Executives are often surprised when colleagues mention that they have moved to PBI based plans, and that they have dramatically lowered their premiums. PBI is one of the subjects which will be discussed extensively in this blog. Conventional insurance is called “Guaranteed Cost Insurance.” Companies pay a fixed premium regardless of their claim levels. This means that companies also pay for carrier overhead and profit. PBI offers companies some innovative alternatives, allowing businesses an opportunity to significantly reduce costs. Safe, well-managed companies can reasonably save 25% on average.