BCA is the benefits administrator for a national multiple employer group insurance plan sponsored and underwritten by a non-profit Blue Cross and Blue Shield company for selected organizations throughout the USA.

BCA provides product development and data solutions in the areas of employee benefits, risk management, group insurance and captive insurance management to both private and public companies.

BCA provides a wide variety of insurance advisory services. We provide advice on the key elements of your insurance portfolio including risk management and group insurance. We take the time to understand your needs and concerns and make it easier for you to implement the best possible insurance solution.

BCA offers the entire range of captive insurance company formation and management services as well as alternative risk management solutions.  BCA provides access to the complete range of captive management and administrative services.

More specifically, our captive specialists provide expertise in all aspects of captive management including:

• program design
• reinsurance and fronting placement
• accounting
• risk management
• claims management
• regulatory reporting
• general consultation. 

Also, BCA can serve as liaison with applicable regulatory authorities and identify appropriate service providers for legal, actuarial, auditing and claims administration.

We are constantly innovating and improving our risk financing service provision and offering our clients the widest and most fitting range of solutions.  We work with corporations, employers, insurers, associations, and brokers in evaluating proposed captive structures across all lines of business and assisting with the application process, licensing and formation.

Captive Insurance Company

A captive insurance company is formed primarily to cover the assets and risks of its parent company or companies. Captive insurance is essentially an “in-house” insurance company with a limited purpose and is not available to the general public. It is an alternative form of risk management that is becoming a practical and popular means through which companies can protect themselves financially while having more control over how they are insured.

The Value Proposition

Companies both large and small are having an increasingly difficult time finding and affording traditional insurance policies to cover their risks and assets. Premiums are increasing at a steady clip, making insurance coverage nearly cost prohibitive for most companies, leaving them vulnerable to catastrophic loss.

Captive insurance companies can achieve:

• lower insurance costs
• direct access to reinsurance
• flexibility in plan design (“tailored coverage”)
• pricing stability
• greater control over claims
• accumulation of investment income

BCA offers web-based solutions prepared for managing all of your employee’s HR and benefits information. The design is simple and clear-cut, making it ideal for employers who want to offer their employees more value through a self-service HR and benefits tracking software solution.

BCA will perform all group insurance plan reviews to ensure maximum value for both employer and employee.

BCA utilizes each of these components to design a benefits strategy that fits your employees’ needs as well as your organization’s financial goals.

We offer a full balance of actuarial services, including captive insurance company formation, and related insurance management tasks.

Benefits plans are an increasingly important role in today's employee compensation packages. In many industries, they are the deciding factor in attracting and retaining valued workers and today's employers need cost-effective solutions. BCA can develop and administer high value and cost efficient employee health and flexible benefit plans.

Ensuring your operation is in compliance with Federal, State, and Local laws as well as your organizations Human Resource Policies and Procedures is a challenge in today’s business environment.

BCA specializes in providing audit and compliance services so our clients can be assured their HR operation is soundly structured to withstand the challenges that can be encountered from Federal, State and Local authorities as well as potential employee labor law issues.

Do you need to improve your organization’s performance? Start by changing how employees see and understand their total compensation. BCA will prepare personal statements for each employee to demonstrate his or her true compensation and value.

BCA will give you a powerful set of tools and frameworks for developing your benefits design and pricing strategies.

Vendors are a key part of every business. How you select and manage vendors directly impacts the bottom line.

To succeed, you need to proactively establish expectations and hold each and every vendor to them. BCA excels in vendor selection and ongoing vendor management. We combine qualitative and quantitative measures, helping clients achieve maximum benefits.

In the form of unproductive time, time spent on personal matters, attendance rate, turnover, and morale, employees with work-related stress cost their employers bottom-line cash.

A wide variety of topics can be easily adapted to your organizational needs. BCA can implement employee benefits education workshops and surveys to offer your employees the keys to workplace success while providing a positive return on your investment.