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Marsh & McLennan (MMC)’s health, wealth and career consulting arm Mercer in August 2018 acquired the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial. Pavilion is a global investment services firm with about 300 employees, headquartered in Winnipeg, Canada. It has offices across North America, in London, U.K., and in Singapore. In the U.S., Pavilion focuses on the defined contribution (D.C.), endowment and foundation, healthcare and

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MAXIS Global Benefits Network (MAXIS GBN) in October 2019 launched its Wellness Intelligence Tool (WIT), a digital service that helps organizations estimate potential medical cost savings resulting from changes in employee behaviors and lifestyles. The tool helps organizations quantify the impact that behavior change could have on the health and productivity of employees. The tool was developed by MAXIS GBN in partnership with actuarial consultancy Habits at Work. Integrated

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Next Insurance, a digital insurance company that focuses on small businesses, in October 2019 raised USD 250m from Munich Re. The Palo Alto, California-based, 3-year old startup became a licensed insurance carrier, shedding its brokerage business model, in August 2018. The capital raise will fund the development of new products and of customer initiatives. Next Insurance offers a wide range of insurance products, including including general liability; professional liability;

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The European Association of Paritarian Institutions (AEIP), in October 2019 announced the final program of its Annual Conference. The 2019 edition of the event is devoted to the Interaction of the Social Dialogue with the Paritarian Model: Added Value in a Changing Labor Market. The event will take place in a convenient half-day format in the morning of 06 November 2019 in Brussels, Belgium. The venue is the Square

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Aon in August 2019 issued a white paper entitled Prevention is Better Than Cure, which addresses the growing awareness of employee wellbeing. The paper encourages employers to understand the business rationale behind employee wellbeing in order to help gain best outcomes. The Aon white paper shows that 95% of employers see a correlation between employee health and performance, and believe they have a role in trying to educate and
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