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Beam Raises $22.5 million Series C led by Kleiner Perkins to Expand New Model of Dental Insurance for Small to Medium-Sized Businesses

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COLUMBUS, Ohio (May 15, 2018) – Beam Dental, a dental insurance company for small and medium-sized businesses, today announced it has raised $22.5 million in Series C funding led by Kleiner Perkins. The company will use the funds to expand its data-driven technology platform beyond the three states in which it currently operates (Ohio, Texas and California). Kleiner Perkins’ Lucas Swisher will join Beam’s board of directors. Founded by Alex Frommeyer (CEO), Alex Curry (COO), and Dan Dykes (CTO) in 2012, Beam is transforming the $78 billion dental insurance market by providing a better experience for its ecosystem: insurance brokers,…

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Beam Dental and Wellthie Announce Partnership to Increase Small Business Access to Innovative Dental Insurance

By | Beam News, Uncategorized | No Comments

COLUMBUS, Ohio, May 1, 2018 /PRNewswire/ – Beam Dental, the innovative provider of small and medium-sized business dental benefits, announced a partnership today with Wellthie, a small group national benefits marketplace with medical and ancillary coverage like dental, to provide brokers one convenient place to sell to small businesses. Brokers can quote premier Beam plans on the Wellthie platform starting immediately in Arizona, California, Colorado, and Washington, with more states coming soon. Beam is reimagining dental care by incorporating dental hygiene behavior into policy pricing while delivering best-in-class support and service. All of Beam’s SmartPremium plans offered through Wellthie are customizable and include Beam Perks, a subscription service…

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How Modern Technology Can Mitigate Your Clients’ Switching Costs

By | Brokers, Group benefits | No Comments

You’ve been there before: you bring an incredibly compelling benefits package to your client at renewal. You’ve maximized savings across all their lines and believe that you’re truly delivering the best possible package, including incredible service, innovation and significant cost savings. However, the client simply doesn’t want to change one of the lines. Since you understand your client deeply, you’re able to peel back more layers of the onion to realize that the client is concerned with switching costs and employee disruption. In short, they don’t want to make their own job (or yours) more difficult. While this concern may have been…

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Beam Dental Takeaways from BenefitsPRO Expo 2018: Think Ahead

By | Brokers, Group benefits, Insurance | No Comments

First of all, I had an amazing time at BenefitsPRO 2018. I met with consultants from large regional firms, to independent brokers, existing and potential partners and everyone in between. It was an incredible opportunity to have so many benefits experts under one roof, all sharing their thoughts on where the industry is going. With that in mind, I wanted to share some of the key themes I heard. Speaker Highlights: Think for the Future One of the consistent themes across the Expo this year centered around industry change and how to think for the future. Tuesday afternoon’s reception kicked off with an incredibly…

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How Beam SmartPremiums Work

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We recently launched Beam SmartPremiums, the most innovative dental insurance plans in decades. While this post shares a bit about Beam’s vision and why we launched SmartPremiums, I want to take a minute to address some common questions we’ve received, starting with: How do SmartPremiums work? Here’s the short answer: SmartPremium plans allow clients to save money on dental insurance by practicing good oral care habits, aka brushing your teeth! When a client signs up for Beam group dental insurance, each member receives a Beam Brush as part of their Beam Perks wellness package, which is included with each plan. The Beam Brush helps calculate a brush…

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Why Beam is Making Dental Benefits Better

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One of the most common questions I get when doing an interview or introducing Beam dental to a new person is ‘how the heck did you get into dental benefits?’ Fair question. There is nothing in my background, nor the backgrounds of our co-founders, that suggests that we would be the perfect people to bring a disruptive idea to the dental industry. In fact, our high level CV looks extremely typical for a tech startup: 3 young males who met in engineering school and started building things together when we got bored with classes. However, our story diverges quickly from there.

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Beam Dental Partners with VSP® Vision Care — Raises $5.5M Series B to Build the Future of Dental Insurance.

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For Immediate Release: 10/26/2017 Beam Dental Partners with VSP® Vision Care Columbus, OH: Beam Dental, the innovative provider of small and medium-sized business dental benefits, announced a partnership today with VSP Vision Care, the only national not-for-profit vision benefits company, through which Beam Vision will feature a selection of VSP’s industry-leading vision benefit plans across 10 states, including California, Texas, Illinois, Arizona, Ohio, Colorado, Washington, Utah, Wisconsin, and Kentucky. Alex Frommeyer, Beam’s Co-Founder and CEO, said of the partnership, “As a leader and innovator in the delivery of vision care, VSP is unmatched in its expertise, especially in the markets…

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Beam Dental now Offering Dental Plans on Liazon’s Benefit Marketplaces in California

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Columbus, OH: Beam Dental, the innovative provider of small- and medium-sized business dental benefits, announced an agreement today with Liazon, operator of the industry-leading benefit marketplace solution Bright Choices® and several other privately labeled marketplaces.  Beam will feature a number of their dental plans, which include electric toothbrushes, replacement heads, floss and paste for all members every three months, on the Liazon platform in the California market.  Alex Frommeyer, Beam’s Co-Founder and CEO, said, “We are tremendously excited to launch with Liazon, which will allow employees to personalize their dental benefits through this established and technologically mature benefits technology provider….

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Beam Dental partners with Word & Brown

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Beam Dental Partners with Word & Brown Columbus, OH: Beam Dental, the innovative provider of small and medium-sized business dental benefits, announced a partnership today with Word & Brown, a leading California-based general agency. Beam will feature its unique dental plans, which include electric toothbrushes, replacement heads, floss and paste for all members every 3 months, in the California market to all Word & Brown broker partners.  Alex Frommeyer, Beam’s Co-Founder and CEO, said of the partnership, ‘Word & Brown has built a great business and brand in California, working with high quality benefits brokers up and down the state....
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How do I Find the Perfect Benefits Broker?

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When you think of an insurance broker, you probably think of some tie-wearing, paper-toting old-school salesman. Like this guy: Sure, there are plenty of fantastic brokers that still carry around a briefcase, wear a suit every day and focus completely on the relationship side of the business. However, many of them aren’t up-to-date on the latest benefits options or technology. And if you’re reading this post, you clearly care about innovation and making the best benefits decisions for your company. So I’m going to show you how to find the best benefits broker / consultant / advisor that fits your…

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