Media

miEdge in conjunction with SourceMedia provides Top 10 large company 401(k) plans

New Boston, NH – October 14th, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced the top 401(k) plans based on company plan size with more than 1,000 actively enrolled employees.  Familiar names lead the list including IBM Corp., Boeing and Wells Fargo.

The miEdge data comes from Form 5500 filings with the U.S. Department of Labor as of July 30th, 2016.  Government entities such as cities, towns, school districts and federal offices as well as church plans as defined by ERISA are exempt from filing and are not included. 

Additionally, participation percentages for each company include retirement or former employees who have left employment with the company, but still have their plan/balances in, accounting for participation rates of more than 100%. 

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How top employee benefit brokerage firms stand out from their competition

Where the top-grossing brokerages in the U.S. are headed next
By Kathleen Koster, Published July 27th, 2016, Employee Benefits Advisor

Among the top five large-group brokerages in each state, both large national firms and fierce independent brokerages cream the crop. What they all share is a focused sales strategy and strong commitment to their employees. The list is the latest released by miEdge, a Boston-based consultancy, which determines the top large-group brokerages based on revenue from the Department of Labor schedules of Form 5500 filings.

“The beauty of our rankings is that they are the only rankings that give a level playing field look at [the top advisory firms],” explains Mark Smith, CEO of miEdge. There’s no self-disclosure, he adds, so “there’s no overstatement or understatement; it’s a very clean look at the marketplace by state.”

 

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miEdge™ in conjunction with SourceMedia provides Top 10 fastest growing brokerages with over $50 million in large group revenues

New Boston, NH – June  6th, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced the first ever marketplace ranking* for the top 10 fastest growing brokerages with over $50 million in large group revenues. 

#10 Gallagher Benefit Services 
#9  Brown & Brown
#8  Mercer Health and Benefits
#7  Willis Towers Watson
#6  Lockton Companies
#5  Marsh & McLennan Agency
#4  HUB International
#3  Alliant Insurance Services
#2  NFP
#1  AON Consulting

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miEdge™ in conjunction with SourceMedia provides Top 10 fastest growing brokerages with $10-$50 million in large group revenue

New Boston, NH – May 23rd, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced the first ever marketplace ranking* for the top 10 fastest growing brokerages with $10-$50 million in large group revenue.
 
#10 Mesirow Financial
#9  Associated Financial Group
#8  Hylant
#7  Filice Insurance
#6  Woodruff Sawyer and Company
#5  Hays Group
#4  Regions Insurance
#3  Digital Insurance
#2  Buck Consultants
#1  Sequoia Benefits

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miEdge™ in conjunction with SourceMedia provides first ever large group Top 10 Vision Carrier Ranking

New Boston, NH – April 19th, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced market place ranking* for the top 10 large-group vision insurance carriers. 
#10 Ameritas
#9 Aetna
#8 Anthem
#7 Combined Insurance/ACE
#6 HM Insurance Group
#5 Guardian
#4 FSL
#3 UnitedHealthcare
#2 EyeMed Vision Plan
#1 VSP

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miEdge taps industry veteran James St. Jean as new Chief Technology Officer

New Boston, NH – April 5th, 2016, miEdge™ today announced that it has tapped industry veteran James St. Jean as its new Chief Technology Officer. Jim brings a wealth of experience to miEdge ranging from the creation of small entrepreneurial startups to senior executive positions at large corporations.  Jim will lead miEdge's technology direction and key initiatives to support the dynamic growth of the business.  

Commenting on this hire Mark J Smith Founder & CEO says, "Jim has been a trusted adviser to miEdge since its founding.  Given the current scale of the business and the significant growth we have experienced, the next phase of our technology evolution must begin.  Jim is a well-respected leader and innovator and I very much look forward to working with him."  

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miEdge™ in conjunction with SourceMedia provides first ever large group Top 10 Life Insurance Carrier Ranking

New Boston, NH – March 29th, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced the first ever market place ranking* for the top 10 large group life insurance carriers. 
#10 Liberty Mutual 
#9 The Standard 
#8 Lincoln Financial Group 
#7 Aetna 
#6 The Hartford
#5 Unum 
#4 Minnesota Life 
#3 Cigna 
#2 Prudential 
#1 MetLife

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miEdge™ in conjunction with SourceMedia provides first ever large group Top 10 Dental Insurance Carrier Ranking

New Boston, NH – March 17, 2016, miEdge™ the premiere provider of Form 5500 health & welfare prospect and data analytic solutions, announced the first ever market place ranking* for the Top 10 large group Dental Insurance Carriers. 
#10 Delta Dental of Washington
#9 Blue Cross & Blue Shield of Massachusetts
#8 Delta Dental of New Jersey
#7 Delta Dental of Michigan
#6 United Concordia
#5 Guardian
#4 Cigna
#3 Aetna
#2 Delta Dental of California
#1 MetLife

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miEdge Makes Business NH Magazine 10 to Watch List

Each year, Business NH Magazine solicits surveys from across the state for our 10 to Watch list-companies that have yet to generate enough revenue to break onto the Private 100 list, but have more than $1 million in annual sales and are rapidly growing.  Between 2012 and 2014, this year’s 10 to Watch companies saw revenue increase between 60.6 percent and 507.1 percent.  We explore how they did it.

IBIS LLC d/b/a miEdge
Three years after receiving $50,000 in the inaugural Tech Out competition, miEdge in New Boston has grown an average of 75 percent annually and recently launched a new product that could further that trajectory.  The 4-year old company provides cloud-based prospecting tools for the insurance industry. It scours millions of annual federal Form 5500 public disclosure forms related to employee health and welfare benefits, including health care and life insurance.

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miEdge™ in conjunction with SourceMedia provides top 50 large-group employee benefits insurance brokerages in the U.S.

New Boston, NH – November 23rd, 2015, miEdge™ the premiere provider of Form 5500 health & welfare analytic solutions, announced market place ranking* for the top 50 large-group employee benefits insurance brokerages in the U.S. 

Mark Smith, Founder & CEO of miEdge comments, "This ranking* is unique and provides very interesting analysis.  The market place has seen tremendous consolidation with the top 50 brokers growing their market share by over $300 million in revenue and over $10 billion in premium compared to this time last year. There are many standout performers showing terrific growth; Mercer maintains its market leader status, and Gallagher (AJG) and AON continue their growth trajectory.  Possibly the brightest light shining is the performance of Digital Benefit Advisors up eleven places and 160% growth. ”

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