Clarian Health got few takers in its first year offering a health care benefits program to large employers, but the Indianapolis-based hospital system is undeterred in growing its budding insurance services business.
Indianapolis-based professional employer organization reported fiscal-year profit of $828,000, an 85-percent increase from fiscal 2009. Revenue, however, fell 20 percent, to $60.7 million.
Fortune Industries Inc., an Indianapolis-based professional employer organization, has appointed Tena Mayberry as its CEO.
Mayberry, who also will continue to serve as president, succeeds John Fisbeck.
Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning. Terms of the
deal between Benefit Associates Inc. and Benefit Consultants Inc., in the works since March, were not disclosed.
Benefits brokers and agents—facing increasing demands from employers and declining commissions—are merging at an
accelerating
pace.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
Indianapolis-based MZD Advertising topped a field of 14 agencies competing to become agency of record for Gap Solutions Inc.,
which provides contracted services that support the National Guard Child Care Program.
