Global insurer announces new customer-focused management team
AXA Insurance has announced a new team with a focus on customers and transformation. The Management Committee comprises many of the global insurer’s senior management including those from various business lines and regions.
The aim to ensure strategic importance on the insurer’s interactions with its customers. The team of ten includes global CEO Thomas Buberl, US CEO Mark Pearson and global CFO Gerald Harlin.
Startup aims to disrupt Colorado market
Bright Health has announced its first market in which it hopes to launch what it says is a new approach to health insurance provision. The startup has applied for a license to operate in Colorado and has partnered with Centura Health as its sole provider of services in the state.
“We’re committed to finding better ways to serve our communities,” said Gary Campbell, chief executive officer (CEO) of Centura Health. “By partnering with Bright Health in their strategy to enter the individual insurance market in Colorado, we are working to deliver optimal health value with resources and services delivered through CHN that educate, engage and empower consumers to make smarter decisions about their health.”
Bright Health is aiming to be available in Colorado for the 2017 open enrollment period which begins in November.
Fewer Canadian firms offering post-retirement benefits to employees
The proportion of Canadian companies offering post-retirement benefits to future retirees has fallen from more than 40 per cent 15 years ago to less than 30 per cent in 2016.
Mercer says that there has been a sharp reduction in retiree plans in the past four years with 22 per cent of its survey respondents having reduced benefits from the plans and in some cases blocking new hires from the plans altogether.
Mercer’s data shows that 82 per cent of Canadian employees say that receiving health benefits through their workplace are as important to them as receiving a salary.
