Ed has over twenty years of experience in the employee benefits field and was recently promoted to the role of President. Since 2000, he was responsible for overseeing our Wholesale Brokerage Division, with an emphasis on the professional development of our internal staff and over nine hundred outside agents. This division works as an intermediary sales and service contact between the insurers and many insurance agents and agencies who wish to market, sell, and service their products. Under his direction, the division became one of the largest and most-respected intermediaries in the Philadelphia region, with over 1 billion in premiums under management. In addition to his brokerage responsibilities, he successfully established and managed our Group Sales and Service Division.
Ed has been instrumental in expanding the company’s scope of services, market access, and staff through several strategic agency acquisitions. Prior to his tenure with Brown & Brown, he held various positions of increasing responsibility over an 11-year period in the Marketing and Sales Division at Independence Blue Cross.
Ed graduated from Saint Leo University in 1990 with a B.A. in Finance. He holds a current insurance license in the Commonwealth of Pennsylvania.
Vice President, Consulting
Scott Kane is Vice President, Consulting and a senior consultant for Brown & Brown Consulting, specializing in health and welfare benefits consulting.
Scott joined Brown & Brown in 2003. He has over 25 years of group insurance and benefits consulting experience, particularly in the areas of large employer fully-funded and self-funded health and welfare benefits. Scott formerly managed a Phoenix Arizona field office for a medical excess loss underwriter, with responsibilities of sales and service of self-funded medical benefit programs to employer groups.
Scott is also a technical consultant who specializes in assisting employers in the design and marketing of their Employee Benefit programs. Scott employs a rigorous investigative process to understand clients’ needs, risk tolerances, and motivations, in order to provide sound solutions that are consistent with the clients’ objectives. Scott currently manages the benefits programs for several clients, including Brown & Brown, Inc., and serves on the Brown & Brown President’s council of National Benefits Practice. Scott is also the compliance officer of Brown & Brown Consulting.
Scott has experience in the management of private and public sector employer benefit plans, including: financing, plan design, compliance, underwriting analysis, employee communications, and presentations.
Scott graduated from West Chester University with a Bachelor of Science degree in Business Administration, and holds a current Life and Health insurance license in the Commonwealth of Pennsylvania.
Mr. Kikla has over forty years of experience in the Employee Benefits arena. A graduate of Colgate University, he is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary with ERISA.
Mr. Kikla’s expertise spans the Retirement, Employee Benefits, and Casualty Insurance fields including: consulting on employee benefit plan design, funding and administration; actuarial valuation of defined benefit pension plans to determine ERISA funding requirements, accounting expense, and disclosures under FAS 87, FAS 88, and/or GASB 27; actuarial analysis and design of retiree medical plans and expense development under FAS 106 and GASB 45; analysis of cost and funding implications of alternative pension, profit sharing, and 401(k) plan designs; consulting on ERISA and Internal Revenue Code compliance for Employee Benefit Plans; conducting feasibility studies, actuarial rates, and reserve analysis for self-insurance programs in Workers’ Compensation, Health, and Disability; and serving as Appointed Actuary to Insurance Companies in the U.S. and Bermuda.
Mr. Kikla has testified as an expert witness before State Insurance Departments on various insurance related issues, as well as on pension liabilities litigation. A nationally recognized expert in the retirement field, Mr. Kikla has served on the pension committee of the American Academy of Actuaries from 1989 to 1991, and was Chairman of the Pension Committee for 1992 and 1993. He has authored several articles, the most recent being “How to Make the Best Use of Your Actuary,” published by Pension Management, November 1995.
Bill Patti is a member of the American Academy of Actuaries and an Enrolled Actuary with ERISA that has over twenty years of experience in employee benefits.
He is responsible for consulting on all aspects of retirement plans for the public and private sectors, including determining minimum funding requirements and maximum tax deductible limitations, determining financial statement expense and year-end balance sheet adjustments and footnote disclosure items under FASB and GASB, analyzing alternative plan designs including defined contribution supplemental and/or replacement plans and supplemental executive retirement plans. In addition, he performs nondiscrimination testing on controlled group and non-controlled group employers for purposes of satisfying benefit amount and coverage requirements, designing and analyzing the funding and financial statement costs of early retirement windows and implementation thereof, multi-employer plan participation and withdrawal liability analysis, and pension plan administration.
Bill has significant experience analyzing the feasibility of defined benefit pension plan terminations and performs any or all of the steps necessary to implement a plan termination, including analyzing offering lump sum payments, single premium group annuity purchases, or some combination of the two. Plan termination analysis includes continually evaluating whether to annuitize or offer lump sums to certain population or liability segments. Our single premium group annuity purchase service includes data analysis, including death audit, preparation of insurance company bid specifications, analysis of insurance company proposals and due diligence on insurance companies to comply DOL Interpretive Bulletin 95-1, and assistance with insurance company contract review and installation.
Bill also provides services on fully credible, self-insured health and welfare plans in the development of health insurance rates and reserves in conjunction with actuarial analysis of health claims experience and cost effect of health plan design changes. In addition, he provides \ financial statement and year-end balance sheet adjustments, preparation of Form 5500, footnote disclosure items under FASB and GASB, and other government filing compliance prepared by Brown & Brown Consulting.