North American Benefits

North American Benefits Company (NABCO) was founded on June 1, 1992. Changes within the Fidelity Mutual Life Insurance Company Group Department created the opportunity to acquire the staff, expertise and group administration services of a major Life Insurance Company. Independently owned and operated, NABCO underwrites and administers Employer/Employee benefit plans for several carriers. Our original team of 24 employees has grown to more than 35 and our premium volume has grown to over $34,000,000. As a state licensed and carrier appointed Third Party Administrator (TPA), NABCO generates a consolidated bill, offering our clients a selection of best-in-class carriers. Combining multiple carriers on a single bill not only provides the most competitive pricing and benefit structure, but allows the employer to pay for all their benefits with one check to NABCO. We reconcile the premium payments with the carriers. NABCO is the employer's sole point of contact for all administrative issues, greatly reducing the workload on the employer's HR staff. Our company primarily provides services to groups of 2-10,000 lives. We provide service to over 4,000 employers with a combined total of over 200,000 lives. These groups represent a cross section of industries and geography. Employer-paid and Voluntary Group Life, AD&D, STD, LTD, and Dental are our primary products. Major carriers we support include AUL/OneAmerica, Kansas City Life Insurance Co., Lincoln Financial Group, Madison National Life Insurance Co., MetLife, Pan American Life, Reliance Standard Life Insurance Co., and Standard Security Life Insurance Co. of NY. We also provide a full range of Worksite products including Disability, Life, Cancer, Hospital Indemnity, Critical Illness and Accident. Our state-of-the-art Worksite billing system supports Issue Age rating, virtually any deduction frequency, "skipped" deductions, and multiple carriers on a single bill. We are very proud of our experienced staff. The core group averages over 20 years of experience in administration, underwriting, claims, contract administration, billing, commissions, enrollment and related services.