PHILADELPHIA–(GOOD BUSINESS)–Reliance Standard Life Insurance Company and Matrix Absence Management have rebranded as Reliance Matrix, a technology and employee benefits company that provides financial protection and health plans plus for employees, while helping employers increase productivity by managing absenteeism. Two industry leaders have joined forces to bring integrated and specialized employee benefits, absence management and workforce solutions to the human resources market. US workers.
“Human capital is an employer’s most important asset,” said Chris Fazzini, President and CEO of Reliance Matrix. “With changing trends, laws and marketing challenges, it has never been more important to find ways to maximize productivity. Our proven model is powered by the integration of technology, continuous compliance and building a strong culture.”
The re-branding is the culmination of many years of dedicated experience for employers, employees and families supported by Reliance Matrix today. Reliance Matrix sells solutions through independent brokers, agents, consultants and technology partners across the country.
“With a complete set of modern, market-driven solutions for all our customers, we empower customers to achieve their financial goals and take care of what and who is most important to them,” the statement said Mark Marsters, Chief Executive Officer at Reliance Matrix. “We are stronger together because of our shared expertise, and stronger because of our stability and culture.”
Reliance Standard and Matrix have been working together as sister companies since 1997, providing integrated insurance and TPA services to large employers. According to Marsters, the progress of planning in the past few years has driven the opportunity for these services downmarket. Today, employers with less than 100 covered employees are eligible to benefit from these solutions.
At the same time, the organization invested in technology aimed at empowering HR professionals, managers and employees to manage their companies effectively, as well as manage time away from work. . One of these tools, called the Absence Radar®, received a United States patent in 2021.
“Customers, customers, business owners and our technology partners will benefit from a unique brand and experience,” concluded Patrick Trinsey, vice president and Chief Marketing Officer. “Clear and consistent messaging, along with a seamless, omni-channel experience, will result in a greater degree of confidence and satisfaction with solutions and services.”
The Reliance Matrix name also includes First Reliance Standard Life Insurance Company, a subsidiary in New York; and Standard Security Life Insurance Company of New York, which was acquired by Reliance Standard in January 2022.
Reliance Standard’s Retirement Services, which is responsible for a range of fixed and fixed annuity products marketed through independent brokers, agents, banks, and brokers, only approves policies through Reliance Standard Life Insurance Company and will retain the Reliance Standard name and trademarks.
Visit www.RelianceMatrix.com for more information.
About Dependency Matrix
Reliance Matrix provides employee benefits, absence management and employee productivity solutions through the financial stability of a top insurance company, the innovative TPA absence guarantee, and the commitment to date. all of thousands of team members across America. When large competitors offer size, we inspire confidence and long-term cooperation through integration, honesty and integrity in providing special solutions.
Born in 1907, Reliance Standard Life Insurance Company is a leading provider of employee benefits, benefits management and retirement savings solutions. Matrix Absence Management has its roots in Silicon Valley at the dawn of technology. Safe and secure, we innovate and deliver products and software to help individuals, employers, businesses and consumers protect and nurture those who are most important to them.
Reliance Matrix is a member of the Tokio Marine Group. Tokio Marine Holdings, Inc., the largest holding company of the Tokio Marine Group, is incorporated in Japan and is listed on the Tokyo Stock Exchange. Tokio Marine Group operates in property and casualty, reinsurance and life insurance worldwide. The Group’s main subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is the oldest and leading property and casualty company in Japan.
The Tokio Marine Group provides support, strength, and stability to customers and communities in a world full of risks. The group gives individuals, businesses and partners the confidence to explore new opportunities and take the next steps. Tokio Marine is committed to building better economies, industries and societies in a rapidly changing world.