Gary Taffet

United States
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Gary Taffet founded Reliance Insurance Group to create win-win scenarios for business owners and their employees.
As someone who is familiar with what it takes to run a successful business, Gary Taffet has taken his expertise to the next level by paying it forward. He created Reliance Insurance Group in 2005 to provide an alternative to the existing system, which often forces employers to choose between providing good benefits or making profits. Taffet, is intimately familiar with the economics of participation. He has dedicated the last 8 years to coming up with creative ways to extend human resource provisions to small and large business owners alike. His belief in fairness and company cohesion drove him to offer transparent services that are based on the ideals of compromise and care rather than a bottom line.

Taffet is one of the rare brokers in the business to prioritize customers’ happiness and employer savings. As such, he is frequently in-demand to advise business owners in the toughest of situations.

The insurance industry is an increasingly complicated market that demands players who know the ins and outs of the trade. He has proven countless times that he has the skills to navigate technological and bureaucratic changes that impact the human resources trade. He is dedicated to staying on top of the leading research and data trends and thus follows these fields closely. As a result, he manages to afford a great deal of expertise to his clients for comparatively little cost when compared to the “big guys”. He is a people’s man and someone who identifies with business owners and their workers. He is changing the field of human resource offerings one client at a time.
Gary Taffet is an established professional who cultivated a rich array of experience and training throughout his decades in the workforce. He has followed the insurance, benefits, and human resource industry for many years. He implemented what he learned along the way and eventually built a successful and well-known business as a result. His talent for writing has earned him several guest spots on well-known blogs and industry websites. His willingness to advocate for the common worker has driven him to provide his expert input on national healthcare debate.

Gary was impacted by his father’s own experience in the workforce which, though honorable, was marked with uncertainty when the time came for him to retire. Would his employer be able to provide the benefits he had originally been promised? The benefits his father had worked so hard for over multiple decades were suddenly in question. Gary Taffet could see that there was a solution to the problems companies were facing in ensuring quality insurance options for their hardest working staff. In 2005, he started his own company, Reliance Insurance Group, so he could do more than just think or talk about the issue. Taffet placed himself on the front lines of health care and human resources issues. His reputation as a problem solver has followed him ever since.

The option to participate in health insurance is no longer a given for employees. As health costs have risen, companies and corporations have had to cut back – sometimes forcing employees to choose between scanty health benefits or a simple payout so they can buy their own insurance. Taffet knows this scenario is bad for both parties, and has worked hard to forge new pathways to partnership in this area.

It’s basic economic theory that mass production yields the highest profits and lowest costs. He wondered why it was so hard for employers to implement economies of scale in their human resources practices, and set about finding the answer. It turned out that complicated business policies, insurance regulations, taxes, laws, and rules around hiring played a huge role in employer decisions about whether to offer insurance benefits or not. Because he put in the hard work to become thoroughly education about both employer and employee needs and desires, he quickly became a sought-after mediator and expert in insurance negotiations. Taffet has made sure that his services are accessible to all who want them and advises both small and large clients alike.

Hospitals: Providing Healthcare for Patients and Employees

Gary has written extensively on the subject of hospital benefit programs – an area that is fraught with complications but that, he says, can produce great results if the right type of benefit approaches are used. Gary Taffet explains that hospitals can improve their employees’ health and their own bottom lines by encouraging their staff to take advantage of hospital offerings. Studies have revealed that hospital employees do not use many of the free services available to them through their workplace unless actively encouraged to.

Taffet has encouraged his clients in hospital human resources administrations to get creative with their offerings and create plans that focus on wellness. Hospitals are in a unique position to offer innovative lectures, groups, programs and even things like healthy food options in their large cafeterias. Hospital employees also tend to be like families since they spend a great deal of time together, often in difficult situations like caring for sick or injured patients. Leveraging group cohesion and using this to encourage healthy behaviors is a great way for hospitals to improve the health of their workforce. According to The health insurance industry is changing as fast as the field of healthcare is. His dedication to staying flexible and ahead of the curve will serve employees and their employers well in the years to come. Parents with children in college and living at home, for example, now have the option to provide insurance for their kids until they turn 26 years old. This changes things, but through his ever-present knack for innovation, Taffet has already managed to account for these transformations in the market. An ever-expanding array of insurance and financing options has always separated Gary Taffet’s Reliance Insurance Group from the other players in the field. He plans to continue innovating through his values of hard work and forward thinking – things that are especially valuable in today’s economic climate.

