Marketplace name: Gallagher Marketplace
Technology used to power platform: Liazon’s Bright Choices platform
CEO or Practice Leader: Rick Strater – National Exchange Practice Leader
Main Location / Headquarters: Itasca, Illinois
Founded / Exchange Launched: August 2012
Website: Please click here.
Membership/number of lives currently on platform: TBD
Segment size preference (“target business size”): Target size is small- and mid-size employers (200 lives or less) but can accommodate companies of all size.
States of operation (if available): Began being offered in August 2012 in select markets in metropolitan areas. Gallagher planned a phased approach to introducing it.
Are employers required to use a defined contribution: Yes
Decision Support: Employees log onto the online store, fill out a questionnaire, and receive personalized recommendations that suit their individual and family needs. Gallagher Marketplace also has an Help Center available to assist employees in understanding their benefits.
How does exchange get compensated:
Standard or Custom Product Configuration:
Single-carrier or Multi-carrier: Multi-carrier