Streamlined benefits tech integration for voluntary insurance

FOR IMMEDIATE RELEASE

Businessolver Announces Advanced Voluntary Benefits Integration with Transamerica

Employee benefits enrollment experience is simplified through real-time LiveKinnect integration between Businessolver and Transamerica enrollment technologies.

West Des Moines, Iowa — August 7, 2012 — Large employers can streamline the enrollment of all benefits thanks to the integration of advanced technology. Businessolver, a large employer benefits enrollment outsourcing partner, and the Employee Benefits marketing unit of Transamerica Life Insurance Company, have developed advanced connectivity between their technology platforms to make voluntary product enrollment simpler for employees.

Businessolver’s single-source technology, Benefitsolver™, allows employees to make all of their elections, from core options like medical insurance to voluntary options like critical illness insurance, within a single enrollment experience. Through LiveKinnectSM, Businessolver’s advanced real-time, web service connection, clients can replace manual, offline evidence of insurability and enrollment processes with an easy and automated process within Benefitsolver.

“We are pleased to offer a level of integration through LiveKinnect that allows our clients’ employees the opportunity to effortlessly enroll in their core as well as voluntary benefit plans,” said Businessolver AVP of Alliances Jeff Mortland. “Our flexible integration strategy provides carriers like Transamerica, teamed up with brokers and consultants, the option to leverage our platform to provide ease of enrollment and grow their voluntary enrollments.”

“As health care reform expands the role of technology in the employee benefits space, this is a great opportunity for Transamerica to help streamline the enrollment process for our clients — and ultimately for employees,” said Brad Ridnour, senior vice president and national sales director of Transamerica Employee Benefits. “We are equally excited to team up with such an pioneering technology solutions company as Businessolver, and add another innovative benefit enrollment tool to our portfolio.”

About Businessolver
Businessolver delivers online benefits administration services via Benefitsolver — its proprietary single source technology — to deliver a complete benefits solution to employers ranging from 5,000 to 150,000 employees. Businessolver’s benefits outsourcing capabilities include health insurance exchange consulting and construction, benefits process consulting and engineering, wellness consulting and integration, and RFP consulting. Businessolver provides a complete benefits point solution from a single piece of technology. Services include enrollment & eligibility, COBRA administration, Service Center, reconciled billing, life event management, communication fulfillment, eligibility verification, and voluntary benefits enrollment via web and telephone. For more information about Businessolver, visit www.businessolver.com.

About Transamerica Employee Benefits
Transamerica companies have been helping people create better futures for over a century. Transamerica Employee Benefits is a marketing unit of Transamerica Life Insurance Company (Cedar Rapids, IA) that designs and markets voluntary group life and supplemental health insurance products. For more information, please visit www.transamericanemployeebenefits.com.