Mississippi Business Journal » Third-party administrators

Morgan White, Security Belew enter joint venture

For the MBJ — Wed, 06 Apr 2011 15:06:59 +0000

JACKSON — Security Ballew and Morgan White Group have announced a joint venture in Independent Pension Solutions (IPS), a leading provider of third-party retirement plan administration and recordkeeping services. According to Matt Ballew, chairman of Security Ballew, Morgan White Group recently purchased an interest in IPS. He said the combined resources would give IPS greater [...]

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Aon buying Hewitt for $4.9B in cash, stock

Associated Press — Mon, 12 Jul 2010 11:36:27 +0000

CHICAGO — Insurance broker Aon Corp. said today it agreed to buy human resources company Hewitt Associates for $4.9 billion in cash and stock to expand its consulting operations. The insurance broker will pay $50 per Hewitt share. That is a 41 percent premium from Hewitt’s closing price Friday of $35.40. Aon, based in Chicago, [...]

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It’s about tailoring coverage with needs

Laura Smith — Sun, 13 Jun 2010 06:01:23 +0000

Third-party administrators were established with the government’s approval in the 1970s Third-party administrators can provide cost-efficient insurance and benefit services to Mississippi companies while tailoring the services to meet the companies’ needs. “What sets us apart is that we’re much more flexible in designing plans to fit the company, which larger carriers, by their sheer [...]

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