UZIO and Transamerica Team Up for a Strategic Alliance in the Benefits Space

RESTON, Va., July 18, 2018 /PRNewswire-PRWeb/ -- UZIO (powered by hCentive), a leader in the benefits marketplace, has announced a strategic alliance with Transamerica, a powerful provider in the employee benefits space.

Transamerica introduces a portfolio of employee benefits in UZIO's marketplace that will compliment employers' healthcare offerings by offsetting deductibles and other expenses that health insurance alone may not cover.

Through this collaboration, UZIO's broker community will be able to streamline their voluntary benefits offering and will provide incremental value to their clients.

John Stanley, Managing Director of Transamerica Employee Benefits, says "Transamerica is focused on empowering employees to focus on their wealth and health. UZIO's platform provides benefit brokers and consultants with access to enrollment, communication and decision support tools to help employees better manage the benefits selection process."

With UZIO's strategic approach in the market, this collaboration aims to simplify the distribution and management of health insurance, ancillary benefits, and other HR needs such as compliance, payroll, onboarding and more.

"As a leader in the benefits marketplace, UZIO's mission is to empower small and mid-size businesses to gain access to comprehensive benefits", said Sushant Jha, VP of Commercial Business at UZIO. "Transamerica has added a suite of voluntary products to our marketplace to include accident, hospital indemnity and critical illness insurance which will further enable this market".

About UZIO (powered by hCentive)
At UZIO (http://www.uzio.com), we provide the best technology platform for brokers, employers and employees. UZIO digitally transforms traditional brokers, thereby differentiating them from their peers. Our technology gives brokers a means to efficiently deploy benefits in a true digital landscape that simplifies their client's experience. UZIO's empowering platform helps brokers grow revenue and acquire new clients.
For small and midsize businesses looking to provide comprehensive benefits in a cost-effective way, UZIO provides a marketplace of products and partners which simplifies benefits management by combining the power of technology and the experience of the local brokers. We enable small and mid-size businesses to manage HR and compliance with our user-friendly platform and advanced features.

About Transamerica
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica's dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2017, Transamerica fulfilled its promises to customers, paying more than $35.6 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is one of the world's largest providers of life insurance, pension solutions and asset management products, operating in more than 20 markets worldwide. For the full year of 2017, Aegon managed $982 billion in revenue generating investments. For more information, please visit http://www.transamerica.com.

Media Inquiry:
Sunny Arora
Sr. Director, Marketing at hCentive, Inc
sunny.arora(at)hcentive.com

SOURCE Uzio, Inc.