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GIC approves consultant contract with Boston Benefit Partners (Alara Group) for life and LTD procurement

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Summary

The Group Insurance Commission voted unanimously to retain incumbent Boston Benefit Partners, now part of the Alara Group, as consultant to assist with the life and long‑term disability procurement and ongoing stewardship.

The Group Insurance Commission voted unanimously to authorize a consultant contract with Boston Benefit Partners, now part of the Alara Group, to support procurement of life and long‑term disability (LTD) coverage.

Commissioner Cameron McBean, the GIC director of vendor management, told commissioners the procurement team reviewed best and final offers from the incumbent (Boston…

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