Q1: Why are there two companies – DCS and BenFlex?

A1:  DCS (Demner Consulting Services) is the original company founded by Michael Demner to provide actuarial services to organizations and individuals. In 2004 BenFlex Services was created to accommodate the growing area of benefit plan administration and record-keeping.  Separate companies were needed at that time to be able to purchase liability insurance coverage at a time when the smaller actuarial firms were not able to buy this coverage.

Q2: Will Michael continue to be involved in his business and for how long?

A2: Michael expects to continue working for at least another 7 years and possibly longer.  He has established succession plans with his oldest son, David, and youngest daughter, Claire, who are expected to run his business when he does retire.