New Addition to Stable of World-Class Providers Connects Employee Benefits to Retirement Goals
United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization, is proud to announce it has added Voya Financial® (Voya) as a new Strategic Partner. Ranked among Ethisphere Institute’s 2014 World's Most Ethical Companies®, Voya offers retirement, investment, and insurance solutions to approximately 13 million individual and institutional customers in the United States.
A Strategic Partner designation is the highest level of collaboration a service provider can have with UBA. Numbering fewer than 20, Strategic Partners are an exclusive group of companies that offer exceptional products and make a special commitment to the success of UBA and its Partnership.
UBA Senior Vice President of Partner Relations Paul Zumbrook says, “I’m pleased to announce that UBA has entered into a highly-anticipated strategic relationship for 2015 with Voya Financial. Voya represents a recognized national leader in voluntary benefits and stop loss, complements the current UBA offerings and adds some new elements to the UBA portfolio, particularly in the rapidly expanding worksite space.”
Through this mutually beneficial strategic relationship, Voya’s Employee Benefits business will gain visibility and exposure to an expanded book of business through UBA Partners. The UBA Partnership and its clientele will receive access to high-quality products such as Voya Financial’s Compass Suite, which is designed to complement employer-provided benefits by delivering added value to both employers and employees.
“This relationship with UBA supports our goal of expansion within the mid-market by strategically leveraging our broad product portfolio,” says Heather Lavallee, President of Employee Benefits, Voya Financial. “Working closely with UBA will allow us to reach more employees with the important message of retirement readiness, and to raise awareness of the role of employee benefits in achieving long-term financial goals.”
Voya’s Employee Benefits business offers stop loss, group life, voluntary benefits and disability income insurance products to mid-sized and large employers and their employees, covering 4.4 million individuals. The business has extensive experience in the design, implementation and administration of employee benefits plans, and it offers a full range of supplemental voluntary products that include critical illness, accident and hospital confinement indemnity insurance.