San Diego, Calif., Kansas City, MO, November 5, 2012 -- BeneTrac, a Paychex company and provider of powerful, web-based electronic enrollment and employee benefits administration software, and Assurant Employee Benefits, a leading provider of employee benefits and services, are partnering to help brokers and human resources clients streamline online enrollment and benefits administration.
BeneTrac’s robust benefits management platform offers real-time access to information, online enrollment tools, presentation of consolidated bills, payroll/carrier integration, and automated eligibility tracking. When offering new lines of coverage through Assurant Employee Benefits (such as disability, dental, voluntary insurance and other products) with BeneTrac, brokers and employers can obtain potential cost savings both through lower costs of using BeneTrac’s platform, resulting from the partnership, and greater efficiencies obtained in managing benefits with the software.
“Assurant Employee Benefits is excited to give brokers and human resources managers the ability to better manage their benefit plans,” said Kevin Murphy, vice president of channel development at Assurant Employee Benefits. “By working closely with BeneTrac, we developed a unique, value-based solution for brokers and their groups that can be implemented smoothly and with confidence.”
“With the emergence of healthcare exchanges and increased regulatory requirements, corporations and employees need reliable real-time access to comprehensive benefits information,” said Summer Hamilton, vice president of sales for BeneTrac. “At BeneTrac, we give mid-sized organizations an affordable, fully integrated solution to ensure accuracy and enrollment, keep track of declines in coverage, and ensure compliance. Our partnership with Assurant Employee Benefits is a natural extension for BeneTrac and is consistent with our model of working closely with brokers to expand service by leveraging technology.”
For more information on the integration and using BeneTrac to manage benefits, please contact 619.788.5800 or salessupport@BeneTrac.com.
About BeneTrac
BeneTrac, a Paychex company, is a provider of powerful, web-based electronic enrollment and employee benefits administration software. The company’s online benefits management technology enables employers and human resources professionals to eliminate paperwork and automate management of their complete benefits packages through a single, customized portal. BeneTrac’s one-stop-shop platform for automatically adding, updating and managing information, and exchanging data with providers, capitalizes on relationships with more than 500 carriers and data partners. The technology offers a robust, affordable, user-friendly system that simplifies benefits administration. A pioneer in online benefits management, BeneTrac was founded in 1999. It was acquired in September 2007 by Paychex, Inc., a recognized leader in the payroll and human resource services industry. Its customers range in size from 50 to 12,500 employees.
For more information, please visit www.benetrac.com.
About Assurant Employee Benefits
Assurant Employee Benefits specializes in quality employee benefits and services, including long-term and short-term disability, life insurance, voluntary benefits such as cancer, critical illness and accident, dental and vision coverage, and disability reinsurance management services. Assurant Employee Benefits is the brand name for insurance products underwritten by Union Security Insurance Company and for prepaid dental products provided by an affiliated prepaid dental company. In New York, insurance products are underwritten and prepaid products are provided by Union Security Life Insurance Company of New York, which is licensed in New York and has its principal place of business in Syracuse, New York. Plans contain limitations, exclusions and restrictions. www.assurantemployeebenefits.com.
Assurant Employee Benefits is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. www.assurant.com.
# # #