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The Hartford Expands Partnership With Workday To Provide Simpler, More Personalized Wellness Experiences

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The Hartford has expanded its partnership with Workday by becoming a strategic Workday Wellness partner. The collaboration will leverage AI-powered solutions to provide personalized wellness experiences and streamline benefits management. The partnership offers real-time insights into employee benefits usage, automated eligibility data, and streamlined evidence of insurability processes.

According to The Hartford's 2024 Future of Benefits study, 62% of HR professionals report increased responsibilities, with 82% stating HR technology has made their job easier. The enhanced partnership will enable faster data integrations, comprehensive implementation support, and real-time data exchange between the two platforms, helping employers better adapt their benefits to employee needs.

The Hartford ha ampliato la sua partnership con Workday diventando un partner strategico per il benessere di Workday. La collaborazione si avvarrà di soluzioni alimentate dall'IA per fornire esperienze di benessere personalizzate e semplificare la gestione dei benefici. La partnership offre intuizioni in tempo reale sull'utilizzo dei benefici da parte dei dipendenti, dati automatizzati sull'idoneità e processi semplificati di prova di assicurabilità.

Secondo lo studio del 2024 sul futuro dei benefici di The Hartford, il 62% dei professionisti delle risorse umane riporta un aumento delle responsabilità, con l'82% che afferma che la tecnologia HR ha semplificato il loro lavoro. La partnership potenziata consentirà integrazioni dei dati più veloci, supporto completo per l'implementazione e scambio di dati in tempo reale tra le due piattaforme, aiutando i datori di lavoro ad adattare meglio i loro benefici alle esigenze dei dipendenti.

The Hartford ha ampliado su asociación con Workday convirtiéndose en un socio estratégico de bienestar de Workday. La colaboración aprovechará soluciones impulsadas por IA para proporcionar experiencias de bienestar personalizadas y simplificar la gestión de beneficios. La alianza ofrece información en tiempo real sobre el uso de beneficios por parte de los empleados, datos de elegibilidad automatizados y procesos simplificados de evidencia de asegurabilidad.

Según el estudio de 2024 sobre el futuro de los beneficios de The Hartford, el 62% de los profesionales de recursos humanos reportan un aumento en sus responsabilidades, con un 82% indicando que la tecnología de recursos humanos ha simplificado su trabajo. La asociación mejorada permitirá integraciones de datos más rápidas, soporte integral para la implementación y intercambio de datos en tiempo real entre las dos plataformas, ayudando a los empleadores a adaptar mejor sus beneficios a las necesidades de los empleados.

하트포드워크데이와의 파트너십을 확장하여 전략적 웰니스 파트너가 되었습니다. 이 협력은 AI 기반 솔루션을 활용하여 개인화된 웰니스 경험을 제공하고 복리후생 관리를 간소화할 것입니다. 이 파트너십은 직원 복리후생 사용에 대한 실시간 통찰력, 자동화된 적합성 데이터, 그리고 보험 유효성 증명의 과정을 간소화합니다.

하트포드의 2024 복리후생 미래 연구에 따르면, HR 전문가의 62%가 책임이 증가했다고 보고했으며, 82%는 HR 기술이 업무를 더 쉽게 만들었다고 말했습니다. 향상된 파트너십은 보다 빠른 데이터 통합, 종합적인 구현 지원, 그리고 두 플랫폼 간의 실시간 데이터 교환을 가능하게 하여 고용주가 직원의 필요에 맞게 복리후생을 더 잘 조정할 수 있도록 돕습니다.

The Hartford a élargi son partenariat avec Workday en devenant un partenaire stratégique de bien-être de Workday. Cette collaboration tirera parti de solutions alimentées par l'IA pour fournir des expériences de bien-être personnalisées et simplifier la gestion des avantages. Le partenariat offre des aperçus en temps réel sur l'utilisation des avantages par les employés, des données d'éligibilité automatisées et des processus simplifiés de preuve d'assurabilité.

Selon l'étude Future of Benefits 2024 de The Hartford, 62 % des professionnels RH rapportent une augmentation de leurs responsabilités, et 82 % affirment que la technologie RH a facilité leur travail. La partenariat amélioré permettra des intégrations de données plus rapides, un soutien complet à la mise en œuvre, et un échange de données en temps réel entre les deux plateformes, aidant ainsi les employeurs à mieux adapter leurs avantages aux besoins des employés.

The Hartford hat seine Partnerschaft mit Workday erweitert und ist jetzt ein strategischer Wellness-Partner von Workday. Die Zusammenarbeit wird KI-gestützte Lösungen nutzen, um personalisierte Wohlfühl-Erlebnisse zu bieten und das Management von Vorteilen zu optimieren. Die Partnerschaft bietet Echtzeit-Einblicke in die Nutzung von Mitarbeiterbenefits, automatisierte Berechtigungsdaten und vereinfachte Nachweisverfahren zur Versicherbarkeit.

