Employee benefits

The Standard Closes Acquisition of Life & Disability Business from Elevance Health, Enters Distribution Partnership

Retrieved on: 
Monday, April 1, 2024
General Health, Finance, Health, Professional Services, Insurance, Disability, Growth, Partnership, The Standard, Elevance Health, Life, Acquisition, StanCorp Financial Group, Standard, Employee benefits, Parental leave

StanCorp Financial Group, Inc. (“ The Standard ”) today announced the closing of the acquisition of the Life & Disability business from Elevance Health in accordance with the terms of the agreement reported on March 28, 2023.

Key Points: 
  • StanCorp Financial Group, Inc. (“ The Standard ”) today announced the closing of the acquisition of the Life & Disability business from Elevance Health in accordance with the terms of the agreement reported on March 28, 2023.
  • The agreement includes a 10-year distribution partnership whereby The Standard’s products and services will be made available to Elevance Health customers.
  • The combined life and disability benefits businesses will operate under The Standard brand and include the Elevance Health Life & Disability employees and operations.
  • “We look forward to our continued partnership with The Standard and value their expertise in the Life & Disability business,” said Morgan Kendrick, Executive Vice President and President, Commercial Health Benefits at Elevance Health.

Acrisure Launches Dedicated Life and Health Business Under Wholesure Division

Retrieved on: 
Tuesday, March 26, 2024
Fintech, Professional Services, Insurance, Accident, International, Head, Disability, Employee benefits, Management

Acrisure , a global Fintech leader, today announced the formation of a newly dedicated Life and Health business segment that will fall under the Company’s recently announced Wholesure division .

Key Points: 
  • Acrisure , a global Fintech leader, today announced the formation of a newly dedicated Life and Health business segment that will fall under the Company’s recently announced Wholesure division .
  • Wholesure comprises Acrisure’s P&C wholesale lines of business and now expands to include Life and Health.
  • The Life and Health segment will bring together numerous Acrisure Partners specializing in Life, Disability, Accident and Health, Enrollment Services and Employee Benefits TPA services.
  • Seth Denson, who serves as Head of Employee Benefits for Acrisure’s retail business, has been appointed to the additional role as lead of the Life and Health Business.

Childcare Benefits More Than Pay for Themselves

Retrieved on: 
Tuesday, March 26, 2024
BCG, Boston Consulting Group, Employment, Parent, Research, Etsy, Employee benefits, Steamboat Ski Resort, Woman, United Parcel Service, Fast Retailing, UPS, Synchrony, Health insurance

"The lack of quality, affordable childcare in the US is a crisis for working families, 40% of whom are in debt because of the cost of childcare.

Key Points: 
  • "The lack of quality, affordable childcare in the US is a crisis for working families, 40% of whom are in debt because of the cost of childcare.
  • "Until now, we lacked the data that demonstrated a clear return on investment for companies that provide childcare benefits.
  • The study also finds that childcare benefits can help individual employees avoid more than two weeks of absences annually, boosting employee productivity.
  • "One striking example of how the benefits pay for themselves is tied to something as basic as showing up.

HealthLynked Welcomes Garrett Gardi to Its Advisory Board

Retrieved on: 
Wednesday, February 28, 2024
Cornell University, OTCQB, Advisory board, Growth, IBN, Health, Patient, Employee benefits, Knowledge, Insperity

NAPLES, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- via IBN -- HealthLynked Corp. (OTCQB: HLYK), a leader in healthcare technology solutions for patients and providers, is thrilled to announce the addition of Garrett Gardi to its Advisory Board.

Key Points: 
  • NAPLES, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- via IBN -- HealthLynked Corp. (OTCQB: HLYK), a leader in healthcare technology solutions for patients and providers, is thrilled to announce the addition of Garrett Gardi to its Advisory Board.
  • "Garrett's addition to our Advisory Board marks a significant milestone for HealthLynked as we continue to expand our reach and impact in the healthcare sector," said Dr. Michael Dent, CEO of HealthLynked.
  • Garrett expressed his enthusiasm about joining the HealthLynked Advisory Board, stating, "I am excited to be part of a company that is at the forefront of leveraging technology to enhance healthcare delivery and outcomes.
  • HealthLynked is poised for a new chapter of growth and innovation with Garrett Gardi on its Advisory Board, bringing closer its vision of a connected and efficient healthcare ecosystem.

EPIC Insurance Brokers & Consultants’ 2024 Power Broker Winners Recognized for Excellence

Retrieved on: 
Friday, March 8, 2024
Consulting, Professional Services, Other Professional Services, Insurance, Human Resources, Risk management, Senior, EPIC, Consultant, Risk, Employee benefits, Management

EPIC Insurance Brokers & Consultants, (“ EPIC ”) a retail property and casualty insurance brokerage and employee benefits consultant, are proud to congratulate the three team members recognized by the Risk & Insurance 2024 Power Broker awards.

Key Points: 
  • EPIC Insurance Brokers & Consultants, (“ EPIC ”) a retail property and casualty insurance brokerage and employee benefits consultant, are proud to congratulate the three team members recognized by the Risk & Insurance 2024 Power Broker awards.
  • “We are honored to have three members recognized by the respected and competitive Risk & Insurance Power Broker Awards,” said Crawford McInnis, Chief Sales Officer at EPIC.
  • “These highly accomplished professionals are representative of all of the hard-working brokers at EPIC who are committed to our clients.”
    EPIC’s 2024 Power Broker Honorees Include:
    Employee Benefits - Alyssa Williamson, Senior Consultant
    The 2024 Power Broker honorees differentiate themselves from their peers through outstanding client service, comprehensive industry knowledge, and problem-solving skills.
  • This year, thousands of candidates were considered by the Risk & Insurance editorial team with notable competition in the Employee Benefits category.

