OKLAHOMA CITY, Feb. 12 28, 2020 (GLOBE NEWSWIRE) — BOK Financial Insurance (BOKFI), a division of Tulsa-based BOK Financial Corporation, partners with companies to develop employee benefits and risk management strategies that improve the overall well-being of the company and its employees. BOK Financial Insurance focuses its growth trajectory on Oklahoma and Texas as an expansion of its employee benefits operations that have supported customers in Colorado and Arizona for the past decade.
BOKFI comprises a team of seasoned professionals with in-depth knowledge of health and wellness plans, specializing in the areas of benchmarking and analysis, HR defense and compliance, smart cost containment, wellness programs, benefits administration technology and employee engagement.
“The expansion of BOKFI’s benefits consulting and brokerage services provides the opportunity to add value to our clients’ decision-making,” said Todd McLean, President of BOK Financial Insurance. “Benefits are typically among the top four expenses on a P&L, and benefits are critical to retaining and recruiting quality employees. Now our customers in Oklahoma and Texas have access to these services that were primarily available in other states in which we operate.
BOK Financial Insurance‘s expanded operations will be based in Oklahoma City and will focus on supporting employee benefits customers in Oklahoma and Texas. Jessica McCool, regional operations consultant, will lead the expansion effort. After beginning her career in a pharmacy benefits account management position, McCool most recently worked as a benefits consultant, focusing primarily on large self-funded accounts. Jessica grew up on a ranch in Oklahoma and earned her undergraduate degree from the University of Central Oklahoma and her MBA from Oklahoma City University.
“Jessica is committed to Oklahoma’s business community and local providers of various employee benefits,” McLean said. “We are grateful for the opportunity to bring additional and meaningful services to our Oklahoma customers. Oklahoma City is growing and we are excited to grow with this great city.”
The BOK Financial Insurance team aims to partner with business leaders to create a culture of health for employees.
“Employee education and welfare are no longer optional; these are core business priorities and every employee has a role to play,” said Reed Smith, Executive Vice President and Head of Benefits Practice at BOKFI. “We strive to help employers embrace a culture of health and educate employees on how to make consumer-centric financial decisions. With this expansion, we look forward to inspiring a culture of health and wellness for businesses in Oklahoma and Texas. »
BOK Financial Insurance, Inc. is a wholly owned subsidiary of BOK Financial Corporation (NASDAQ: BOKF). BOK Financial Insurance provides benefits consulting and risk management services to businesses and nonprofits in the Rocky Mountain and Midwest regions. BOK Financial Corporation is a $40 billion+ regional financial services company headquartered in Tulsa, Oklahoma with over $80 billion in assets under management and administration. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage, investment, trust and insurance, origination and management of mortgage loans and an electronic transfer network of funds. For more information, visit www.bokf.com.