General Insurance Article - Mercer agree to acquire Thomsons Online Benefits


Mercer has agreed to acquire Thomsons Online Benefits. This acquisition allows Mercer and Thomsons to provide driving transformation in the way that benefits are designed, communicated and administered. This will offer companies and employees a unique, market-leading global and local benefit experience. Terms of the agreement were not disclosed.

 “The combination of Thomsons’ Darwin™ technology with Mercer aligns to the growing demand from multinational employers to offer a common yet locally tailored employee benefits platform that delivers the latest in creative engagement, modern design, analytic insights and administrative efficiency and support,” said Julio Portalatin, President and CEO of Mercer. “The acquisition also drives future growth in local markets across the world where Thomsons and Mercer are already well established by putting technology at the heart of addressing employer and employee needs.” 

 Michael Whitfield, Thomsons CEO said: “Over the last several years, as we have grown closer to Mercer it has become increasingly clear that we have a fantastic opportunity to continue the Thomsons’ success story of the last 16 years as part of Mercer, with our Darwin™ technology helping to power future growth and business transformation.” He further added:

 “The acquisition by Mercer will provide our clients with world class broking and consulting, wherever they need it, as well as offering the ability to continue to work with Thomsons as an agnostic technology solution. It further allows us to scale the development of Darwin™ faster globally, as well as locally. I am also delighted about the career and personal development opportunities that this move offers to Thomsons’ employees all over the world."

 “Now global organizations have a trusted partner who has the end-to-end benefits offering and experience essential to support creating a healthier, happier and more engaged workforce,” commented Chris Bruce, Managing Director and Thomsons co-founder. “Technology is changing every function of HR and the greatest opportunity to have an impact is in benefits,” he added.

 According to Jacques Goulet, President, Health and Wealth businesses for Mercer, “Acquiring Thomsons will affirm Mercer’s commitment to anticipating clients’ rapidly evolving needs and investing in the best solutions that help them gain competitive edge and win employee hearts and minds. Thomsons will align and significantly enhance our technology capabilities and we are delighted to make our highly successful partnership permanent for a best-in-class employee experience.”  

Back to Index


Similar News to this Story

Advice for those affected by Storm Eowyn
The Association of British Insurers (ABI) is reassuring homeowners and businesses impacted by Storm Eowyn that their insurers will be ready to help an
Quoted home insurance rose over 10 percent in the past year
Quoted premiums are down 2.2% in the past three months. Quoted prices rise the most in Scotland at 14.9% and the least in the West Midlands at 4.0%.
Climate Risk insurability is key to economic resilience
Annual report reveals 60 percent of economic damage caused by catastrophes in 2024 was uninsured. Insured losses reached $145 billion globally – the s

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.