Segic is proud to announce the formalization of its Third-Party Administrator (TPA) department and to welcome two exceptional leaders to spearhead this strategic service. Christine Edwards and Annya Potter bring complementary expertise that will allow us to meet our clients’ needs with increased efficiency, unmatched service quality, and a commitment to the rapid evolution of […]
Category: Articles
Challenges and Opportunities for Intermediaries and Brokers in the Group Benefits Industry!
The group benefits industry is undergoing significant transformation, presenting both substantial challenges and promising opportunities for intermediaries and brokers. As with any rapidly evolving sector, achieving growth while maintaining strong profit margins requires adept navigation through several strategic issues. Increased Competition The group benefits market is becoming increasingly competitive. New players are emerging with […]
A Revolution in Benefits Management: Segic Introduces the Automation of Deductions and Taxable Benefits!
In the sector of Group Benefits, manual management of source deductions and taxable benefits often represents a major challenge for employers. Historically, this management has been facilitated by Segic through the creation of a generic file. Today, Segic takes another step forward by offering an even more advanced feature. Starting in August 2024, thanks to […]
Segic is proud to welcome John-Francis Lyons-McAlpin as an Agile Project Manager
We are excited to announce that John-Francis Lyons-McAlpin is joining the Segic team as an Agile Project Manager. Bringing over fifteen years of experience in software development and project management within an Insurtech company, John-Francis offers a wealth of knowledge and diverse skills. He has demonstrated deep understanding of the insurance domain, strong organizational […]
The Union Revolution: How the Segic platform is redefining group plan management
By: Danny Boulanger | August 22, 2023 Introduction In the insurance world, one concept is gaining traction: self-insured or self-funding. As its name suggests, self-insured allows an organization to insure itself against risks it’s willing to take on, by setting aside funds to cover potential claims instead of paying premiums to an insurance company. […]
Why Should Group and Property and Casualty Insurance Brokers Consider Becoming Third-Party Administrators (TPA)?
By: Danny Boulanger | August 16, 2023 The insurance sector is rapidly evolving, driven by technological innovations, shifting client needs, and a dynamic regulatory landscape. Now, more than ever, group insurance brokers have compelling reasons to become a Third-Party Administrator (TPA). Let’s explore why. Diverse Benefits on Offer One of the significant advantages of […]
Danny Boulanger: An Entrepreneur at Heart Using Technology to Disrupt the Group Insurance Industry
Danny Boulanger is a born entrepreneur and the President & CEO of Segic. Over the last 25 years, he has created a name for himself in the IT industry, thanks to his flair, passion, and excellent business sense. In 2014, Danny recognized a huge opportunity for innovation in a field that had been stagnant for […]
Engaging a multi-generational workforce with employee benefits
We’ve seen various reports recently stating that millennials are less likely to engage with rehabilitative benefits, preferring instead to opt-in to lifestyle benefits such as discounted retail vouchers or gym memberships […]