Carebook Technologies Inc., a Montreal-based digital health and virtual care solutions provider, is acquiring CoreHealth Technologies Inc., a Kelowna, B.C.-based global corporate wellness platform, for $9 million on a cash-free and debt-free basis. CoreHealth provides health and wellness programs for corporate wellness companies, major insurers, human resources consulting firms, employee assistance program providers, health systems, population health management […]
While many organizations had to press pause on their hiring plans at the start of the coronavirus pandemic, Willful, a Canadian online estate planning company, had to ramp up its hiring efforts during this time. Before the pandemic, all new employees at Willful received a variety of perks, including a $500 annual education budget, summer […]
Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was first announced in March 2020 and received shareholder approval in August 2020, was challenged last month, with the DOJ asserting the deal could eliminate competition, raise prices and hamper innovation […]
Sun Life Financial Inc. has completed its acquisition of PinnacleCare International Inc., a U.S. health-care navigation and medical intelligence provider. Based in Maryland, PinnacleCare has more than 170 employees and 20 years of experience helping people navigate their care options when facing a serious medical condition. It will become part of Sun Life’s U.S. stop-loss and […]
People Corporation Inc. is acquiring British-Columbia-based group benefits, retirement and insurance consulting company Burton Financial Ltd. Burton’s principals, Sean and Darla Trimble, will continue to run the operations as part of People Corp. and its team of employees will continue to provide service and solutions to its plan sponsor clients. Read: People Corp. acquiring B.C.-based benefits […]
On April 15, Benefits Canada hosted 2021 Tech Insights: Spring Edition, an event designed to showcase the latest technology in benefits, administration and plan member offerings. This event specifically provides a forum for companies to sell you on the benefits of their technology. You can view the conference highlights below: The benefits of digital pharmacy for plan […]
Medavie Blue Cross is making a virtual diabetes care management program available to its plan members. In partnership with Roche Diabetes Care Canada and Ellerca Health, the digital program integrates personalized coaching, home delivery of test strips and glucose monitoring to support plan members living with diabetes, pre-diabetes, high blood pressure and/or high cholesterol. The […]
Penad Pension Services Ltd. is acquiring Ontario-based SeclonLogic Inc., a defined benefit pension plan and group benefits administration software solutions company. “I am confident that this transaction will leverage the products and services of the combined firm to the benefit of our clients and partners,” said Matthew Price, president of the Penad Group of Companies, in […]
Manulife is rewarding its group benefit and individual insurance members of its Vitality health and wellness program who receive the coronavirus vaccine with points. The Manulife Vitality program encourages Canadians to get healthier and awards vitality points, which members can use to achieve new status levels and unlock different rewards, noted a press release. And […]
For years, many employees had ad hoc, work-from-home arrangements with their employers. Then came the coronavirus pandemic, which kicked the shift to remote working into overdrive, forcing employers to spring into action to find ways to best use group benefits plans to support their employees through the change. As a result, employers came up with […]