One of these tools, called Absence Radar®, received a United States patent in 2021. Today, employers with as few as 100 covered employees are eligible to benefit from these solutions.Īt the same time, the organization invested materially in technology tools aimed at empowering HR professionals, managers and employees to actively manage their corporate, as well as mandated, time away from work. According to Marsters, strategic advances over the past several years have driven the access point for these services down market. Reliance Standard and Matrix have worked together as sister companies since 1997, providing integrated insurance and TPA services to large employers. “We are better together because of our shared legacies and expertise, and stronger because of our stability and culture.”

“With a full suite of modern, market-leading solutions for all our customers, we are empowering customers to achieve their financial goals and care for what and who is most important to them,” said Mark Marsters, Chief Operating Officer at Reliance Matrix. Reliance Matrix markets solutions through independent brokers, agents, consultants and technology partners nationwide. The rebrand is the culmination of a multiyear process aimed at providing a unified experience for the employers, employees and families that Reliance Matrix already supports today. Our proven formula is driven by technology integration, consistent compliance and building a strong culture.” “With changing trends, laws and market challenges, it has never been more important to find ways to optimize productivity.

“Human capital is an employer’s most precious asset,” said Chris Fazzini, President and CEO of Reliance Matrix. The two industry leaders have joined forces to bring integrated and personalized employee benefits, absence management and workforce productivity solutions to the U.S. PHILADELPHIA-( BUSINESS WIRE)-Reliance Standard Life Insurance Company and Matrix Absence Management have rebranded as Reliance Matrix, a technology-driven absence and employee benefits company that provides financial protection and supplemental health plans for employees, while helping employers maximize productivity by managing time away from work.

Matrix absences management