A broker’s job is to facilitate transactions between two parties and act as a middleman.

In that sense, an employee benefits broker enables the purchase of employee benefit plans, overseeing a smooth trade on both sides. As licensed professionals, they manage contracts and renewals, negotiating the terms, costs, and benefits that range from office perks to retirement plans and employee insurance.

On the other hand, an insurance broker deals specifically with general insurance.

While it’s the brokerage’s responsibility to know everything regarding their clients’ benefits and insurance programs, as experts, they should also provide practical consultations beyond lists and products and align their strategies to fit their client’s needs.

Because choosing employee benefits and insurance is never a one-fits-all solution.

Thus, providing the appropriate company benefits means connecting with the business’s mission and understanding its employees’ necessities. To simplify the process, we’ve shortlisted the top brokerages in New York.