Jackie Reinberg Joins Alliant Insurance Services’ Absence, Disability, and Life Team

Alliant Insurance Services continues to add top talent to its growing Absence, Disability, and Life (ADL) team, hiring Jackie Reinberg as Senior Vice President. The Wayne, Pennsylvania-based benefits consultant will design and deploy tailored solutions that enhance productivity and improve business outcomes for clients across the U.S., further expanding Alliant’s presence in the ADL market.… Continue reading Jackie Reinberg Joins Alliant Insurance Services’ Absence, Disability, and Life Team

New Research from the Hartford Finds U.S. Workers Are Delaying Routine Health Care

Checking temperature before work

New research from The Hartford, a leading provider of group disability insurance and absence management, found that 43% of U.S. workers have delayed routine health care appointments since the COVID-19 pandemic began. The delay in care comes as many also report declines in their mental health (42%), social well-being (41%), financial security (32%) and physical… Continue reading New Research from the Hartford Finds U.S. Workers Are Delaying Routine Health Care

Breeze Breathes Fresh Air into Disability Market, Raises $10M

Working in the world of disability insurance for a decade, Colin Nabity felt not everyone could access this type of insurance due to its nature of it being difficult to understand and underwrite. Disability and critical illness insurance is typically income protection should someone be too sick or hurt to work. An average of 5.6%… Continue reading Breeze Breathes Fresh Air into Disability Market, Raises $10M

Majority of Employers Recognize Employee Mental Health As a Significant Workplace Issue

mental health care and out of pocket expenses

New research from The Hartford, a leading provider of workers’ compensation and disability insurance, found 70% of employers now recognize employee mental health is a significant workplace issue, and 72% said stigma associated with mental illness prevents U.S. workers from seeking help. Also, 52% of employers said they are experiencing significant or severe workplace issues… Continue reading Majority of Employers Recognize Employee Mental Health As a Significant Workplace Issue

How COVID-19 Accelerated a Digital Revolution in Benefits Insurance

close up millennial man holding smartphone and turn on application for using home automation function to looking inside or outside home and property , ai innovation future technology concept

For those of us in the insurance and protection industry, 2020 was a test of our noble purpose – to help people through the unexpected moments. Risk analysis, crisis planning, and helping people when they need it most are at the core of our business, and COVID-19 presented both a huge challenge and opportunity to… Continue reading How COVID-19 Accelerated a Digital Revolution in Benefits Insurance

Aflac Signs Agreement to Acquire Zurich’s Group Benefits Business

AIG and Stone Point Capital

Aflac Incorporated announced today that its insurance subsidiaries American Family Life Assurance Company of Columbus (Aflac of Columbus) and American Family Life Assurance Company of New York (Aflac of New York) have entered into a definitive agreement to acquire Zurich North America’s U.S. Corporate Life and Pensions (Group Benefits) business, which consists of group life,… Continue reading Aflac Signs Agreement to Acquire Zurich’s Group Benefits Business

Gig Workers Face the Spread of the New Coronavirus with No Safety Net

Uber, Lyft agree to wage boost

Some workers here who provide on-demand rides and delivery services, but are independent contractors without many protections, are bracing for the spread of the novel coronavirus. Drivers have been scrubbing down their cars “inch by inch” between rides at local airport parking lots, according to Edan Alva, who drives full-time for Lyft in the Bay… Continue reading Gig Workers Face the Spread of the New Coronavirus with No Safety Net

New York Life in Talks to Buy Cigna Unit for Up to $6 Billion

New York Life Insurance Co. is negotiating with Cigna Corp. to acquire a unit that sells nonmedical insurance products to employers, a deal that could be valued at as much as $6 billion, according to people familiar with the matter. Cigna in recent months has been seeking a buyer for a business that sells life,… Continue reading New York Life in Talks to Buy Cigna Unit for Up to $6 Billion

Cigna Seeks Sale of Group Benefits Insurance Business: Sources

Cigna sells Medicare business

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday. The unit for sale offers disability insurance as well as life and accidental death and dismemberment coverage to clusters of company… Continue reading Cigna Seeks Sale of Group Benefits Insurance Business: Sources

Individual Disability Market Growth Continues But At Slower Rate: Gen Re

The U.S individual disability insurance market continued to grow in terms of new sales in 2018, although at a slower rate than in 2017, according to a report from Gen Re, the global reinsurance subsidiary of Berkshire Hathaway. Analysts reported that overall new individual disability sales were up 2.8% to $413 million in 2018, boosted… Continue reading Individual Disability Market Growth Continues But At Slower Rate: Gen Re