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Showing posts from November, 2016

Hixme Insurance Solutions - Enabling Better HR Options for Benefits

As chief financial officer of Hixme Insurance Solutions, Inc., Erik Wissig guides a technology-enabled firm that provides larger companies a platform for enabling employees to take ownership of their health benefits. Erik Wissig and others at Hixme provide an in-depth look at issues confronting clients through dedicated webinars, including a recent one on “The Battle of the HR Professional: A Deep Dive into the Benefits Function.” Speaking on the webinar, Hixme CEO Denny Weinberg addressed specific challenges related to benefits, which he defined as the most costly among the full array of issues that HR professionals deal with. With HR professionals focused on attracting and retaining top level talent, they must balance financial constraints and competitive pressures.  Within the benefits sphere, battlegrounds have emerged on a number of fronts amid a landscape of rising “out-of-control” costs and third-party health coverage purchases that are uneconomical. One goal of Hixme is to

A Brief Explanation of Seed Funding

As the CFO of Hixme Insurance Solutions, Inc., Eric Wissig manages the financial strategy and business plan of this technology-centered health insurance startup. Among his achievements at Hixme, Eric Wissig has been instrumental in raising over $12 million in seed and series A venture capital for the firm. The seed or angel funds of a startup generally refer to the first monies invested in a business after the founder’s initial investment and investments from friends and family. Angel funders typically put in relatively small amounts of money to allow for continued growth. In exchange for this, they receive an ownership interest. Additionally, they may actually assist in getting the company off the ground. Seed investors aim to help the company gain some traction, ideally creating interest from larger, professional investors, such as venture capitalist companies. Once these higher level investors become involved, investment opportunities continue in series or rounds, with each roun