Prudential expands collaboration with Workday to deliver a seamless, personalized benefits experience through Workday Wellness
Prudential Financial (NYSE: PRU) has expanded its strategic partnership with Workday Inc. through its Group Insurance business joining Workday Wellness, an AI-powered solution for employee benefits. The collaboration aims to enhance PruExchange's connectivity capabilities, enabling more efficient connections with nearly 200 mutual clients.
The partnership leverages data and AI technology to help employers customize their benefits programs. Key features include improved data-sharing capabilities, smoother onboarding and enrollment processes, and faster deployment of Prudential products to Workday customers. The integration with Workday Wellness will provide employers with real-time, AI-driven insights into employee benefits experiences, enabling more informed decisions about benefits and wellness offerings.
Prudential Financial (NYSE: PRU) ha ampliato la sua partnership strategica con Workday Inc. attraverso l'integrazione della sua attività di Assicurazione di Gruppo con Workday Wellness, una soluzione alimentata dall'IA per i benefici dei dipendenti. La collaborazione mira a migliorare le capacità di connettività di PruExchange, consentendo connessioni più efficienti con quasi 200 clienti comuni.
La partnership sfrutta dati e tecnologia IA per aiutare i datori di lavoro a personalizzare i loro programmi di benefici. Le caratteristiche principali includono capacità di condivisione dei dati migliorate, processi di onboarding e registrazione più fluidi, e un'implementazione più rapida dei prodotti Prudential per i clienti di Workday. L'integrazione con Workday Wellness fornirà ai datori di lavoro informazioni in tempo reale, basate sull'IA, sulle esperienze relative ai benefici dei dipendenti, consentendo decisioni più informate riguardo ai benefici e alle offerte di benessere.
Prudential Financial (NYSE: PRU) ha ampliado su asociación estratégica con Workday Inc. mediante la incorporación de su negocio de Seguros de Grupo a Workday Wellness, una solución impulsada por IA para beneficios de empleados. La colaboración tiene como objetivo mejorar las capacidades de conectividad de PruExchange, permitiendo conexiones más eficientes con casi 200 clientes mutuos.
La asociación aprovecha datos y tecnología de IA para ayudar a los empleadores a personalizar sus programas de beneficios. Las características clave incluyen capacidades mejoradas de intercambio de datos, procesos de incorporación y registro más fluidos, y un despliegue más rápido de productos Prudential para los clientes de Workday. La integración con Workday Wellness proporcionará a los empleadores información en tiempo real, impulsada por IA, sobre las experiencias de beneficios de los empleados, lo que permitirá decisiones más informadas sobre beneficios y ofertas de bienestar.
프루덴셜 파이낸셜 (NYSE: PRU)는 워크데이 Inc.와의 전략적 파트너십을 확장하여 그룹 보험 사업부가 직원 복지를 위한 AI 기반 솔루션인 워크데이 웰니스에 합류했습니다. 이 협력은 PruExchange의 연결 능력을 향상시켜 거의 200명의 공동 고객과의 보다 효율적인 연결을 가능하게 하는 것을 목표로 합니다.
이 파트너십은 데이터 및 AI 기술를 활용하여 고용주가 복리후생 프로그램을 맞춤화하는 데 도움을 줍니다. 주요 기능으로는 데이터 공유 능력 향상, 원활한 온보딩 및 등록 프로세스, 그리고 워크데이 고객을 위한 프루덴셜 제품의 빠른 배포가 포함됩니다. 워크데이 웰니스와의 통합은 고용주에게 직원 복리후생 경험에 대한 실시간 AI 기반 통찰력을 제공하여 복리후생 및 웰니스 제공에 대한 보다 정보에 기반한 결정을 내릴 수 있도록 합니다.
Prudential Financial (NYSE: PRU) a élargi son partenariat stratégique avec Workday Inc. en intégrant son activité d'Assurance de Groupe à Workday Wellness, une solution alimentée par l'IA pour les avantages des employés. Cette collaboration vise à améliorer les capacités de connectivité de PruExchange, permettant des connexions plus efficaces avec près de 200 clients communs.
Le partenariat exploite des données et la technologie IA pour aider les employeurs à personnaliser leurs programmes d'avantages. Les caractéristiques clés comprennent des capacités de partage de données améliorées, des processus d'intégration et d'inscription plus fluides, et un déploiement plus rapide des produits Prudential pour les clients de Workday. L'intégration avec Workday Wellness fournira aux employeurs des informations en temps réel, basées sur l'IA, sur les expériences des employés en matière d'avantages, permettant ainsi des décisions plus éclairées concernant les avantages et les offres de bien-être.
