Sun Life Financial's US business group has signed an agreement with benefitsCONNECT to help expand its online enrollment capacity in group and voluntary benefits programs.
As part of the agreement, the brokers and HR executives who offer Sun Life's group and voluntary products will manage their benefits programs on an online benefits enrolment and administration system.
The platforms features fully automated EDI connectivity among employer groups, insurance carriers, TPAs, payroll vendors and brokers, and can be accessed by brokers and employers with Sun Life products at a negotiated per-employee fee.
Sun Life Financial Voluntary Benefits assistant vice president Geoff Walton said the agreement demonstrates the company's commitment to deliver solutions to the customers to help simplify administration of benefits across the market segments it supports.
benefitsCONNECT founder and CEO Troy Underwood said the partnership will help the company to widely distribute the time and cost-saving advantages of online benefits management to the brokers and employers.
Sun Life Financial is a provider of protection and wealth accumulation products and services to individuals and corporate customers and operates in key markets worldwide, including Canada, US, UK, Ireland, Hong Kong, Philippines, Japan, Indonesia, India, China, and Bermuda.