HUB International Broker Randy Rider Recognized as 2023 Employee Benefits Power Broker
Randy Rider, Senior Vice President, HUB International
Randy Rider has been successful in delivering value and finding creative solutions for his clients with tight profit margins — and those with no profits at all.
One client, a nonprofit family counseling center, spoke about how Rider “is always looking out for us to make sure we get the best value, even over these last three challenging years.” The client described high turnover rates in recent years, underscoring the value of having a competitive employee benefits package with rates remaining flat for employees, which Rider delivered.
Another client, a food production company with slim margins, has a goal of controlling costs while offering robust benefits that meet the needs of its employees.
Rider has consistently delivered year-over-year cost reductions on the medical plan and identified creative ways to contain costs like strategic plan design changes, the introduction of pre-authorization strategies, and formulary adjustments. This year, Rider recommended the client transition to a captive arrangement to drive even greater long-term cost-control and access to utilization management resources.
Pleased with the results, the client described how Rider drove results for the organization: “This past year Randy introduced me to a captive program that has been a great fit for us. He was patient with the education pieces, he was informative with where we could see the benefits and possible risks, and he was instrumental in getting me connected with the right vendor.”
A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.
Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.
Who selects the winners?
Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.