Frontline Ventures’ Post

Remote, a leading global HR platform and payroll provider, has teamed up with InsurTech firm Kota to enable companies to seamlessly manage their employee health benefits across multiple countries. Remote Global Benefits integrates Kota’s infrastructure and insurer network into the platform, allowing companies to manage their employee health benefits effortlessly across different countries. The aim is to simplify this by providing businesses with a seamless way to offer competitive health insurance benefits that are compliant with local regulations. Luke Mackey, Co-Founder and CEO of Kota, commented, “Managing employee benefits across multiple countries has traditionally been a complex, outdated process entangled in paperwork, costing companies money, time, and morale. At Kota, we saw an opportunity to break away from this approach by creating a streamlined, digital-first solution for modern businesses. Our vision is to empower companies to offer world-class benefits with just a few clicks, creating a seamless experience for both HR teams and employees. Remote, a global innovator, shares this vision of a tech stack that empowers rather than hinders workforces.” https://lnkd.in/gpUaet_6 #OpenInsurance #EmbeddedInsurance #Insurance #Insurtech #Platform

How effectively is your organization leveraging benefits administration software? The right tools can not only streamline your processes but significantly enhance employee satisfaction. With a plethora of options available, finding the best solution tailored to your company’s needs can lead to improved decision-making and greater workforce engagement. As businesses grapple with escalating health insurance costs, innovative software solutions provide a pathway to cut expenses while still fostering a healthy workplace culture. It's crucial now more than ever to prioritize tools that can truly make a difference in managing your benefits. What features do you consider most important in a benefits administration platform? #BenefitsManagement #EmployeeEngagement #HealthInsurance #HRTech #InnovativeSolutions https://lnkd.in/gqyj74y6

🆕 Welcome to the Second Edition of The State of Employee Benefits report. Four years ago, when Saurabh and I set out to build Plum, we had a simple mission – to impact the financial health and well-being of Indians through companies that care. Since then, we've had the privilege of helping over 4000 companies care better for their employees, and we're grateful for the trust. However, employee benefits are still a grey area. And because of this, intent doesn't always translate into impact. We've been studying this obsessively, and we've got a lot of data. We felt it was almost our responsibility to share our insights with the world. The State of Employee Benefits isn't just a benchmarking report. It is our commentary on corporate India's healthcare story, employee expectations, and evolving healthcare trends. Three key insights: ☂ Group health insurance has helped over 10cr Indians over the last three years – India's health story will be written by companies that care. 🚀 Indian companies have improved quality of health benefits since 2023 – better maternity covers, more progressive policies, and bigger investments in experience. 🏥 Companies are not just investing in insurance, but also healthcare – we've witnessed a 110% surge in companies investing in primary and preventive health initiatives. These are just a few insights from our 46-page report. We've not just covered themes around inclusion, maternity, and modern treatments, but also about how we see tech as the greatest enabler of experience. We're extremely bullish on India's health story. This report only further validates our belief. Access it here 👇

Remote, a leading global HR platform and payroll provider, has partnered with Kota to launch Remote Global Benefits, a streamlined solution for managing and administering multi-country health insurance plans. Luke Mackey, Co-Founder and CEO of Kota, commented, saying: “Managing employee benefits across multiple countries has traditionally been a complex, outdated process entangled in paperwork, costing companies money, time, and morale." Iarla O' Carroll, Chief Operating Officer at Remote, also commented, saying: “The launch of Remote Benefits for payroll is a significant milestone for both current and prospective customers." Read the full story here: https://lnkd.in/eTfqEwKc #insurtechinsights #partnerships #insurtech

The corporate world has seen huge shifts in performance trends and patterns of working habits over the past years. The perks that were once considered sufficient have now been just an ordinary thing for the employees. Traditional benefits have been around for many years. The cornerstones of every successful total rewards program are benefits like ample paid time off, health insurance, and competitive remuneration. However, over the past few years, employee expectations have changed. Employees now anticipate paid time off, competitive compensation, and quality insurance. Read this blog to better understand the differences and importance of traditional and non-traditional employee benefits. https://lnkd.in/eYbDyZWV #SmartWorkforce #toptraditional #nontraditional #shifts #workforce #solution #workforcemanagement #SmartWorkforce #security

Remote, a leading global HR platform and payroll provider, has teamed up with InsurTech firm Kota to enable companies to seamlessly manage their employee health benefits across multiple countries. Read more here: https://lnkd.in/esuCdrwG #Insurance #Benefits #InsurTech Luke Mackey

I shared my thoughts with BenefitsManager.io on the topic... "How to Reduce Costs Without Compromising Employee Benefits Quality" #benefits #heathcare #healthinsurance #britepath

Benefits are often the unsung heroes of employee retention strategies. A robust offering that goes beyond the basics can demonstrate a business's commitment to its employees' well-being and overall job satisfaction. So, what benefits can make a real difference in retention? Health insurance is a fundamental starting point, but employers can stand out by providing options that cater to diverse needs, like mental health support, telemedicine, and wellness programs. Flexible work arrangements, including remote work options and flexible schedules, have also become increasingly important in the wake of the pandemic. What are some benefits that are essential to you? #LifeInsurance #Business

How and can you Tailor Employee Benefits?

We published The State of Employee Benefits 2024 a week ago, covering insights across 4500+ policies, across 80 benefits ✨ Our CEO Abhishek Poddar writes about our key findings and why he's bullish about the growth of employee health in the country. If you're a people leader or founder, read: https://lnkd.in/eq6rPB26 #PlumBenefits #EmployeeHealthcare #SOEB2024