If elected, the Conservative Party is promising to help employers prioritize mental health in the workplace. As part of its election platform, the Conservative Party said it will provide employers with a federal tax credit for 25 per cent of the cost of adding mental-health coverage to their employee benefits plans for the first three […]
Victoria, B.C.-based Adamek Financial, a boutique benefits consulting firm, is merging with Sterling Capital Brokers Ltd. Founded in 2014, Sterling Capital is an independent benefits consulting firm based in Toronto and specializing in servicing small- to medium-sized employers. Adamek Financial’s team has a combined 92 years of consulting experience that includes benefits plan reviews, plan management, […]
More than a third (41 per cent) of U.S. employees believe unvaccinated workers should pay higher insurance rates, with generation Z the least supportive (23 per cent) and baby boomers the most supportive (45 per cent), according to a new survey by Eagle Hill Consulting. The survey was published this week as federal regulators in […]
Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to close by the end of the first quarter of 2022 and there’ll be an earnout payable in 2025 of up to US$750 million in cash, subject to certain adjustments. Read: […]
Telus Communications Inc. recognizes that all employees manage their health and well-being in different ways, so it allows staff to choose how they use the company’s flexible wellness offering — they can take time off to enjoy a staycation, pay down student loans or top up their health-care spending accounts. “We provide [employees] with credits […]
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 […]