(Credit: Rido/Adobe Stock)

If building a bigger client base is your plan, it pays to think small. U.S. companies with 10–99 employees account for more than 90% of businesses and 30 million employees, more than any market except firms over 10,000 employees.

And this market is underpenetrated when it comes to voluntary, according to Eastbridge's "Voluntary and the Small Case Market" Spotlight™ Report. Small employers are less likely to offer many benefits, including voluntary. While 25% of employees work in small businesses, they account for 20% of voluntary sales.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.