SAN JOSE, Calif.--(BUSINESS WIRE)--Matrix Absence Management, Inc., (Matrix), a market leading integrator of insurance and absence management services, has named William Schutz chief operating officer (COO), replacing newly-named President Ken Cope in the role.
In his new position, Mr. Schutz is responsible for overseeing Matrix’s integrated claims, leave of absence (LOA), workers’ compensation and medical unit operations nationally. He is based in the company’s flagship claims hub in Phoenix, AZ.
Founded in 1987, Matrix is a market leader in delivering services to help employers proactively manage employee absence and related programs. Matrix seamlessly integrates workers’ compensation, short and long term disability, return-to-work services, and personal/family and medical leave (FMLA) programs . Matrix is also the administrator and claims processing platform for Reliance Standard Life Insurance Company’s integrated disability clients.
Prior to his arrival at Matrix, Mr. Schutz built an operations leadership career spanning 25 years with premier global organizations including WebMD, National City Bank, Texaco, and WorldCom. He has specific experience and documented success employing technology to replace manual processing of highly sensitive financial, confidential (HIPAA) and heavily regulated applications.
“Bill has an eclectic background with a consistent thread of operations excellence demonstrated by measurable ROI,” Mr. Cope said. “His legacy has been to create efficiency and capacity among work forces, delivering on the promise of superior service and employee satisfaction. That is an extraordinary fit with our organization and value proposition at Matrix.”
Headquartered in San Jose, California, Matrix has service locations nationwide, including claims hubs in San Jose, Phoenix, AZ, Hawthorne, NY and Portland, OR. Matrix clients employ nearly 2 million employees nationwide with total payrolls exceeding $60 billion.
Reliance Standard Life Insurance Company (Reliance Standard) is a leading insurance carrier specializing in innovative and flexible employee benefits solutions including disability income and group term life insurance, a suite of voluntary (employee paid) coverage options and fully integrated absence management. Reliance Standard markets these solutions nationwide through independent brokers and agents to employers of all sizes.
Matrix and Reliance Standard also partner with leading wellness provider Viverae® to deliver RelianceONE®, an innovative program to improve the health of employees and the bottom lines of employers through integrated workforce health and productivity management services.
Both Matrix and Reliance Standard are members of the Tokio Marine Group. Tokio Marine Holdings, Inc., the ultimate holding company of the Tokio Marine Group, is incorporated in Japan and is listed on both the Tokyo and Osaka Stock Exchanges. The Tokio Marine Group operates in the property and casualty insurance, reinsurance and life insurance sectors globally. The Group’s main operating subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is the oldest and leading property and casualty insurer in Japan.
For more information, visit www.matrixcos.com or call (800) 980-1006.
