Employee benefits

Leading Private Equity Executive Compensation Partner Joins McDermott in New York

Retrieved on: 
Friday, September 15, 2023
Employee benefits, McDermott Will & Emery, Staples Inc., Intelsat, Sycamore Partners, McDermott, International law, Kate, Acquisition, Lawyer, Chapter 11, Title 11, United States Code, Financial adviser, Financial services

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes Kate Vera as a partner in New York.

Key Points: 
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes Kate Vera as a partner in New York.
  • Joining the Firm from Kirkland & Ellis where she was a share partner, Kate is a leading executive compensation lawyer who represents some of the world's most prestigious private equity firms and their portfolio companies.
  • She will head McDermott's employee benefits and executive compensation practice in New York.
  • "I am thrilled to have the opportunity to join forces with this team of superb lawyers, and I look forward to further expanding the private equity and executive compensation practices."

Lively Debuts Four New Lifestyle Spending Accounts (LSAs) to Empower Employers to Meet Real Employee Needs

Retrieved on: 
Wednesday, September 13, 2023
Technology, Insurance, Human Resources, Professional Services, Health Insurance, Software, Internet, Health, General Health, Travel, Food, Culture, Health savings account, Multimedia, British Insurance Services, LSA, Computer, Organization, Retirement, Partner, Love, Fertility, HR, Employee benefits, Sport, All the People: Blur Live at Hyde Park, Transport, Fear of negative evaluation, HSA, Sales, Health insurance, Self storage, Lively

This expansion empowers organizations to meet their employees' ever-evolving needs by offering easily customizable spending accounts.

Key Points: 
  • This expansion empowers organizations to meet their employees' ever-evolving needs by offering easily customizable spending accounts.
  • As a forward-thinking innovator in the benefits industry, Lively’s new group of LSAs furthers the company’s commitment to delivering benefit solutions that employers and employees love.
  • LSAs enable employers to provide a benefit that supports the whole employee beyond health alone.
  • With Lively LSAs, employers can flexibly meet real employee needs, enhance their workplace culture, and attract and retain employees.

BOXX Insurance expands its cyber "Digital Wellness Employee Benefit" to USA

Retrieved on: 
Thursday, September 7, 2023
Employee benefits, Cyberbullying, Insurance, Identity theft, SME, Partnership, Education, Safety, Risk management

MIAMI, Sept. 7, 2023 /PRNewswire/ - Award-winning global Insurtech BOXX Insurance that combines cyber insurance and security has claimed another first with the launch of its Employee Benefits product "BOXX Digital Wellness".

Key Points: 
  • MIAMI, Sept. 7, 2023 /PRNewswire/ - Award-winning global Insurtech BOXX Insurance that combines cyber insurance and security has claimed another first with the launch of its Employee Benefits product "BOXX Digital Wellness".
  • In addition, BOXX also announced another upcoming first with a world-leading employee benefits provider providing an all-in-one cyber solution which includes education, cyber prevention tools and cyber coverage paths for commercial and employee customers – powered by a new partnership between BOXX-One Brightly Cyber.
  • "US Employers are seeking innovative, fit-for-price employee benefits that reflect the hybrid working environments many of us are adjusting to and ensuring their staff's well-being is protected online," said BOXX USA President, Hilario Itriago.
  • BOXX is the first insurer to package proactive credit and identity monitoring services with full-spectrum cyber insurance at an incredibly competitive price."

HUB INTERNATIONAL NAMES ROBERT HARTMAN EXECUTIVE VICE PRESIDENT, STRATEGIC CLIENT SERVICE OPERATIONS

Retrieved on: 
Tuesday, September 5, 2023
Insurance, United, Partnership, Naval flight officer, HUB, Mathematics, SOCOM U.S. Navy SEALs: Confrontation, MBA, McKinsey & Company, Acquisition, Partner, Wealth, Employee benefits, Harvard Business School, Growth, Retirement, Airline, Retail, Management

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today Robert Hartman has joined a newly created position as Executive Vice President of Strategic Client Service Operations and the firm's Executive Management Team to focus on elevating HUB's client experience.

