. We will help you integrate an incentive-based wellness program, with educational seminars and online- driven solutionsplus comprehensive analysis.
- 12. Benefits consulting can be a complex issue, so we want to make sure that you and your employees understand your total benefits package. That means being clear, effective communicators, and making the information simple for you to understand. EMPLOYEE COMMUNICATIONS To help you communicate benefits clearly and consistently, we can provide branded content and communications to your employees, which include: Custom benefits booklets Educational videos Enrollment support Web portals Consumer advocacy resources Total compensation statements PRIVATE EXCHANGE Through MJs private exchange, we provide a cost-effective solution and help reduce We make benefits CONSULTING SIMPLE.
- 13. the administrative burden to employers. This gives employees the freedom to choose the best plan for their needswell even give your employees decision-support tools to help them make the best choice. We offer both self-funded and fully insured plans. We give you the ability to choose a defined contribution or defined benefit strategy. We offer prepackaged portfolios of medical and ancillary benefits. We offer plans to fit any budget, with recordkeeping support, and marketplace business data integrationall from a single source. Compliance, covered. Healthcare regulations are constantly in flux. We take care of your compliance needs so you can focus on the needs of your business. HEALTHCARE REFORM AND LEGISLATIVE UPDATES New healthcare laws can be overwhelming, so we give you the tools and information to help you understand how they impact your business. Well let you know what you need, when you need it. This mean reviewing PPACA analysis, reporting requirements, and fees and penalties. Well keep you up to date with regulatory requirements through email, webinars, seminars, legislative briefs, and through the MJ website archives. EMPLOYER RESPONSIBILITIES We give you the resources you need for day-to-day management of your benefits and well find the best solutions to simplify your administrative workload through 5500 reporting, summary plan descriptions, FMLA assistance, and ERISA compliance. Always by your side. You can count on MJ to be a persistent advocate on your behalf, always striving to create excellent experiences for our clients. Were well-suited to do this because of: OUR PEOPLE We have an experienced, committed team dedicated to your short- and long-term goals. We continually challenge each other to grow personally and professionallyand we challenge our clients to become the best company they can be. CARRIER RELATIONSHIPS Weve maintained relationships with the countrys leading carriers for years, giving you access to the most innovative, customizable plans available. Well represent you with a strong voice in the insurance marketplace, and find you a package that takes into account your needs both today and tomorrow. CLIENT SERVICE We take an active approach to client service, so we can help prevent issues before they become a problem. And you can rely on us to be a day-to-day advocate for your best interests.
- 14. We recognize the importance of strong leaders, which is why we emphasize that each one of our associatesno matter their level of experience or time with the companyshould be a leader in their given area. Our company is full of resourceful, motivated people who collaborate as leaders on common ground, all playing different but equally important positions on the team. By having a culture focused on continually sharing, learning, and educating, we constantly get better at what we do. Its a critical aspect of our business given the changing landscape of the modern insurance worldbecause the knowledge we gain is passed on to our clients, helping them manage risk, improve efficiency, and be more successful. The culture of MJ Insurance can best be described by our five passions, which help empower our associates to be their very best in both their personal and professional lives: PERSONAL DEVELOPMENT Perpetually strive to become the best version of yourself, both personally and professionally. SYSTEMS FOR SUCCESS Commit to develop and follow best practices that are repeatable and efficient in order to achieve your desired results, both at home and at work. We create opportunities for our employees AND BRIGHTER FUTURES FOR OUR CLIENTS.
- 15. You deserve the best. Call us. Every great company has a vision. Ideas about where they want to be five, ten, twenty years from now. Sometimes the path is clear; sometimes the ambition is clear, but the path is unknown. Our goal at MJ isnt to sell you insurance. Its to help you become better at what you dotoday, tomorrow, and years from now. We constantly challenge you to be your best, and we do it by carefully listening to you, staying innovative, and making sure you reach your goalsno matter how ambitious they might seem. We make sure you have the right pieces in place as you grow and change. And we watch your back to keep surprises from stalling your progress. We think you deserve the best. Were ready to help you succeed in every bigand littleway we can. Were ready to start right now. INSPIRING LEADERS With passion and commitment, place the interests of others ahead of your own by committing to daily behaviors that positively influence those around you. EXPONENTIAL EFFECT Engage with others in ways that will ignite their passion and inspire them to act and influence others in a similar fashion. FUN Happiness is a choice. Bring your sense of humor and desire to have fun to work with you every day.
- 16. mjinsurance.com