Laut der Future of Benefits-Studie 2024 von The Hartford berichten 62 % der HR-Profis von gestiegenen Verantwortlichkeiten, während 82 % angeben, dass HR-Technologie ihre Arbeit einfacher gemacht hat. Die verbesserte Partnerschaft wird schnellere Datenintegrationen, umfassende Implementierungsunterstützung und den Echtzeit-Datenaustausch zwischen den beiden Plattformen ermöglichen, damit Arbeitgeber ihre Vorteile besser an den Bedürfnissen der Mitarbeiter anpassen können.

Positive
  • Strategic partnership expansion enhances service offerings and market position
  • AI-powered solution implementation reduces administrative costs
  • Real-time data integration capabilities improve operational efficiency
  • Automated eligibility processing eliminates manual file feeds
Negative
  • None.

Insights

The partnership expansion between The Hartford and Workday represents a significant technological advancement in HR benefits management. The integration of AI-powered Workday Wellness with The Hartford's benefits platform will streamline operations through automated eligibility data, real-time insights and streamlined evidence of insurability processes. The implementation of single sign-on and automated data exchange addresses key pain points in HR administration, potentially reducing operational costs and improving efficiency.

The platform's ability to provide real-time analytics on benefits utilization and employee preferences through Illuminate and Peakon Employee Voice creates a data-driven approach to benefits management. This could lead to more targeted and cost-effective benefits packages, ultimately impacting The Hartford's competitive position in the employee benefits sector.

This strategic partnership positions The Hartford to capture a larger share of the growing HR tech integration market. With 82% of HR professionals reporting that technology makes their jobs easier and 62% experiencing increased responsibilities, the timing of this enhanced partnership is strategically sound. The move aligns with market demands for simplified, integrated HR solutions and could strengthen The Hartford's market position in the employee benefits sector.

The integration capabilities and real-time data exchange features address critical efficiency gaps in benefits administration, potentially leading to increased customer retention and new business acquisition. This could positively impact The Hartford's revenue streams in their Group Benefits segment.

Insurer named an inaugural Workday Wellness Partner

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford, a leading provider of employee benefits and absence management services, is enhancing its relationship with Workday, Inc., a leading provider of solutions to help organizations manage their people and money, by becoming a strategic Workday Wellness partner.

Workday Wellness, an AI-powered solution, will be designed to connect employers and employees to top wellness partners, offering a highly personalized experience that reduces costs and administration hours. Leveraging Illuminate and Workday Peakon Employee Voice, it will provide companies with real-time insights into which benefits and wellness offerings their employees want and use so they can improve programs and seamlessly add new offerings.

“Our employee benefits customers strategically invest their time and resources into human resources technology solutions to manage their benefits and enhance employee well-being, and we are dedicated to helping them maximize their investments,” said Mike Fish, head of Group Benefits at The Hartford. “We look forward to collaborating as a strategic partner with Workday to provide a differentiated end-to-end benefits experience for our shared customers.”

This new strategic partnership furthers The Hartford’s current relationship with Workday, as an Innovation Partner, and will enable employer-customers of both companies to benefit from faster data integrations, comprehensive implementation support, and real-time data exchange. Workday Wellness will further help employers measure effectiveness and adapt their benefits to better meet their employees’ needs.

The Hartford’s 2024 Future of Benefits study shows Human Resources (HR) professionals are faced with a surge in accountabilities, with 62% saying their day-to-day responsibilities have increased in the past few years. Most (82%) say HR technology has made it easier to do their job and 83% say HR technology should simplify information for them and their employees.

With Workday Wellness, employers who work with The Hartford will benefit from:

  • Real-time insights into how employees are using their benefits, enabling employers to improve programs and seamlessly add new offerings within the Workday platform;
  • Streamlined evidence of insurability (EOI) with a single sign-on connection for workers to complete the EOI application, with most receiving a decision in minutes;
  • Automated eligibility data that eliminates the need for file feeds and enables real-time data exchange to improve the claims process; and
  • Real-time leave decisions and status that reduce manual work and provide greater transparency into employee absences and return-to-work plans.

The Hartford offers flexible options and a consultative approach to help its employee benefits customers find the best solutions and integrations tailored to meet the unique needs of their business. For more information, visit The Hartford’s website.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-E

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2023 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

Media Contact:

Michelle Symington

860-547-5385

michelle.symington@thehartford.com

Source: The Hartford

FAQ

What benefits does The Hartford's Workday Wellness partnership offer to employers?

The partnership offers real-time insights into benefits usage, streamlined evidence of insurability, automated eligibility data, and real-time leave decisions, reducing administrative work and improving program effectiveness.

How will The Hartford's partnership with Workday affect HR efficiency?

The partnership will reduce manual work, provide real-time data exchange, and offer automated processes, addressing the 62% of HR professionals who report increased responsibilities.

What are the key features of The Hartford's new Workday Wellness integration?

Key features include AI-powered solutions, personalized wellness experiences, real-time insights, automated eligibility data, and streamlined evidence of insurability with single sign-on capability.

What percentage of HR professionals find technology helpful according to The Hartford's 2024 study?

According to The Hartford's 2024 Future of Benefits study, 82% of HR professionals say HR technology has made their job easier, and 83% believe it should simplify information.

The Hartford Financial Services Group, Inc.

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