Employers can give their employees a set amount of money and then direct them to a private exchange. There, they can shop for a health plan and other benefits, like dental, based on what the employer has selected as options.
Safeco sale 'bittersweet,' says CEO Reynolds. By DAN RICHMAN, P-I REPORTER. Selling Safeco Corp. was a bittersweet moment, Chief Executive Paula Reynolds said Wednesday, after the announcement that Boston's Liberty Mutual Group will buy the 85-year-old homegrown insurer for $6.2 billion in cash.
Mike McCready â Vice President of E-Commerce. Mike has been with Safeway for 13 years and is currently the Vice President of E-Commerce. He joined the company in 2001 in corporate finance working on various corporate development projects until his promotion to Vice President of E-Commerce in 2007.