News Room

FMI and Voluntary Benefit Solutions Launch Premium AFLAC Insurance Program at FMI Connect

June 12, 2014

JUNE 12, 2014 - Chicago, Il – Voluntary Benefit Solutions Corporation (VBS), an insurance brokerage focused on the retail and wholesale industries, is joining with Food Marketing Institute (FMI), the leading supermarket industry trade association, to offer FMI members a series of unique Aflac supplemental insurance programs. Under the new FMI Voluntary Benefits Exchange Program, which is being launched at FMI Connect, VBS is providing highly competitive benefit options to FMI retailers and wholesalers, and Aflac’s most senior agents will assist in servicing the accounts.

"At FMI, we are constantly working to develop programs for our members that make them more attractive as employers and enhance their reputations in the communities they serve. FMI Voluntary Benefits Exchange not only accomplishes both of these goals, it does so at no direct cost to the members and with recognized leaders in the voluntary benefits industry," said Leslie G. Sarasin, president and CEO of FMI.

FMI members participating in the FMI Voluntary Benefits Exchange program will work with VBS and Aflac to create a customized list of offered benefits for their employees. Benefit reviews will then be offered to individual corporate, distribution or production center and store-level employees, at the expense of VBS, which will conduct personalized worksite meetings to explain selected corporate benefit offerings and assist with enrollments.

"At a time of increasing premiums and expanding deductibles, making voluntary benefits available, alongside major medical insurance, helps individual employees get the additional high-quality coverage they may need, at a reasonable cost. And with VBS and Aflac administering the FMI Voluntary Benefits Exchange program, it can provide true financial value to the member’s bottom line," said Joe Ciolino, president and CEO of Voluntary Benefit Solutions Corporation.

VBS and Aflac are working together to ensure that FMI members receive the best voluntary benefits package available at the lowest possible rates. Members will be able to join easily and employees will be treated with care by Aflac’s most experienced agents.

FMI members are encouraged to visit Booth #4469 and discuss opportunities to enhance their benefit offerings, improve employee relations and save money through the FMI Voluntary Benefits Exchange.

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org

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