BenefitPoint Selected by Aon Consulting as Its eBusiness Infrastructure System.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Oct. 3, 2000 BenefitPoint, Inc. today announced that Aon Consulting, Inc., a leading human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. consulting organization, has selected the BenefitPoint system as its eBusiness platform for the specification and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of health and welfare products and services. "Aon Consulting is delighted to use the BenefitPoint system to deliver health and welfare solutions to our clients throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Paul Chicos, president of Aon Consulting's eCommerce initiatives. "This system will enable our consultants to best serve clients with real-time answers to their benefit needs." Aon Consulting anticipates wide-ranging efficiencies with the BenefitPoint platform. With BenefitPoint, Aon Consulting will be able to leverage the solution to: -- Electronically manage client data and back-office operations; -- Request proposals and process renewals from carriers via the Internet; -- Research and model health insurance and other employee benefits products online; and -- Continuously enhance client interaction via the Internet. In addition, the BenefitPoint functionality will complement the current capability of Aon Consulting to perform online planning, enrollment, billing, and fulfillment. From a strategic standpoint, the BenefitPoint solution will allow Aon Consulting to provide its clients with surveys, benchmarking reports, and market data on health and welfare plans across the country. "Our clients rely on the wealth of our knowledge and expert counsel to help advance their business strategies," continued Chicos. "The best way to maximize our resources is via seamless transactions between our clients and insurance carriers on the Internet. In addition to greater efficiency, BenefitPoint will give us the flexibility to integrate proprietary qualitative data regarding the best programs for clients with industry data from BenefitPoint." "Aon Consulting is recognized globally as one of the top providers of quality service in the employee benefits industry largely because of their commitment to delivering strategic counsel," said Mark A. Pulido, chairman and chief executive officer of BenefitPoint. "We are proud to partner with an organization with such distinguished history, innovation, and industry leadership. We look forward to helping them optimize our solution for continued success." About Aon Aon Consulting Worldwide is among the world's top global human resource consulting Services Provided Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce. firms, with 1999 revenues of $656 million and 5,700 employees in more than 130 offices worldwide. Aon Consulting delivers integrated solutions to help clients with employee benefits, compensation, human resources, and change management. Aon Corporation is a leader in helping companies identify and address the full range of business risks through its insurance brokerage, consulting, and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. operations. Aon's common stock (NYSE NYSE See: New York Stock Exchange :AOC AOC, n an acronym for the Aromatherapy Organizations Council. ) is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago, Frankfurt, and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . Visit www.aon.com for more information. About BenefitPoint, Inc. BenefitPoint, Inc. delivers the leading Internet-based employee benefits infrastructure for the distribution and management of group insurance and financial products. As the central nervous system of the employee benefits industry, BenefitPoint provides a complete set of B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business services enabling benefits professionals to manage the entire group health insurance and benefits lifecycle. Building on the existing industry relationships among carriers, brokers, employers, and employees, the BenefitPoint solution combines the efficiency of the Internet with the established distribution model of the insurance industry to eliminate paper (saving everyone time and money), to make it possible to deliver more products and services (giving everyone more choices), and to make better information available (enabling everyone to make better decisions). Releasing its first solution in December 1999, BenefitPoint has already received widespread industry adoption from regional and national insurance carriers as well as from more than 120 of the leading U.S.-based brokerage and consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . The company, headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , can be reached at 415/277-5600 or at www.benefitpoint.com. BenefitPoint, Inc. is privately held. Note to Editors: BenefitPoint is a trademark of BenefitPoint, Inc. All other company and product names mentioned here are trademarks of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion