Hub International has expanded its Canadian employee benefits and retirement solution with six strategic services – each designed to offer end-to-end benefits that address the recruitment, retention, and cost management issues of Canadian employers.
The six benefits service areas include:
- Pharmacy: To help clients deal with the unsustainable and open-ended cost of pharmacy drugs, Hub is looking to offer support and resources – including research and insights on drug efficacy, access to complex drugs, and access to knowledge database DrugHUB.
- Total health: Hub has created a Total Member Health Strategy to support all aspects of health – physical, mental, organizational and financial. The company is offering support and resources which include: providing plan sponsors resources to identify problems and offer solutions, data analytics, predictive modelling, health & wellness programs, mental health, financial health, disability and absence management.
- Retirement: The insurer is building up its Canadian Retirement Practice to help executives, employees, individuals and their families with support and resources; this includes creating proprietary tools for plan sponsors to provide to their members to help in retirement preparedness.
- Communications: Hub will provide a Canadian Communication & Design service offering to deliver best-in-class communication tools to clients in all market segments, helping employees better understand their benefits choices.
- Digital: Hub is creating a digital benefits platform that delivers proprietary administration solutions. The platform will also serve as an online marketplace and data repository offering small groups an easy way to purchase coverage and individual voluntary/P&C products online.
- Cross-border: To address the growing need from Canadian businesses for cross-border expertise, Hub is utilizing its considerable geographic footprint to offer easy access to support, as well as to establish an avenue to facilitate coverage solutions in both the US and Canada.
“We’ve had unbelievable momentum since we launched our employee benefits initiative in 2018,” said Hub International Canada president Tina Osen. “It is critical for us to deliver optimum end-to-end benefits services to address issues in healthcare and wellness, retirement, communications, technology and cross border benefits issues that are keeping our clients up at night.”
Hub employee benefits president Mike Barone added that as the company continues to expand its capabilities in Canada, the six strategic services will be critical for Hub to deliver “highly differentiated benefits to [the company’s] clients.” Barone also mentioned that the national employee benefits leadership team will help accelerate this strategy.