Apr 06, 2023
Employee Navigator, the leading benefits administration and HR software solution for insurance brokers and employers, has just announced its acquisition of Ease, the leading small business HR and benefits software solution aimed at brokers.
According to industry experts and observers, this acquisition will deliver innovation and value to organizations and brokers in the insurance space while lowering insurance costs over the long term. Additionally, the combined platform will help customers scale their businesses as brokers, HR departments, and the broader insurance ecosystem digitize their operations.
Each platform was already experiencing substantial and sustained growth prior to the acquisition. In addition to being named a Top Workplace by The Washington Post for the last five years, Employee Navigator works with more than 3,000 brokers, providing benefits administration and HR products to over 75,000 companies and 9 million employees. Additionally, Ease was among the fastest growing solutions for brokers and employers with more than 75,000 employers managing over 3.5 million employees.
The combined platform will support over 150,000 businesses, more than 4,000 insurance brokers, a marketplace of 300 integrated partners, and over 13 million employees in the United States, making it one of the largest benefits administration and HR platforms in the country.
Furthermore, this acquisition will accelerate the modernization and adoption of modern technology products across the employee benefits and HR markets for companies of all sizes. It will also optimize benefits administration for brokers, employers, and the broader insurance ecosystem while increasing the efficiency of creating, managing, and updating employee coverage programs for all the companies using the new, combined platform.
Ultimately, the goals of merging the two platforms are to increase the insured population and grow opportunities for brokers and employers by building an integrated best-in-class benefits administration solution. By acquiring Ease and becoming a combined platform, Employee Navigator will become more effective and dominant in the insurance space than if either platform had remained separate prior to the acquisition.
As the Founder and CEO of Employee Navigator, George Reese will also act as CEO of the combined company. Mr. Reese has stated that, “The combination of Ease with Employee Navigator’s industry leading integrations will drive tremendous value for brokers and HR managers.”
Initially, Employee Navigator and Ease will operate separately. The merging will happen gradually as many of Ease’s features will be incorporated into Employee Navigator’s platform, creating a more compelling product for insurance brokers.
Contact your Amwins Connect Regional Sales Representative for more information.