Key Points: 
  • CHICAGO, Sept. 5, 2023 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today Robert Hartman has joined a newly created position as Executive Vice President of Strategic Client Service Operations and the firm's Executive Management Team to focus on elevating HUB's client experience.
  • "HUB has experienced fivefold growth over the last 10 years , driven by both organic growth and broadened client relationships as well as our active M&A strategy," said Marc Cohen, President and CEO of HUB.
  • To help maintain and accelerate that momentum, Hartman will be responsible for elevating client service processes that create a seamless client experience and strengthens their relationships with HUB.
  • "HUB has experienced tremendous growth and it's the right time to elevate the customer experience to reflect the best-in-class expertise we deliver," said Hartman.

Verlingue Boosts Employee Benefits Division and Extends UK Footprint With Brunsdon Employee Benefits Acquisition

Retrieved on: 
Monday, September 4, 2023
Other Professional Services, Professional Services, Insurance, Finance, Employee benefits, SME, Employment, Partnership, Acquisition, Management

Verlingue has announced the acquisition of Gloucester-based Brunsdon Employee Benefits, an independently owned Employee Benefits specialist.

Key Points: 
  • Verlingue has announced the acquisition of Gloucester-based Brunsdon Employee Benefits, an independently owned Employee Benefits specialist.
  • The deal supports Verlingue’s recent expansion in the Midlands and Southwest and significantly boosts its employee benefits capabilities in the SME and mid-corporate market.
  • Brunsdon Employee Benefits provides schemes and advice to a broad portfolio of clients in the Southwest and across the UK.
  • The whole of the Brunsdon Employee Benefits team will join Verlingue as part of the deal and current Managing Director, Sebastian Merritt, will take on the role of Head of Employee Benefits reporting into CEO Mike Latham.

OneAmerica® Employee Benefits Announces New EOI Program

Retrieved on: 
Wednesday, August 16, 2023
Employee benefits, AUL, EOI, OneAmerica Financial Partners, Life, Smartphone, Health insurance, Online shopping

INDIANAPOLIS, Aug. 16, 2023 /PRNewswire/ -- As OneAmerica continues to evolve its digital experience, the Employee Benefits line of business is announcing a brand-new Evidence of Insurability experience. This new experience is 100% digital and streamlined, eliminating burdensome paperwork for both employees and employers.

Key Points: 
  • INDIANAPOLIS, Aug. 16, 2023 /PRNewswire/ -- As OneAmerica continues to evolve its digital experience, the Employee Benefits line of business is announcing a brand-new Evidence of Insurability experience.
  • EOI is an important matter for employees who need extra coverage but the paperwork and wait time for approval can be overwhelming.
  • The OneAmerica Employee Benefits team has simplified the process, creating a new system that makes the process quick and digital.
  • "This really is a win-win-win for everyone involved in the EOI process and we're proud to be able to offer this enhanced service."

Hyde Ibiza Now Open for Limited Summer Preview Season with Special Offer

Retrieved on: 
Tuesday, August 15, 2023
Heart, Music, Snack, DJ, Friends, All Access, Employee benefits, Headliner, Creativity, Collection, White Island, Relaxation, Cuyo, Environment, Sun and Moon, VIP, Hotel, Nightclub, Fast food, Piet Mondrian

IBIZA, Spain, Aug. 15, 2023 /PRNewswire/ -- Hyde Ibiza, the first European hotel from the bohemian lifestyle brand, is now open for a special 8-week preview season ahead of the hotel's official opening in spring 2024.

Key Points: 
  • The bohemian hotel is now open for a limited 8-week preview season, to be followed by an official opening for Spring 2024
    IBIZA, Spain, Aug. 15, 2023 /PRNewswire/ -- Hyde Ibiza, the first European hotel from the bohemian lifestyle brand, is now open for a special 8-week preview season ahead of the hotel's official opening in spring 2024.
  • Hyde offers guests a new way to indulge that redefines the concept of hospitality, reflecting the energy and vitality of the island.
  • The hotel will have two twelve-story buildings with a total of 401 rooms by the 2024 season.
  • Along with Hyde Ibiza, Mondrian Ibiza is also now open for a preview season.

