Blackstone invests in Ginger mental health app at $1 billion value
Demand for resources provided by Ginger, which connects users to behavioral health experts and services such as coaching via a mobile app, is surging in the COVID-19 pandemic.
Industry News
PRO Unlimited M&A heats up with second buy in a month
The company’s latest purchase is meant to help employer clients win the war for talent.
Workday to acquire Peakon as remote work demands greater connectivity
A toxic workplace culture has become an epidemic within the pandemic.
PRO Unlimited acquires compensation data company PeopleTicker
“This acquisition strengthens our comprehensive data, software and services platform while delivering the innovation that the industry has been waiting for,” Kevin Akeroyd, CEO of PRO Unlimited, said.
UnitedHealth to purchase Change Healthcare for $8 billion
The acquisition is one of UnitedHealth’s largest and is another step in expanding the company’s health services business under its Optum division. The companies said the combination would help simplify services around medical care to improve health outcomes and lower costs.
Salesforce to buy software maker Slack for $27.7 billion
The Slack deal would give Salesforce, the leader in programs for managing customer relationships, another angle of attack against Microsoft, which has itself become a major force in internet-based computing.
Zywave adds to its insurance portfolio with latest M&A activity
“With the shift to remote workforces, the pandemic has accelerated the need for insurance agencies to digitize their processes,” says Jason Liu, CEO of Zywave.
Slack CEO Is $400 million richer from Salesforce deal talks
The fortune of Slack’s billionaire co-founder and chief executive officer increased about $400 million from reports this week that Salesforce is considering taking over the workplace chat tool.
HUB International expands employee benefits business with latest M&A deal
The global insurance brokerage has closed 42 acquisition deals in 2020.
HUB International acquires Leading Edge Benefit Advisors
A string of recent acquisitions are meant to help the insurance broker boost and strengthen its employee benefit, wealth management and retirement services.
Zywave acquired by Clearlake Capital in latest M&A activity
The insurance technology provider sees the deal as a way to grow organically while also continuing its rapid pace of acquisitions going forward.
Maven expands benefits offering with acquisition of parenting app
“We read this as an occasion to really integrate women's health with children's health, and that the combination of that integrated support is what makes happier and more successful working parents,” says Erik Lumer, chief product officer at Maven.
IBM, the silent job cutter, stokes worker anxiety and speculation
In the IBM information void, workers are anxiously speculating about the scope of the restructuring. Several impacted employees said they asked their managers how many other colleagues lost their jobs and were told they didn’t have access to that information.
Redesigning your healthcare plan during coronavirus
Now is a time for HR managers to reassess healthcare plans and make important changes, health insurance expert says.
Acquisition simplifies quoting and modeling for self-funded health plans
The tech platform helps producers understand a group’s risk, customize coverage and secure competitive stop loss to match plan designs.
Alera Group M&A heats up with 2 new benefits acquisitions
Industry consolidation has been on the rise as the role of private-equity and other financial institution-backed buyers expands.
Clients should expect the unexpected in retirement
While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.
Aon-Willis Towers Watson $30 billion megadeal signals ‘wake-up’ call for brokers, advisers
The newly combined “powerhouse” will be a rival for Marsh & McLennan, which had been the top name in that sector in terms of revenue.
Aon to purchase Willis Towers in $30 billion deal
The all-stock deal is the largest ever for the industry, and comes almost exactly a year after previous talks between the two companies broke down.
Ways clients can pay off their debt in retirement
Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.
