Aon has partnered with six Canadian insurance providers to offer traditional and flexible benefits through its Aon Choice platform.
The new partnership includes Sun Life Financial Inc., Manulife Financial Corp., Great-West Life Assurance Co., Desjardins Insurance, SSQ Life Insurance Co. and Green Shield Canada. The companies comprise 82 per cent of the Canadian group benefits market.
The platform is a total rewards system that aims to help employers offer benefits programs traditionally only available to very large companies.
“We’ve seen incredible changes in the workplace over the past few years and one of the biggest is that workplaces today are more diverse than ever,” said Greg Durant, health and benefits leader in Canada for Aon, in a press release.
“From a benefits perspective, that has made it difficult for plan sponsors to meet each of their employee’s unique health-care and financial needs. Aon Choice was specifically developed to address that challenge, creating a single, easy-to-use benefits solution that maximizes choice and flexibility for employees while helping to manage costs and reduce administrative burden for employers.”
The platform provides a number of functions to employees, including the ability to enrol, view coverage and plan details, see total rewards statements, add dependants, submit claims and view claims history, view their retirement savings plan balances and access voluntary benefits coverage.