Lincoln Financial Group Partners With Swiss Life Network to Meet Multinational Employee Benefit Needs
July 08 2020 - 9:05AM
Business Wire
Partnership Extends Cost-Effective International Coverage Option
and Streamlines Multinational Coverage Approach
Lincoln Financial Group (NYSE: LNC) today announced it has
entered into a complementary partnership with Swiss Life Global
Solutions (Swiss Life Network), a leading global employee benefits
provider. Through this partnership, both companies now have the
ability to meet the needs of employers with a multinational
employee base, ensuring they have access to quality benefits.
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As the U.S. carrier partner to Swiss Life Network, Lincoln
Financial brings insights and customer-centric benefits solutions
including disability, leave, life, dental, accident and critical
illness coverage for U.S.-based employees. Through this
partnership, Lincoln Financial will extend cost-effective coverage
for its customers with employees outside the U.S. through Swiss
Life Network.
“Our customers are always at the center of everything we do, and
our partnership with Swiss Life Network brings value to those we
serve who have a diverse geographic footprint, and provides an
opportunity to expand coverage to new U.S. customers while
strengthening our partnerships,” said Eric Reisenwitz, senior vice
president, interim president of Lincoln Financial’s group benefits
business. “While Lincoln’s focus continues to be writing U.S.
domestic business, with Swiss Life Network we have access to a new
lead source for all product lines to write coverage for U.S.-based
employers of all sizes.”
Swiss Life Network has an international association of more than
90 local life insurers globally, with long-standing partner and
client relationships and retention.
“We are proud to partner with Lincoln as our exclusive U.S.
group benefits carrier, because of its commitment to serving its
customers, as well as the breadth of offerings and commitment to
deliver quality solutions,” said Michael Hansen, chief executive
officer of Swiss Life Network. “We are extremely excited about this
complementary partnership, the growth opportunities it provides and
the ability to expand our network for U.S. employees by offering a
partner solution to our multinational clients.”
Customers will have access to a network with broad product
offerings and solutions to support employees in 94 countries and
territories. Regional brokers or consultant partners working with
Lincoln Financial or Swiss Life Network will be able to easily
provide customers with access to global coverage options, as well
as a streamlined approach to provide multinational coverage.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help
empower people to take charge of their financial lives with
confidence and optimism. Today, more than 17 million customers
trust our retirement, insurance and wealth protection expertise to
help address their lifestyle, savings and income goals, as well as
to guard against long-term care expenses. Headquartered in Radnor,
Pennsylvania, Lincoln Financial Group is the marketing name for
Lincoln National Corporation (NYSE:LNC) and its affiliates. The
company had $247 billion in end-of-period account values as of
March 31, 2020. Lincoln Financial Group is a committed corporate
citizen included on major sustainability indices including the Dow
Jones Sustainability Index North America and FTSE4Good. Dedicated
to diversity and inclusion, Lincoln earned perfect 100 percent
scores on the Corporate Equality Index and the Disability Equality
Index. Lincoln has also been recognized in Newsweek’s Most
Responsible Companies and is among Forbes’ World’s Best Employers,
Best Large Employers, Best Employers for Diversity, Best Employers
for Women and ranked on the JUST 100 list. Learn more at:
www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn,
and Instagram. Sign up for email alerts at
http://newsroom.lfg.com.
About Swiss Life Global Solutions
Swiss Life Global Solutions, the cross-border competence centre
of the leading insurance company Swiss Life Group, supports
multinational companies in designing high-quality and compliant
global employee benefits solutions across 90 countries and
territories through the Swiss Life Network, a global association of
more than 80 leading local insurers and business partners. Local
and cross-border solutions include life and risk insurance, health
and wellbeing, assistance and pension provisions that are designed
as flexible, modular programmes tailored to the specific needs of
each client. More than 450 international companies with over a
million insured employees are currently being serviced. Swiss Life
Global Solutions pursues its mission of enabling its clients and
their employees to lead a self-determined life with confidence.
While Lincoln Financial Group has partnered Swiss Life Network,
the two entities are not affiliated.
LCN-3150523-070620
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version on businesswire.com: https://www.businesswire.com/news/home/20200708005079/en/
Media: Lincoln Financial Group: Lora Lewis 603-200-6533
Lora.Lewis@LFG.com Swiss Life Network: Marie Dreumont +352 42 39 59
1 Marie.Dreumont@swisslife.com
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