Conduent Inc. has completed the sale of its human resources consulting business to a fund managed by private equity investment firm H.I.G. Capital. The business, which was formerly known as Buck Consultants, has relaunched under that name. It will offer global integrated HR consulting, benefits administration and technology services. The deal, as reported in May 2018, included the […]
The Caisse de dépôt et placement du Québec has appointed Alexandre Synnett as its new executive vice-president of digital technology and operations. With eight years of experience at the pension fund, Synnett was previously senior vice-president of operations; vice-president of operations for private equity, infrastructure and data management; vice-president of data management; and associate vice-president of the […]
Digital human resources company Rise People Inc. is partnering with Cowan Insurance Group to launch an integrated product that includes human resources, payroll and insurance services. In December 2017, Rise People launched a national sponsorship program aimed at combining its technological expertise with advice from consultants, such as Surrey, B.C.-based Davis Benefits and Pensions Ltd. and […]
How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My boss is 89” • “Remember when we went to the doctor’s office?” • “On-the-job diagnosis” • “Machines don’t need benefits” • “Artificial benefits” • “Shareholders elect first AI CEO (actuary’s […]
Novus Health is partnering with iA Financial Group to provide employers with health and wellness tools for their plan members. “For many Canadians, health literacy remains a challenge: it can be overwhelming to navigate Canada’s complex health-care systems and understand their options,” said Novus Health in a press release. “What’s more, when searching online for answers to […]
The iA Financial Group is integrating its group savings and retirement plans into its mobile app. The added functionality aims to allow plan members to track their retirement savings and investment returns, including their progress on the path to retirement and whether or not their investment portfolio is still a good fit. Read: iA Financial rolls out new […]
Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on Apple’s App Store and the Google Play Store in Canada, generates a unique code for each organization that’s then passed along to employees. Members then create an account and customize […]
The Canadian Group Insurance Brokers is partnering with Vancouver-based ConnectsUs HR to provide its members with online human resources programs for its members’ clients. Members of the broker-focused group benefits association can choose from two different programs to help clients manage human resources and legal issues. “What we offer through CGIB membership is two programs called Love your Clients or […]
Luge Capital, a venture capital fund backed by the Caisse de dépôt et placement du Québec, has completed a round of financing worth $75 million in order to begin its operations. The fund, which focuses on early-stage financial technology companies and artificial intelligence solutions applied to the financial services sector, first announced last fall that it had […]
Green Shield Canada and Morneau Shepell Inc. are both making web-based cognitive behavioural therapy available to plan sponsors and members. Green Shield Canada’s service, provided by MindBeacon Software Inc., will be available Aug. 1. It allows plan members aged 16 and over with a mental illness unlimited access to an online therapist for up to 12 weeks […]