BIBestPlaces2010

Business Insurance Names the 2010 Best Places to Work in Insurance
On Sept. 23, Business Insurance recognized the 2010 Best Places to Work in Insurance. Capstone Brokerage is honored to be on of the 54 qualifying companies earning this distinction after an in-depth assessment of workplace benefits, policies and practices, and an evaluation of their employees’ engagement and satisfaction. The companies were honored at a luncheon at The Yale Club in New York City on Sept 23 and ranked in order in the Oct. 4 issue of Business Insurance.

Business Insurance engaged in this project in conjunction with Best Companies Group, an independent workplace excellence research firm that manages 35 other regional and industry programs in the United States and Canada. Best Companies Group oversaw the registration process, which was open to all publicly or privately held reinsurers, insurers, and third-party claims administrators with at least 25 employees working in the United States and serving the commercial lines market. BCG also conducted the surveys, evaluated the data and ultimately selected the firms that made the cut.

“All 54 of the companies recognized are on the list because they exceeded a level of excellence distinguishing them as among an elite group of employers who’ve created high-quality workplaces that encourage employees to thrive in a work environment they value,” said Martin J. Ross, Vp, Managing Director of Events & Business Development of Business Insurance.

To make the Best Places to Work in Insurance list, each company had to demonstrate “a minimum standard of excellence,” said Peter B. Burke, BCG’s president. “We do have our eyes set on an overall level of satisfaction that we want to see,” he said. “We’re not ranking the best of the worst.”

The assessment was a two-part process. Part one—responsible for 75% of a company’s score—involved a confidential 76-question Employee Engagement & Satisfaction Survey, which was used to evaluate employees’ workplace experience and the company culture. The second part of the assessment—responsible for 25% of a company’s score—was an employer questionnaire that collected information about each company’s benefits, policies, practices and other general information. Using the two sets of data, BCG experts conducted an in-depth analysis of the strengths and opportunities at each company.