Nuveen Lifecycle Income Series for Defined Contribution Plans Provides Income for Life

Retrieved on: 
Tuesday, August 8, 2023
Business development, Life, Friends, CIT, TDF, DC, CITS-DT, Consultant, United States Department of Labor, Nuveen, Employee Benefit Research Institute, TIAA, Retirement, Investment, Growth, Employee benefits, Life insurance, Financial adviser

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Nuveen, the investment manager of TIAA, introduced the Nuveen Lifecycle Income Series, a target date solution for defined contribution plans that offers plan participants guaranteed savings growth during their working years and the ability to set aside a portion of savings for guaranteed monthly payments that last for life in retirement.

Key Points: 
  • An extension of the Nuveen Lifecycle target date fund platform, the new series – structured as collective investment trusts available only to qualified retirement plans – embed the TIAA Secure Income Account (SIA), a deferred fixed annuity within a familiar target date fund (TDF) series.
  • The series include three TDF strategies: Nuveen Lifecycle Income Index (all passive investments), Nuveen Lifecycle Income Blend (a blend of active and passive investments) and Nuveen Lifecycle Income Active (all active investments).
  • "The Nuveen Lifecycle Income Series with TIAA's solution inside address one of today's most critical retirement planning challenges: the increasing need for guaranteed, predictable lifetime income, especially as more Americans approach retirement and are living longer."
  • In recent decades, lifetime income has largely disappeared from corporate retirement plans, as private sector employers have shifted away from providing traditional defined benefit pension plans in favor of defined contribution plans such as the 401(k).

Empowerly Joins Sequoia Marketplace to Offer College and Career Counseling as an Employee Benefit for Parents

Retrieved on: 
Wednesday, August 2, 2023
Parent, Employee benefits, Workforce, Database, Finance, Work, Sequoia, SAN, Senior counsel, Tutoring

SAN FRANCISCO, Aug. 2, 2023 /PRNewswire-PRWeb/ -- Empowerly, a data-driven education technology company that provides personalized college and career guidance, today joined the Sequoia marketplace, a database of diverse benefits for employees to seamlessly opt-in to their best-fit needs. Sequoia clients can now easily access information about Empowerly's college and career counseling benefits for parents.

Key Points: 
  • Sequoia clients can now easily access information about Empowerly's college and career counseling benefits for parents.
  • "In joining the Sequoia marketplace, Empowerly's personalized college and career counseling services will serve as a valuable solution that alleviates the burden on working parents, enhances employee satisfaction, and transforms the way employers support their workforce."
  • "By offering college and career counseling as an employee benefit, Empowerly provides working parents with a valuable resource to navigate the complexities of the college admissions process and make informed financial decisions," said Kevin Takinen, adviser, 401(k) and Financial Wellbeing at Sequoia.
  • "Sequoia clients can now easily learn more about Empowerly by visiting the Sequoia marketplace."

The Standard Promotes Angie Cuthill to Second Vice President of Individual Annuities Operations

Retrieved on: 
Monday, July 31, 2023
Professional Services, Insurance, Finance, Employee benefits, Le Cordon Bleu College of Culinary Arts in Portland, Bowling Green State University, Cuthill, Eye, Multimedia, Standard Insurance Company, The Standard, Standard, Management

Standard Insurance Company (The Standard) announced today that Angie Cuthill has been promoted to second vice president of Individual Annuities Operations.

Key Points: 
  • Standard Insurance Company (The Standard) announced today that Angie Cuthill has been promoted to second vice president of Individual Annuities Operations.
  • View the full release here: https://www.businesswire.com/news/home/20230731548683/en/
    Angie Cuthill, second vice president of Individual Annuities Operations at The Standard.
  • In her most recent role as senior director of Individual Annuities, Cuthill established a foundational operations system, built effective partnerships with vendors and strengthened a high-performing team.
  • “Angie is a strong strategic leader who knows how to help develop her team for success,” said Alan Assner, assistant vice president of Individual Annuities.