Simply Benefits Nominated for 2022 Insurance-Canada.ca Technology Awards
By Cindy Danielson
May 11, 2022
Simply Benefits is proud to be nominated for the 2022 Insurance-Canada.ca Technology Awards (ICTA) for our digital employee benefits management platform trusted by Canadian Benefits Advisors and their employer clients.
Since 1995, Insurance-Canada.ca Inc. has provided both consumers and insurance professionals with independent and impartial information about technology and the business of insurance in Canada through events, blogs, emails, consulting services and their website.
About the Insurance Canada Technology Awards | ICTAs
Technology has become an integral part of our lives and our businesses even as it evolves at an ever-faster rate. Insurance industry practitioners – insurers, brokers, claims services providers, providers of other insurance services – have made innovative and beneficial uses of these technologies to respond to customer expectations, to gain efficiencies, to improve customer, partner and employee service and to become more competitive.
Innovation, disruption, and InsurTech have contributed to an increasingly digital and customer-focused insurance ecosystem. New risks – cyber, climate, crypto, etc. – are being addressed. New approaches include on-demand, parametric and embedded insurance.
The Insurance Canada Technology Awards – or “ICTAs” – highlight and celebrate the use of technologies that impact insurance. They have been awarded annually since 2010. The ICTAs are sponsored by the Canadian Broker Network. To be eligible, each nominee must be involved in the Canadian insurance business as an Insurer, Distributor (broker, agent, MGA, etc.), or Supplier and meet specific criteria as part of the Nominations Process.
Winners were announced in a virtual ceremony on June 22, 2022 📅
The ICTA winners are chosen but a panel of industry experts; however, anyone can vote for the People's Choice Awards. So, please show us your support and vote for Simply Benefits by June 17th! *VOTING CLOSED*
Simply Benefits is Improving the Employee Experience
The Simply Benefits digital benefits management platform was officially launched January 1st, 2021, and is the first benefits provider to fully digitize the entire onboarding and enrollment process.
We offer tailored portals for three unique users: Canadian Benefits Advisors, Employers, and Employees and improves processes for all with the following:
Receive quotes within 4-5 business days compared to industry-average of 2-3 weeks.
Onboard new clients in about 72 hours compared to industry-average of 4-5 weeks.
View and manage client plans and see paid and pending commissions in one portal.
Employer Plan Administrators
Replace long, paper-based enrollment process (typically up to 8-weeks) with fast, digital, and easy onboarding experience (typically within days).
Reduce their administration time to view member coverage and enroll and/or terminate employees on/off their benefits plan.
Leverage online communication tools to help educate employees about their benefits and efficiently communicate plan changes.
Employees (aka Members)
Enroll onto their group benefits plan in 10-minutes and once complete, immediately start using their benefits (e.g. fill a prescription or visit their dentist) compared to industry-standard of up to 8-weeks.
Receiveone-stopfast and personalized service for all benefits products (even when coverage is underwritten by different insurers).
Submit claims online and receive payment directly into their bank account typically within 48 hours.
The Simply Benefits group health insurance process and platform are sold exclusively through partnerships with Canadian Group Benefits Advisors. The Simply Benefits platform also offer advisors and employers white label options so they can completely ‘own’ their digital benefits portal to provide a familiar branded experience. Learn more about Simply Benefits ICTA nomination and how we are improving the employee experience.
Interested in Learning More About Simply Benefits?
If you're a Canadian Benefits Advisor looking for a new digital competitive advantage, contact us.
About Simply Benefits
Simply Benefits is Canada's newest fully digital Employee Benefits provider that partners with advisors to deliver group health benefits 100% digitally to Canadian employers. We’re a Third Party Payor (TPP) with a platform that providesthree portalsto enable Benefits Advisorsto manage all client plans online,Employersto efficiently administer employee coverage, andEmployeesto view, update and use their benefits 24/7 via desktop or smartphone app. We helpENGAGEEmployees Anytime, Anywhere,SIMPLIFYthe benefits experience, andEVOLVEan Advisors’ benefits business. To learn more, visitour websiteor connect with us onLinkedIn,Twitter,Facebook,Instagram, andYouTube.