Securian Financial is continuing to strengthen its position in the employee benefits market.
The company announced that its Houston, Texas-based benefits administration subsidiary, Empyrean Benefit Solutions, has acquired Enspire, an employee communication and engagement platform headquartered in Austin, Texas.
Through the acquisition, Empyrean adds an expanded people-centric dimension to its innovative benefits administration technology and compassionate support services. Called +YOU, the new solution integrates Enspire’s employee communication and engagement technology with Empyrean’s benefits administration platform to become a fully customizable and employer-branded people experience—a single front door to an employer’s suite of tools for employee productivity, wellness, communication and benefits.
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“This acquisition will accelerate Empyrean’s mission of connecting benefits and enriching lives while helping clients build their own culture through benefits,” said Sid Gandhi, Securian Financial executive vice president of Employee Benefits Solutions and Empyrean board chair.
“Enspire and Empyrean’s capabilities are an important part of Securian Financial’s broadening set of solutions for employers’ benefits programs, including group insurance and voluntary benefits as well as enrollment and engagement,” said Gandhi.
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Securian Financial acquired Empyrean in 2019. Founded in 2006, Empyrean has more than 700 employees working at its Houston headquarters and in offices in Nashville and Minneapolis. More than 400 employers and 5 million participants use Empyrean’s platform.
Securian Financial is the third-largest direct writer of group life insurance in the United States1 and also offers group accidental death and dismemberment (AD&D) and supplemental health insurance products to employers nationwide.
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