Vancouver’s CloudAdvisors is transforming the long-established employee benefits industry by launching Canada’s Employee Benefits Marketplace.
The fully digital platform provides revolutionary access to benchmarking data from over 10,000 employers, A.I. automated recommendations, and a Solution Marketplace which uniquely matches Employers with Benefits they can purchase.
CloudAdvisor’s co-founder Matt Lister began his journey as tech savvy advisor in this age-old industry, and realized it had great potential to change it for the better, a vision that has now come to life.
“Millions of Canadians rely on their Employer and Advisor to annually navigate the complex world of insurance and enhance the benefits offered to employees and their families,” commented Lister.
“Advisors have been using traditional tactics for decades, relying on face-to-face communication with hard copy materials. This fragmented sales process has resulted in many employee benefit plans staying out-of-date and overpriced. While the best Advisors wanted to provide a better service to clients, they have lacked the technology to deliver.”
Providers such as Insurance Carriers, Third Party Administrators, and Health and Wellness vendors can list their products and services in the Marketplace.
Advisors can license and customize CloudAdvisors to organize, analyze, automate and deliver their annual advisory model. The platform allows Advisors to directly generate and share reports, recommendations, and quotes to Employers through a secured portal.
Employers who are not currently with a licensed Advisor Partner can join the platform for free to evaluate their benefits, identify gaps, match with relevant solutions and generate quotes.