Group & voluntary benefits
Deliver the benefits employers need to attract and retain top talent.
What’s going on
People seek protection for their interests through the group and voluntary benefits provided by their employers. A compelling benefits package can be a key factor in a top candidate's decision to accept a job offer. In a competitive talent market, employers need insurers who can deliver an attractive benefits package in a scalable and user-friendly experience.
How group & voluntary benefits is changing
What you can do
Market dynamics are squeezing profitability. Technology modernization and optimized organization and operating models can reduce workloads and expenses while enabling new revenue streams.
As AI matures, insurers can leverage the technology to improve customer relationships through enhanced interactions, while realizing gains in both process efficiency and decision effectiveness.
29%
Of working hours in the insurance industry can be automated by gen AI, relieving workers of many of their more mundane and tedious tasks
Insurance products and services need to put people first. Carriers need to understand the ways in which customers feel protected or are seeking protection.
58%
Of insurance consumers say they would be willing to share a lot of data in exchange for advice that is more relevant to their personal circumstances
What's trending in group & voluntary benefits
Our leaders
Khalid Lahraoui
Senior Managing Director – Insurance Lead, Global and EMEA
Kenneth Saldanha
Senior Managing Director – Insurance Lead, Americas
Naoyuki Shibata
Senior Managing Director – Insurance Lead, Asia Pacific