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Betteryear2on Feb 17, 2022 8:13pm
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SEB Adds 3 New Healthcare Benefits Processing Wins
SEB Adds 3 New Healthcare Benefits Processing Wins MISSISSAUGA, Ontario, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Smart Employee Benefits Inc., (“SEB” or the Company) (TSXV:SEB, OTCQX: SEBFF), is pleased to announce multiple benefits solution wins and renewals as follows:
- New 3-year contract for 155,000 investment accounts to provide payment processing services for the TELUS Health virtual healthcare app. SEB’s “FlexPlus® PAY” secure digital payment solution provides unique functionality to enrol, manage and support subscriptions.
- New 5-year deal with new multi-national corporate client, representing 2,300 plan members, to provide Benefits Administration services.
- New 5-year contract to provide design, set up and administration services for a white-labelled “digital retiree health insurance product” for a large national benefits consulting channel partner, underwritten by one of the largest group and life Insurers in Canada.
- Renewal: 5-year renewal of an existing high-technology client to provide benefits administration on a fully outsourced basis, for approximately 4,500 employees.
States Mohamad El Chayah, COO of SEB and President/CEO of SEB Administrative Services Inc. (“SEB Admin”): “We are thrilled with these wins, especially those that are driven by our innovation agenda and help us venture into new markets. This demonstrates the breadth of our solutions, the depth of our services and the flexibility and adaptability of our products.”
SEB Adds 3 New Healthcare Benefits Processing Wins and 1 Renewal