Guardian Joins Forces with Maxwell Health to Launch Guardian BenefitsCenter

Multi-Carrier Platform Streamlines Benefits and Human Resources Functions for Brokers and Their Small-to-Mid-Size Customers

NEW YORK--()--The Guardian Life Insurance Company of America® (Guardian), a leading provider of employee benefits, today announced it is working with Maxwell Health (Maxwell) to launch Guardian BenefitsCenter, a multi-carrier, proprietary platform that provides brokers and their clients with a comprehensive end-to-end operating system for delivering employee health and financial security benefits.

“The launch of Guardian BenefitsCenter is another example of how Guardian is at the forefront of the workplace benefits market,” said Dong Ahn, Executive Vice President, Group and Worksite Markets at Guardian. “Working with Maxwell will enable us to deliver a comprehensive, affordable, consumer-focused solution to simplify and enhance the benefits process for employers and their employees.”

Guardian BenefitsCenter will streamline the administration of benefits, human resources, and payroll functions for brokers and human resource administrators of small-to-mid-size employers. The platform, which Guardian provides to its brokers, makes it easy to quote, procure, and enroll employers and employees across all types of benefits, from medical insurance to Guardian’s suite of benefits which include dental, vision, life, disability, accident, cancer, critical illness and hospital indemnity, among others. Employees also have access to all of their benefits through a mobile app that incorporates a variety of consumer lifestyle products including healthcare concierge, telemedicine services, and identity theft prevention.

Maxwell Health’s CEO and Co-Founder Veer Gidwaney said, “Guardian’s reputation in the insurance industry is unparalleled, and their vision for the future of employee benefits is inspiring. We are very excited for what we can accomplish together.”

Guardian BenefitsCenter will be introduced through select Guardian brokers on a limited basis starting in the second quarter of 2016 with a full launch scheduled for 2017.

About Guardian

The Guardian Life Insurance Company of America® (Guardian) is one of the largest mutual life insurers with $7.3 billion in capital and $1.5 billion in operating income (before taxes and dividends to policyholders) in 2015. Founded in 1860, the company has paid dividends to policyholders every year since 1868. Its offerings range from life insurance, disability income insurance, annuities, and investments to dental, vision, and 401(k) plans. The company has approximately 8,000 employees and a network of over 3,000 financial representatives in more than 70 agencies nationwide. For more information, visit Guardian’s website: www.GuardianLife.com, Facebook page: https://www.facebook.com/GuardianLife/, and Twitter: @GuardianLife.

Financial information concerning The Guardian Life Insurance Company of America® as of 12/31/15 on a statutory basis: Admitted Assets = $48.1 billion; Liabilities = $42 billion (including $37 billion of reserves); and Surplus = $6.1 billion.

About Maxwell Health

Maxwell Health is a technology platform and innovative marketplace solution that makes benefits and HR simple. Maxwell streamlines the administration of benefits, human resources, and payroll for HR administrators, and its beautiful, modern experience makes it easy for employees to choose and use their benefits, helping them achieve better health and financial security. Leading benefits advisors and insurance carriers partner with Maxwell to deliver a state-of-the-art benefits and HR experience for small-to-mid-size employers and their employees. To learn more about Maxwell Health, please visit www.maxwellhealth.com.

Contacts

The Guardian Life Insurance Company of America®
Ana Sandoval, 212-919-8551
Ana_Sandoval@glic.com
or
Harden Communications Partners
Erin Burke, 631-239-6903
eburke@hardenpartners.com

Release Summary

Guardian BenefitsCenter provides brokers and their clients with a comprehensive end-to-end operating system for delivering employee health and financial security benefits

Contacts

The Guardian Life Insurance Company of America®
Ana Sandoval, 212-919-8551
Ana_Sandoval@glic.com
or
Harden Communications Partners
Erin Burke, 631-239-6903
eburke@hardenpartners.com