Towers Watson acquired Liazon Corporation, a leader in developing and delivering private benefit exchanges for active employees, last week. Representatives of the consultancy believe that this acquisition, which follows the purchase of Extend Health in June 2012, has solidified their position as the leading player in the private exchange market through its OneExchange solution.
“We want to be the leading player in private exchanges, says Bryce Williams, managing director of exchange solutions at Towers Watson. A year and a half ago, they bought the leading retiree exchange in ExtendHealth. Today, theyre buying the leading active exchange technology company, Liazon,” adds Williams, also the CEO of Extend Health.
