Unum (NYSE: UNM) today unveils an integrated product and service platform called Simply Unum that brings an unparalleled level of choice, pricing flexibility and administrative ease to the employee benefits market.
CHATTANOOGA, Tenn. (BusinessWire EON) August 14, 2007 --
Unum (NYSE: UNM) today unveils an integrated product and service
platform called Simply Unum that brings an unparalleled level of choice,
pricing flexibility and administrative ease to the employee benefits
market.
More than two years in development, Simply Unum addresses the key issues
facing today’s employers, including cost
pressures, workforce diversity, recruitment and retention, and the
challenge of benefits communication and administration.
“Simply Unum will transform the benefits
landscape in the small to midsize market,”
said Mike Simonds, senior vice president of product development and
marketing. “It is one of the most significant
product and service initiatives in our company’s
history. In fact, we have received two provisional patents on the
technology and this platform will become our model for future growth and
product innovation.”
Designed specifically for the small to midsize business owner, Simply
Unum provides a base of group disability or life insurance coupled with
voluntary benefits. With more than 28,000 product combinations possible,
an employer can offer benefit options that best meet the specific needs
of their workforce at a price that doesn’t
strain the bottom line. It operates on a single technology platform,
creating one path from benefit package design to quoting to enrollment
to ongoing billing and administration.
In creating Simply Unum, the company conducted extensive research with
brokers and employers to identify their top market challenges and
service concerns. It studied the business models of leaders in the
manufacturing, food service, airline and service industries. And it
dissected the benefit plans of more than 100,000 customers to determine
the most popular product features.
The Simply Unum solution:
-
Increases the choice of products available to employees to fit
different life stages and financial situations
-
Provides improved benefits education to help employees make informed
financial planning decisions
-
Streamlines enrollment with a fast, paperless process
-
Connects HR personnel to web-based tools for convenient, real-time
plan administration
-
Supports online claim filing and provides both the employer and
employee with continuous access to the status of the claim.
Simply Unum was designed specifically for small and midsized companies.
It helps business owners achieve an edge in a competitive hiring
environment by helping to create a benefits package that will attract
and retain top talent.
“It’s fiercely
competitive out there for employers trying to attract and retain the
most talented workforce they can,” said
Simonds. “So being able to provide benefits
that are meaningful to their employees – both
existing and potential – is a huge advantage
for employers.”
Simply Unum helps create this advantage. The Simply Unum benefits
solution is now available in Michigan, Minnesota, Ohio and Wisconsin,
and will be available nationwide in early 2008.
Additional information:
Pod casts
Listen to pod casts from Bob Best, chief operating officer www.unum.com/PDF/forms.ashx?formID=MK-1136;
Mike Simonds, senior vice president of product development and marketing www.unum.com/PDF/forms.ashx?formID=MK-1137;
or Steve Meahl, senior vice president of sales www.unum.com/PDF/forms.ashx?formID=MK-1138.
Flash
View a brief flash presentation about the Simply Unum benefits solution
www.unum.com/PDF/forms.ashx?formID=MK-1135
Web site
Visit www.unum.com/simplyunum
for product and service information
Advertising
Look at the Simply Unum print advertisement
www.unum.com/PDF/forms.ashx?formID=MK-1139
White paper
Download HR Trends and Challenges: The changing U.S. demographic,
economic, and social landscape of the workplace
http://forms.unum.com/StreamPDF.aspx?strURL=/FMS_068162-1.pdf
About Unum
Unum (www.unum.com), formerly
UnumProvident, is one of the leading providers of employee benefits
products and services, and the largest provider of group and individual
disability income protection insurance in the United States and the
United Kingdom. Through its subsidiaries, Unum provided $6.2 billion in
total benefits to customers in 2006.
MULTIMEDIA GALLERY http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5471702
Trackback URL: http://www.prweb.com/pingpr.php/UGlnZy1Db3VwLVRoaXItSGFsZi1UaGlyLVplcm8=
|
