Cullen/Frost Bankers, Inc.benefits

Cullen/Frost Bankers, Inc.'s benefits plans covered 6,007 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $3,244,757. Insurance brokers and agents were paid $367,946 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.3% of premiums. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 161% from $140,875 in 2023.