Trustmark, the Lake Forest, IL-based national employee benefits provider with specialized expertise in voluntary benefits, self-funded health benefits, and health and fitness management, announced its partnership with Plug and Play, a leading Silicon Valley-based Global Innovation Platform.
“This partnership with Plug and Play will help us better anticipate the competitive forces that will shape our businesses going forward,” said Kevin Slawin, Trustmark’s President and CEO. “At a time of increasing change and disruption, Plug and Play’s focus on Insurtech, employee benefits, and health innovation will introduce us to technology startup partners that can potentially accelerate our strategies to further differentiate Trustmark in the marketplace.”
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Saeed Amidi, Founder and CEO of Plug and Play, said, “We leverage the most innovative technologies from health, insurance, and more than ten other industries to help our partners transform their digital strategy. We are excited to partner with Trustmark and drive disruptive solutions within the employee benefits and health space.”
Since inception in 2016, Plug and Play Insurtech has provided a vast platform for over 75 corporate partners and made more than 40 investments in Insurtech startups. Plug and Play Insurtech also has a global footprint with offices in Beijing, Munich, New York, Singapore, and Tokyo.
“Trustmark is committed to innovation and finding additional solutions to benefit our clients and stakeholders,” said Brad Bodell, Trustmark’s CIO. “This partnership will help Trustmark improve its speed to market, enhance our digital capabilities and help us create a technology-enabled, competitive advantage.”