Names national employee benefits leadership team to accelerate strategy
"We've had unbelievable momentum since we launched our employee benefits initiative in 2018 to establish a comprehensive Canadian solution to serve our more than 130,000 Property & Casualty customers," said
HUB's Canadian employee benefits leadership team includes:
"Focusing on these strategic benefit services will enable us to build on our strengths to increase the quality and value of benefits we provide clients in order for them to achieve their recruiting, retention and cost management goals," said
The six service areas include:
Pharmacy: With the open-ended cost for pharmacy drugs unsustainable, HUB looks to assist clients with support and resources, including research and insights on drug efficacy; access to complex drugs; and DrugHUB, a knowledge database, that will provide them with a better understanding of drug information to make confident and informed decisions in this key benefit area.
Retirement: Half of Canadians think the future of retirement is looking pretty bleak, and 38% don't have any sort of retirement plan. To support Canadians in increasing retirement preparedness, HUB continues to build its Canadian Retirement Practice to help executives, employees, individuals and their families with support and resources, including proprietary tools for plan sponsors to offer their members.
Communications: When it comes to benefits offerings, it has become increasingly important to provide regular communications to help employees better understand their choices, guide them to make more informed decisions and truly appreciate the value of the benefits provided to them. HUB will provide a Canadian Communication & Design service offering to deliver best-in-class communication tools to clients in all market segments.
Digital: To reduce administration duties and to solve major inefficiencies dealing with multiple systems for plan sponsors, HUB is creating a digital benefits platform that delivers proprietary administration solutions. Additionally, the platform will be an online digital marketplace and data repository offering small groups an easy way to purchase coverage and individual voluntary/P&C products online.
Cross Border: With the growing need from Canadian businesses for cross-border expertise, HUB is leveraging its geographic footprint to provide easy access to support and an efficient path to complete coverage solutions that many
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