New York Life Group Benefit Solutions launches employer-specific leave planning tool - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
October 2, 2025 Newswires
Share
Share
Tweet
Email

New York Life Group Benefit Solutions launches employer-specific leave planning tool

Business Wire

myLeaveGuide ProSM delivers customizable leave planning experiences for employer programs and employee needs

NEW YORK--(BUSINESS WIRE)--
New York Life Group Benefit Solutions (NYL GBS) today announced the launch of myLeaveGuide ProSM, an enhanced version of its original leave planning tool launched in 2024. As an early innovator, NYL GBS partnered with Penguin Benefits, leveraging their cutting-edge leave planning technology and expertise to launch myLeaveGuideSM, the industry’s first digital tool available free to employees to help them navigate state and federal parental leave benefits. With myLeaveGuide ProSM, that foundation now expands to include medical and family caregiving leave — making it one of the most comprehensive solutions of its kind.

This innovative advancement gives employers a customizable solution that integrates their company’s specific disability and leave programs alongside state and federal requirements, providing employees with a clear, personalized roadmap for planning their leave and simplifying every step of the process.

Key features of myLeaveGuide ProSM include:

  • Enhanced employee experience through tailored benefit estimates and task lists with deadlines and filing instructions, making parental, medical, and family caregiving leave planning straightforward and actionable.

  • Reduced HR workload by giving employees relevant, customized information up front, enabling HR teams to spend less time clarifying eligibility rules or resolving confusion about overlapping benefits.

  • Improved compliance through a rules-driven design that incorporates the latest federal and state mandates, minimizing errors and lowering the risk of missed steps for both employees and employers.

“Since its launch in April 2024, myLeaveGuideSM has simplified the parental leave planning process for more than 20,000 individuals,” said Kristina Welke, Vice President, Strategy, Solutions, and Marketing at New York Life Group Benefit Solutions. “With myLeaveGuide ProSM, we’re going further — building on input from both employers and employees to deliver customized plans that reflect each organization’s benefits, giving employees a more accurate view of their upcoming leave while providing peace of mind in the moments that matter.”

Penguin Benefits, the technology partner that powers the tool, collaborated with NYL GBS to create an experience that clarifies relevant information that's important to today's workforces, while not minimizing the complexity of leave policies.

“We’re thrilled to have taken the next step in our partnership with New York Life to launch myLeaveGuide ProSM,” said Chengchen Li, founder of Penguin Benefits. “This is a powerful example of what can happen when technology, user-focused expertise, and a commitment to employee well-being come together.”

Beginning in March 2026, myLeaveGuide ProSM will be offered to new clients and to existing clients upon renewal of their leave services. The original myLeaveGuideSM will also expand to support medical and family caregiving leave.

To learn how the tool supports personalized leave planning across all 50 states and Washington, D.C., visit the myLeaveGuide ProSM page, here.

ABOUT NEW YORK LIFE GROUP BENEFIT SOLUTIONS

New York Life Group Benefit Solutions (www.newyorklife.com/group-benefit-solutions) is a division of New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, the largest mutual life insurance company in the United States1 and one of the largest life insurers in the world. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments, and long-term care insurance. New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies.2 New York Life Group Benefit Solutions leverages New York Life's extensive resources and industry-leading expertise to provide a tailored, supportive, and connected benefits experience. New York Life Group Benefit Solutions provides a range of insurance products and services tailored to meet the needs of businesses and their employees, including several leave management products under the New York Life Absence AssistSM product suite, Life and AD&D Insurance, and Voluntary Benefits.

New York Life Group Benefit Solutions products and services are provided by Life Insurance Company of North America, New York Life Group Insurance Company of NY, and New York Life Insurance and Annuity Corporation, subsidiaries of New York Life Insurance Company. Life Insurance Company of North America is not authorized in NY and does not conduct business in NY. Product availability may vary by state and is subject to change. Voluntary Benefits products are not available in New York.

ABOUT PENGUIN BENEFITS

Penguin Benefits is a leader in developing innovative SaaS solutions designed to demystify employee leave benefits. Leveraging advanced algorithms, Penguin offers a patent-pending tool that provides a comprehensive view of employee leave benefits, offering valuable support for all teams involved in the leave administration process. For more information, visit www.penguin-benefits.com.

Penguin Benefits and issuers of New York Life Group Benefit Solutions are independent companies and each entity is responsible for the products and services that it provides.

1 Based on revenue as reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)," Fortune magazine, 6/2/2025. For methodology, see https://fortune.com/company/new-york-life-insurance/

2 Individual independent rating agency commentary as of 9/30/2025: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aa1), Standard & Poor’s (AA+).

View source version on businesswire.com: https://www.businesswire.com/news/home/20251002791179/en/

Media Contact:

Domenic Cuzzolina
New York Life Insurance Company

(212) 576-5950

[email protected]

Source: New York Life Group Benefit Solutions

Older

Majesco Brings AI Leadership to ITC: Challenging Insurers to Dare to Imagine an AI-Powered Future with Intelligent Solutions

Newer

AM Best Comments on Credit Ratings of DB Insurance Co., Ltd. Following Announced Acquisition of The Fortegra Group Inc

Advisor News

  • Are the holidays a good time to have a long-term care conversation?
  • Gen X unsure whether they can catch up with retirement saving
  • Bill that could expand access to annuities headed to the House
  • Private equity, crypto and the risks retirees can’t ignore
  • Will Trump accounts lead to a financial boon? Experts differ on impact
More Advisor News

Annuity News

  • Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC
  • Removing barriers to annuity adoption in 2026
  • An Application for the Trademark “EMPOWER INVESTMENTS” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Bill that could expand access to annuities headed to the House
  • LTC annuities and minimizing opportunity cost
More Annuity News

Health/Employee Benefits News

  • Trademark Application for “UHC” Filed by Unitedhealth Group Incorporated: UnitedHealth Group Incorporated
  • Dental insurer to close Worcester office, lay off staff of 50
  • 420 with CNW — Proposal Seeks to Cover Some Hemp Products Under Medicare Plans
  • Health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years
  • AMIDST REPUBLICAN INACTION, REED RALLIES SUPPORT FOR VOTE TO EXTEND KEY ACA TAX CREDITS FOR 3 YEARS
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • On the Move: Dec. 4, 2025
  • Judge approves PHL Variable plan; could reduce benefits by up to $4.1B
  • Seritage Growth Properties Makes $20 Million Loan Prepayment
  • AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
  • AM Best Affirms Credit Ratings of Bao Minh Insurance Corporation
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • ePIC University: Empowering Advisors to Integrate Estate Planning Into Their Practice With Confidence
  • Altara Wealth Launches as $1B+ Independent Advisory Enterprise
  • A Heartfelt Letter to the Independent Advisor Community
  • 3 Mark Financial Celebrates 40 Years of Partnerships and Purpose
  • Hexure Launches AI Enabled Version of Its Platform to Power Life Insurance Sales
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet