Organization and Background

Marsh Executive Benefits (Marsh EB) is widely acknowledged as an expert in executive benefits consulting, insurance planning techniques, and insurance-based financing and funding vehicles. We assist businesses, and their executives to create and preserve wealth through corporate sponsored plans that enhance business culture and strategic. Marsh EB has offices in Atlanta, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Denver and New York. In addition, our Professional Resource Center is located in Princeton.

Initial Plan Installation

• Identify proper contacts for plan operations
• Develop a Calendar of Implementation Activities
• Develop Plan enrollment and communication materials
• Collect participant demographic information to establish participant / policy records for administration systems
• Establish electronic data transfer formats to and from client
• Establish electronic data transfer formats to and from financial institutions

Plan Administration

Marsh EB administers all types of non-qualified executive benefit plans. Our systems track plan funding variations, from unfunded to securities - financed plans. The systems allow for flexibility in plan design and reporting, as well as secure data transfers. All transaction histories are permanently stored for ease of tracking and management reporting.

Based on Plan design, services would include:

Record Keeping

• Establish calendar of events for plan(s)
• Maintain Participant Personal Information, e.g., name, address, date of birth, social security number
• On-line services include:

Process Contributions

Maintain Fund Allocations and Process requested changes

Maintain Distribution Elections and Process Distributions

Record and Process Dividends

Maintain Beneficiary Records

On-Line Reporting

• Management Summary Reporting
• Individual Participant Statements
• Fund Allocation Reporting

Service Manual

• Plan Overview, including a Calendar of Events, Contact List and Census
• Enrollment Forms and Procedures
• Quarterly and Annual Reports Samples
• Administrative Procedures
• Plan Documentation

Policy Administration

Marsh EB administers all types of non-qualified insurance plans. We track data such as premium, separate account allocations and cash value activity. Our systems allow for flexibility in plan design and reporting, as well as secure data transfers.

Based on Plan design, services would include:

Premium Billing

• Create and deliver premium billing based on the plan design
• Ensure proper allocation of premium / loan payments
• Review and deliver premium confirmations (if variable product)

Reporting

• Annual Policy Statements
• Cash Value Reports
• Cash Value Activity Statements
• Fund Allocation Reports (if variable)

Policy Transactions

• Policy Ownership / Beneficiary Changes
• Process policy loans and withdrawals
• Death Claims