Dynasty Financial Partners Salutes Women in Wealth Management with its New ‘Trailblazer Series’

Retrieved on: 
Thursday, February 29, 2024
Women, Finance, Consulting, Fintech, Banking, Professional Services, DEI (Diversity, Equity and Inclusion), Consumer, Asset Management, Quad Cities metropolitan area, Social media, Senior, Woman, Customer, Dream, Merrill (company), News, Genworth Financial, Female, Mentorship, Growth, Parent, Federal Reserve, Raymond James Financial, Financial adviser, Bear Stearns, Dynasty Foundation, Federal, Partner, Network, Process, Divorce, Employee benefits, JPMorgan Chase, Male, Music, Citigroup, CBS, Management

In honor of Women’s History Month, Dynasty Financial Partners is proud to unveil The Dynasty Women’s Network (“DWN”) Trailblazer Series, celebrating the women of Dynasty and its Network of firms.

Key Points: 
  • In honor of Women’s History Month, Dynasty Financial Partners is proud to unveil The Dynasty Women’s Network (“DWN”) Trailblazer Series, celebrating the women of Dynasty and its Network of firms.
  • Angela Gingras, Chief Operating Officer of Dynasty Financial Partners, has spent her career in financial services, 22 years of which she spent at Raymond James before joining Dynasty.
  • Samantha Sullivan, Director of Operations at Dynasty Financial Partners, began her career working with teams of wealth management advisors in Florida, Georgia, and New York before joining Dynasty to manage the Dynasty Turnkey Asset Management Program.
  • Throughout his career, Dynasty Founder and CEO Shirl Penney has been a fierce advocate for women within the male-dominated wealth management industry.

Matt Cohan Joins Alliant Insurance Services’ Employee Benefits Group in Kansas City

Retrieved on: 
Thursday, February 22, 2024
Consulting, Professional Services, Insurance, Knowledge, Alliant, University, Cohan, Government, Organization, Employee benefits

Matt Cohan has joined Alliant Insurance Services as Vice President within its Employee Benefits Group .

Key Points: 
  • Matt Cohan has joined Alliant Insurance Services as Vice President within its Employee Benefits Group .
  • Cohan joins Alliant with more than 20 years of industry experience and an extensive knowledge of employee health and welfare benefits.
  • “Matt has extensive experience designing and delivering innovative benefits solutions that add significant value and strength to his clients’ organizations,” said Kevin Overbey, President, Alliant Employee Benefits.
  • “His broad industry reach and service-driven approach consistently yields quantifiable, long-term results.”
    Prior to joining Alliant, Cohan was Vice President and Director of Employee Benefits with an integrated financial services company where he led the benefits practice for its Kansas City office.

HUB INTERNATIONAL NAMES ANTHONY SCOTT AS EMPLOYEE BENEFITS NATIONAL MAJOR MARKET PRACTICE LEADER

Retrieved on: 
Tuesday, February 27, 2024
Health, Growth, Organization, HR, Workforce, HUB, Education, Employee benefits, Management

CHICAGO, Feb. 27, 2024 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today it has named Anthony Scott as Employee Benefits National Major Market Practice Leader.

Key Points: 
  • CHICAGO, Feb. 27, 2024 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today it has named Anthony Scott as Employee Benefits National Major Market Practice Leader.
  • As HUB's Employee Benefits National Major Market Practice Leader, Scott will drive the growth of the practice and its overall strategy, helping major market clients implement innovative solutions that address their unique total rewards needs.
  • HUB's Employee Benefits National Major Market Practice helps large clients – more than 500 employees – with tailored guidance to address their total rewards and employee benefits needs, including cost management, personalized benefits, using data analytics to optimize total rewards, creating quality employee experiences and providing scalable solutions.
  • Previously, Scott led HUB's Employee Benefits Major Market segment focusing on large complex organizations.

Kollevoll & Associates Announces Partnership with ECBM

Retrieved on: 
Wednesday, February 21, 2024
Partnership, Associate, Trust, Consultant, Family, Insurance, Employee benefits

MEDIA, Pa., Feb. 21, 2024 /PRNewswire/ -- Kollevoll & Associates, LLC, an insurance broker specializing in Commercial Insurance, Personal Insurance, and Employee Benefits, is excited to announce a new partnership with ECBM Insurance Brokers & Consultants.

Key Points: 
  • MEDIA, Pa., Feb. 21, 2024 /PRNewswire/ -- Kollevoll & Associates, LLC, an insurance broker specializing in Commercial Insurance, Personal Insurance, and Employee Benefits, is excited to announce a new partnership with ECBM Insurance Brokers & Consultants.
  • Founded in 2009, Kollevoll & Associates is an independent broker in Pennington, NJ that serves clients in New Jersey, Pennsylvania and Connecticut.
  • This partnership will provide greater market access, additional resources, and expanded service to Kollevoll clients.
  • "We're excited to welcome Kollevoll & Associates to the ECBM family!"

Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 14, 2024
Cloud, Rationalization, Share repurchase, Partnership, Transit, Culture, Growth, Transport, Adjustment, Government, Diversity, Introduction, TCV, Employee benefits, BPS, ISG, Conduent, Virgin Atlantic

FLORHAM PARK, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a global technology-led business process solutions company, today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Full year 2023 pre-tax income (loss) was $(332)M versus $(127)M in the prior year.
  • Full year 2023 Adjusted EBITDA of $378M and Adjusted EBITDA Margin of 10.2% exceeded expectations.
  • Revenue and Adjusted Revenue for the full year 2023 also exceeded expectations, however, lower than the prior year.
  • In the fourth quarter, we repurchased approximately 6.6 million shares of common stock in connection with our ongoing share repurchase program, totaling approximately 8.8 million shares repurchased for the full year 2023.