M&T Insurance Agency Private Exchange

imgresCompany name: M&T Insurance Agency (M&T Bank)

Marketplace name:  M&T Insurance Agency Private Exchange 

Technology used to power platform: Liazon’s Bright Choices

CEO or Practice Leader: John Rumschik, president of M&T Insurance

Main Location / Headquarters:  Buffalo, NY

Founded / Exchange Launched: 2013

Website: Please click here

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”):

States of operation (if available):  Available to businesses across the country

Are employers required to use a defined contribution:

Carriers Offered:

Decision Support: Utilizies Bright Choice’s decision support technology. When employees log in to Bright Choices, they will have access to a sophisticated questionnaire which leads them through a series of questions, and then makes recommendations given their health profile, financial status, risk tolerance, and preferences. It reveals the actual costs of benefits and educates them to make informed decisions.

How does exchange get compensated:

Standard or Custom Product Configuration:

Single-carrier or Multi-carrier: Multi-carrier