Power Group And GroupSource Partner To Form PowerSource
Online, December 3, 2010 (Newswire.com) - Power Group, the fastest growing insurance brokerage in the Midwest, has formed yet another partnership designed to accelerate that growth even more. Power Group has joined with GroupSource, an aggressive group purchasing provider with clients throughout the U.S. and headquartered in Lenexa, KS, to launch a joint venture: PowerSource.
"Every day we help struggling businesses survive, and thriving businesses jump to the next level," said GroupSource CEO Ross Conner. "In this economy people need hard-dollar, measurable savings. Our clients are already benefiting by our exclusive contracts and vendor audits. Implementing proven and proprietary cost reduction solutions for insurance and financial services through PowerSource will drive even more cost out of operating budgets. That makes a significant, positive impact on their bottom line."
Power Group Vice President Gary Davis agreed, saying, "Power Group's mission is to make our clients better. Joining forces with GroupSource enables us to bring even more value to our clients. This contract immediately improves our clients' ability to handle the healthcare reform changes that are on the way."
PowerSource is an expansion of the group purchasing model and will add proprietary insurance and financial products to the discounted business supplies and services already offered by GroupSource. PowerSource will give current Power Group clients access to steep discounts on everything from office equipment & uniforms to temporary staffing & printing services.
Power Group Companies is a full service insurance agency specializing in employee benefit consultation, risk management, and COBRA & FSA administration. Power Group has more than 2000 clients in the Greater Kansas City Area, and has been serving the Midwest for more than 30 years.
GroupSource is a Lenexa, Kansas, based corporation founded in 1996. As a group purchasing organization, GroupSource uses collective leverage to help its member reduce hard dollar costs for supplies and services. GroupSource services customers in 42 states across the country and supports customers, large and small, from all business industries including healthcare, accounting, legal, construction, higher education, banking, and many others.
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For information on Power Group, visit www.pgcompanies.com.
For information on GroupSource, visit www.groupsourceinc.com