Gary Taffet believes that quality planning and preparation are always the best options for securing a healthy and worry-free future. After all, this conviction was the impetus behind his decision to enter into the insurance industry in the first place. His passion for families and good business practices have earned him his excellent reputation. These attributes are the guiding stars for the future of his company. As an employer himself, leading the fields of insurance and human resources are responsibilities he takes very seriously and expects those around him to take seriously as well. He will continue offering top-notch innovative programs and services to small and big employers alike. He will continue to attempt to transform the fields that touch so many people’s lives in such powerful and personal ways.
y eliminating unnecessary expenditures and making healthy activities their own rewards, hospitals can have a great impact on their own culture and those of other workforces.

Holistic Benefits Plans

Gary Taffet is known for his ability to see multiple solutions to a problem at once. In advising major clients like hospitals, he often treats benefits programs holistically instead of breaking them up into categories like “healthcare”, “pension”, etc. He has done some innovative work helping hospitals reallocate money so it goes where it will be used efficiently. One example is his recent advice to one major entity to reconsider offering expensive pension plans in favor of providing employees with 401k and other options. The 21st century has brought with it a tremendous amount of innovation and tools that companies can use to better their benefits programs. He is helping these businesses stay ahead of the curve and think outside the box.

Gary Taffet Talks with Employers and Employees

One of the things that sets Gary Taffet’s Reliance Insurance Group apart is the inclusion of Employee Communications and Safety Programs. These are not often offered by other entities in the same industry.

Taffet believes that by listening to employees, he often comes to much better and more informed conclusions than he would otherwise. It always helps to know both sides of the story and the priorities on both ends of the spectrum. By offering safety programs, he gets to interact with staff and administrators in a way that is often personable, fun, and relaxed. This helps him and his staff form relationships with and really get to know their clients – something they believe is very important. Gary Taffet and his staff are passionate about providing solution-focused services to clients on all levels. By consulting with and listening to all parties involved, he and his coworkers are able to accomplish much more than a regular insurance group. This makes them truly reliable – a word that goes way beyond the company’s name.
The health insurance industry is changing as fast as the field of healthcare is. Taffet’s dedication to staying flexible and ahead of the curve will serve employees and their employers well in the years to come. Parents with children in college and living at home, for example, now have the option to provide insurance for their kids until they turn 26 years old. This changes things, but through his ever-present knack for innovation, he has already managed to account for these transformations in the market. An ever-expanding array of insurance and financing options has always separated Reliance Insurance Group from the other players in the field. He plans to continue innovating through his values of hard work and forward thinking – things that are especially valuable in today’s economic climate.

Gary Taffet believes that quality planning and preparation are always the best options for securing a healthy and worry-free future. After all, this conviction was the impetus behind his decision to enter into the insurance industry in the first place. His passion for families and good business practices have earned him his excellent reputation. These attributes are the guiding stars for the future of his company. As an employer himself, leading the fields of insurance and human resources are responsibilities he takes very seriously and expects those around him to take seriously as well. He will continue offering top-notch innovative programs and services to small and big employers alike. Gary Taffet will continue to attempt to transform the fields that touch so many people’s lives in such powerful and personal ways.

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Education
  • Rutgers University , United States

    Undergraduate
    http://www.rutgers.edu/
    -
  • University of Pennsylvania , United States

    Masters
    http://www.upenn.edu/
    -
Career History
  • Founder , United States , Princeton, New Jersey

    http://www.relinsgroup.com/
    05/2005 to 12/2099
  • ,

    Location Greater Chicago Area Industry
    to
Family & Friends

No neighbors Specified

Core Competencies
  • Insurance
  • Risk Management
  • Insurance Consultation
  • Reserve Analysis
  • Employee Benefits
Greatest Attributes

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Business Achievements

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Worst Failures in Business

No Worst Failures in Business Specified

Political Party

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