Employee Navigator, the leading benefits administration and HR software solution for insurance brokers and employers, today announced the acquisition of Ease, the leading broker centric HR and benefits software solution for small businesses. The combined company will support over 150,000 businesses, more than 4,000 insurance brokers, a marketplace of 300 integrated partners and over 13 million employees in the U.S., making it one of the largest benefits administration and HR platforms in the country.
The acquisition will help accelerate the modernization of benefits administration for brokers, employers, and the broader insurance ecosystem. Employee Navigator Founder and CEO, George Reese, will be the CEO of the combined company. “The combination of Ease with Employee Navigator’s industry leading integrations will drive tremendous value for brokers and HR managers,” said George Reese. “As a single company, we will continue our strategy to help every business in the U.S. offer their employees a Fortune 500 set of benefits by providing the largest agnostic marketplace of integrated partners in the industry.”
The two products will continue to operate separately but over time many of Ease’s features will be incorporated into Employee Navigator’s platform over time, creating a more compelling product for insurance brokers. “Our goal has always been to increase the insured population and lower insurance costs over the long-term and this acquisition puts us in a position to do that while also helping our customers scale their businesses as brokers, HR departments and the broader ecosystem digitize their operations,” said George Reese.
Organizations are rapidly leveraging technology to streamline HR and benefits processes into a single portal, reduce costs, and make insurance more accessible to employees. Employee Navigator and Ease are committed to delivering innovation and value to organizations navigating those transformations. “Employee Navigator and Ease have an incredible opportunity to build the benefits administration and HR platform of the future,” said David Reid, Chief Executive Officer, and Co-Founder of Ease. “We founded Ease to provide simple technology for the benefits and HR needs of small businesses. Together, we can offer our customers the long-term solution they need for their businesses. Employee Navigator’s acquisition of Ease will help advance our shared visions of accelerating the adoption of modern technology products across the employee benefits and HR markets for companies of all sizes.”