Prudential Financial (NYSE: PRU) hat seine strategische Partnerschaft mit Workday Inc. durch die Einbindung seines Gruppenversicherungsbereichs in Workday Wellness, einer KI-gesteuerten Lösung für Mitarbeiterbenefits, erweitert. Die Zusammenarbeit zielt darauf ab, die Konnektivitätsfähigkeiten von PruExchange zu verbessern und effizientere Verbindungen zu nahezu 200 gemeinsamen Kunden zu ermöglichen.
Die Partnerschaft nutzt Daten und KI-Technologie, um Arbeitgebern zu helfen, ihre Benefit-Programme zu personalisieren. Zu den wichtigsten Merkmalen gehören verbesserte Datenfreigabefähigkeiten, reibungslosere Onboarding- und Anmeldeprozesse sowie eine schnellere Bereitstellung von Prudential-Produkten für Workday-Kunden. Die Integration mit Workday Wellness wird Arbeitgebern in Echtzeit KI-gesteuerte Einblicke in die Erfahrungen der Mitarbeiter mit Benefits bieten, was informiertere Entscheidungen über Benefits und Wellness-Angebote ermöglicht.
- Integration with Workday expands reach to 200 mutual clients
- AI-powered technology enhances benefits administration efficiency
- Improved data-sharing capabilities streamline operations
- None.
Insights
Prudential's expanded Workday collaboration represents a strategic enhancement to its digital capabilities in the competitive group benefits market. By integrating with Workday Wellness and leveraging AI-powered solutions, Prudential is positioning its Group Insurance business to capture more value from its existing client relationships while potentially reducing administrative costs.
This partnership addresses two critical business challenges: operational efficiency and client retention. The enhanced data integration should streamline enrollment processes and reduce implementation timelines, potentially accelerating revenue recognition and lowering customer acquisition costs. For the nearly 200 mutual clients, this integration creates meaningful switching costs, potentially improving retention rates in Prudential's group benefits portfolio.
The strategic value extends beyond efficiency gains. As employers increasingly demand personalized benefits solutions, Prudential's access to real-time, AI-driven insights positions them to develop more tailored product offerings. This data advantage could drive product innovation and potentially command premium pricing in a market where commoditization pressure is constant.
This move aligns with broader industry trends where insurers are investing heavily in digital infrastructure to improve customer experience and unlock data-driven insights. Competitors like MetLife and Unum have made similar technology investments, making this a necessary defensive move to maintain competitive parity.
While not immediately revenue-accretive, this technology enhancement strengthens Prudential's value proposition in the employer benefits space, potentially supporting cross-selling opportunities across their broader financial services portfolio and improving the lifetime value of their institutional clients.
Group Insurance business adopts Workday’s AI-powered wellness solution to optimize real-time data exchange and streamline deployment of workplace wellness offerings
Prudential Group Insurance joins Workday Wellness, an AI-powered solution designed to revolutionize employee benefits experiences, to further enhance its PruExchange suite of connectivity capabilities for benefit administrators and employers. This will help enable Group Insurance and Workday to connect more efficiently with nearly 200 mutual clients supported by certified on-staff professionals.
Additionally, the data-sharing capabilities facilitate smoother onboarding and enrollment, faster deployment of Prudential products to Workday customers, and a more seamless implementation experience.
“By deepening our relationship with Workday and others in the industry, we are creating and enhancing client-focused solutions that help solve human resources and benefits challenges,” said Jess Gillespie, Prudential’s head of Group Insurance Product and Underwriting. “This collaboration underscores our commitment to deliver superior workplace benefits experiences that support employees’ holistic wellness and help them to live better lives, longer.”
Group Insurance, a current Workday Innovation Partner, is expanding opportunities to serve mutual customers through Workday Wellness, which will provide employers with real-time, AI-driven insights into their employee benefits experience. This will empower employers to make more informed decisions about their benefits and wellness offerings while identifying opportunities to tailor programs to better meet employee needs.
Group Insurance’s collaboration with Workday enhances its existing benefits technology to help facilitate an efficient and accurate data exchange, optimizing the benefits experience for both workplace clients and their employees.
For more information, visit Prudential Group Insurance.
ABOUT PRUDENTIAL
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately
Prudential Group Insurance manufactures and distributes a full range of group life, long-term and short-term disability, and corporate and trust-owned life insurance in the
FORWARD-LOOKING STATEMENT
Any unreleased services, features, functionality or enhancements referenced in any Workday document, roadmap, blog, Workday’s website, press release or public statement that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features and functions that are currently available. Workday’s Safe Harbor Statement applies to any forward-looking statements, and may be found here: https://www.workday.com/en-us/legal/safe-harbor.html
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company,
Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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MEDIA
Marisa Amador
973-802-8969
marisa.amador@prudential.com
Source: Prudential Financial, Inc.
FAQ
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