Holmes Murphy & Associates
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Holmes Murphy & Associates Company Information
Holmes Murphy & Associates provides an extensive array of insurance solutions, including Property Casualty, Employee Benefits, Captive Insurance, Claims, Clinical Wellbeing, Complex Property, Compliance, Cyber Liability, Employee Experience, ESG Consulting Services, Executive Risk, Global Risk Management, Innovation, Pharmacy, Placement, Private Risk, Programs, Risk & Safety, Small Business, Specialty Benefits, Surety Bonds, Third-Party Claims, and Workers’ Compensation. The company serves a diverse range of industries such as Agricultural Equipment Insurance, Agriculture, Architects & Engineers, Construction, Education, Financial Services, Health & Human Services, Hospitality, Manufacturing, Mining, Petroleum Distributors & Retailers, Public Entity, Real Estate, and Technology. Since its establishment in 1932, Holmes Murphy has remained independent and now operates 13 offices across 11 states, employing over 1,100 people. The company offers specialized insurance programs through Innovative Program Solutions (IPS) and is active in the ESOP community, being a member of The ESOP Association (TEA) and National Center for Employee Ownership (NCEO). Holmes Murphy provides a dedicated team for managing the unique risks associated with Employee Stock Ownership Plans (ESOPs) and offers a comprehensive onboarding program called the Brainery, which is a 3-4 month paid program for new hires. The company engages in community service through financial contributions and active volunteerism and boasts a high employee retention rate of 90%. Employees benefit from continuing education, tuition reimbursement, 401(k)-profit share, generous time off, and paid parental leave. Holmes Murphy also hosts various events and webinars for continued education and industry insights. Additionally, the company has a dedicated Fraternal Practice team that offers risk management and insurance products for fraternities and sororities, and it utilizes a cloud-based policy life cycle system for rating, quoting, binding, issuing, renewing, and endorsing transactions.