Global innovation platform Plug and Play has formed a new partnership with national employee benefits provider Trustmark. Trustmark notably serves organizations of all sizes, with a strategic focus on providing middle-market employers with products, services, and capabilities usually reserved for large employers.
According to Kevin Slawin, Trustmark’s President and CEO, revealed that the partnership will help Trustmark “better anticipate” the competitive forces that will shape its businesses going forward. He further explained:
“At a time of increasing change and disruption, Plug and Play’s focus on Insurtech, employee benefits, and health innovation will introduce us to technology startup partners that can potentially accelerate our strategies to further differentiate Trustmark in the marketplace.”
Saeed Amidi, Founder and CEO of Plug and Play, also commented:
“We leverage the most innovative technologies from health, insurance, and more than ten other industries to help our partners transform their digital strategy. We are excited to partner with Trustmark and drive disruptive solutions within the employee benefits and health space.”
Brad Bodell, Trustmark’s CIO, went on to add:
“Trustmark is committed to innovation and finding additional solutions to benefit our clients and stakeholders. This partnership will help Trustmark improve its speed to market, enhance our digital capabilities and help us create a technology-enabled, competitive advantage.”
Plug and Play Insurtech has provided a platform for over 75 corporate partners and made more than 40 investments in Insurtech startups. Plug and Play Insurtech also has a global footprint with offices in Beijing, Munich, New York, Singapore, and Tokyo.