Industry Trends: Prioritizing Benefit Value Over Cost
Presenter: Tim Truncellito
Employee Benefits and Executive Planning at Gallagher Insurance
email: Tim_Truncellito@ajg.com
The manufacturing industry is in a constant state of evolution. Embracing this change for the better, employers are scrutinizing their total rewards packages and giving precedence to employee wellbeing. Traditional benefit portfolios are being phased out, making room for purpose-driven benefits.
To effectively address the diverse interests and needs of employees with limited policies and programs, refocusing is imperative. Success lies in establishing a foundation for intentional communication and engagement with the workforce, guided by a clear strategy for sustained progress. Discover how manufacturing employers are shifting their focus towards employee value and enhanced culture, rather than funneling additional funds into traditional benefit plan designs.
Topics To Be Covered:
Industry Benchmarking
• Regional Data
• Survey Insights
• Premiums versus Programs ROI
Insurance Overview
• Market Trend
• Strategic Planning
• Compliance
Actionable Items
• Reviewing Contracts
• Communication
• Platforms and Programs
For more information about this webinar, please call:
Eric Basta, Business Development Manager at NH MEP cell: 603-724-0802 or email: ericb@nhmep.org
About the Presenter:
Tim Truncellito is an Insurance Consultant and Broker that specializes in Employee Benefits and Total Rewards. He is a 4th generation insurance professional with a family lineage rooted in servicing life, health and disability contracts back to the 1920s. Proficient in both group and individual contracts, Tim collaborates closely with employers to optimize benefits for their employees while ensuring operational efficiencies and cost-effectiveness. After a decade of Independent work in the industry, Truncellito & Davis – Manchester, NH, became part of The Rowley Agency – Concord, NH in 2020. This strategic partnership was aimed at broadening capabilities and extending property and casualty insurance support to a wider client base. Today, as part of Arthur J. Gallagher, The Rowley Agency continues its tradition of providing personalized, holistic service to clients at the local level, now backed by national support and resources.
A Wesleyan University graduate and lifelong resident of New Hampshire, Tim currently resides in Hampton Falls with his wife, Rachel. Outside of his professional endeavors, he enjoys outdoor activities with his dogs and horses, and occasionally indulges in a game of golf or tennis.
Contact Tim at Gallagher Insurance:
D: (603) 410-1656 | M: (603) 333-0098
tim_truncellito@ajg.com | AJG.com