National Disability Insurer Selects RELATED to Administer its Statutory Benefits Business

August 27, 2020

The Challenge

The speed of new legislation, employers’ obligations to comply, and the need to bring new products to market timely outpaces even the most established insurers’ ability to meet the ever-changing policyholder needs.

The Solution

That’s why a prominent national insurance company renowned for its long-standing excellence in providing disability products and services made the strategic decision to completely outsource the administration of all statutory benefits programs to RELATED.

The Results

By leveraging RELATED’s demonstrated expertise in statutory benefits, the insurer was able to beat competitors to the market with a more compelling offering allowing them to increase the share of customers with existing policyholders as well as attract new customers. This decision resulted in higher quality programming and lower cost for insurers.