Please Note: First Niagara's web site has scheduled maintenance on Sunday, May 29, 2016 from 10:00 p.m. to 11:55 p.m. We apologize for any inconvenience.Dismiss Alert
  • Case Study: Benefits Review Saves Global Manufacturing Client $12 Million

  • With more than 16,000 U.S.-based associates, working in 128 locations, a global manufacturing client understood they needed to perform a major benefits plan review, their first in nine years.

    $3.1M Saved in First Year
    $12M Saved Over Life of the Contract

    Our experienced team lead the process to review and refine their long-term benefits strategy. We also managed the marketing and negotiation processes for all benefit lines, representing the client in each new vendor relationship.

    Leveraging our market intelligence and carrier relationships, we helped the client realize these substantial gains:

    • Enhanced offerings for benefit plan
    • Risk mitigation, through adjusted funding scenarios
    • Extended rate guarantees on all targeted lines

    As a result of our efforts, this client saved more than $3.1M in the first year following the review. Taking into account the rate guarantee periods, the client will realize nearly $12M in cost avoidance over the life of the contracts we delivered.

  • For more information, contact one of our office locations.

Customize Your Experience.

By providing your ZIP code, we can customize our content to display the rates, products, locations and Mortgage Consultants in your area. Alternately, you can continue without ZIP code.