About us

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Dedicated To Educators Like You.

Since 1976, Creative Benefits for Educators has been working tirelessly to meet the unique needs of Florida’s education community. We were created “for educators – by educators,” meaning we understand firsthand the financial struggles you may encounter.

Our mission is to make a tangible difference in the financial lives of Florida’s educators and their families. We offer a range of financial products and services specifically designed with you in mind. With our comprehensive approach, known as the CBE advantage, we aim to provide you with the peace of mind and protection you deserve.

We know that your most important assets are your family and your possessions. That’s why our team at Creative Benefits for Educators is dedicated to helping you safeguard them. We offer competitive rates on insurance and financial solutions that will empower you to protect what matters most.

A Look Back

Creative Benefits for Educators (CBE), originally known as PESCO, has a rich history of supporting Florida’s education community since its inception in 1976. Here’s an overview of its evolution:

1976
  • PESCO is founded with FEA/United as a 50% shareholder.
1987
  • PESCO becomes a subsidiary of Fringe Benefits Management Company (FBMC).
1994
  • FEA/United acquired PESCO, shifting the company’s focus to financial and retirement planning services for members.
1996
  • PESCO partnered with MetLife to create PESCO Plus, achieving profitability for the first time since separating from FBMC. PESCO Plus was later sold to AIG VALIC.
1997
  • A joint venture with Liberty Mutual introduced a premier auto and homeowners insurance program tailored for Florida educators.
2000
  • Following merger of FEA/United and FTP-NEA forming FEA, control was transferred to FEA local affiliates.
2006
  • The Company rebranded from PESCO to Creative Benefits for Educators (CBE) to better reflect its mission and services.
2011
  • FEA locals acquired 100% ownership of CBE under a shareholder-approved buyout plan.

Throughout its history, CBE has consistently aimed to provide quality insurance and financial products tailored to the needs of Florida’s educators, ensuring their financial security and well-being.

A Team Dedicated to Finding Financial Security for Educators and Staff

SHAREHOLDERS REPORT

To Our Shareholders

We are pleased to report that a dividend has been paid to shareholders for a record 26th consecutive year. Even during troubled times, Creative Benefits for Educators brings added value to membership while rewarding its shareholders.

Our Name Says Who We Are

In 2006 the Board and Shareholders approved a change in the company name to Creative Benefits for Educators (CBE). We believe this name accurately describes who we are and what we do. CBE has a new name, but it continues to provide the same high quality service you have come to trust.

This is our business… and it’s our only business.

CBE Proves Membership Doesn’t Cost, It Pays!

A Focus on Performance

Our Business Partners

Key Financial Indicators