The American Worker Plans, which was established in 1992, operates as a managing general agent specializing in limited medical, voluntary and self-funded benefit options for employers with hourly and part-time workforces.
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The acquired entity delivers affordable supplemental health and benefits programs to uninsured working US denizens.
As part of Fringe Benefit Group, TAWP’s current product lines and customer programs will not be changed and there will be no disruption to TAWP clients and their employees, or their health insurance advisers or insurance broker representatives.
TAWP president George Duczak said: "This purchase creates the largest independent wholesaler of products for the hourly and part-time marketplace, enabling us to provide brokers and advisers with the best advice and products."
Fringe Benefit Group CEO Travis West said: "We believe the hourly and part-time worker marketplace will expand significantly in the coming years as a result of ACA and this acquisition will position us well to serve their needs."
Since the implementation of the Affordable Care Act (ACA), it has become hard for companies with hourly and part-time employees to attract and retain quality workers.
Fringe Benefit Group’s Framework voluntary benefit offering has been specifically tailor-made for employers looking for a plan for part-time employees that is affordable, flexible, and easily administered.
The Framework team closely collaborates with brokers to customize plan design, pricing, communication, implementation, and enrollment to meet customers’ individual requirements.
