Elevate CTO and co-founder honored with
Excellence in Benefits award
DENVER, Sept. 9,
2024 /PRNewswire/ -- Elevate announced that its chief
technology officer and co-founder Brian
Strom was named by Employee Benefits News as one of
25 outstanding tech innovators in the benefits and human resources
community.
The Employee Benefits News Excellence in Benefits program
honors changemakers in the benefits and HR community, including
employers with top benefits programs, innovators providing
tech-driven solutions, and leading advisers. Now in its fourth
year, the annual initiative shines a spotlight on the community's
brightest and most forward-thinking leaders.
"Throughout the past year, HR professionals, tech pioneers and
advisers have faced the challenges of addressing both new and
longstanding issues within today's workforce," said Alyssa Place, Editor-in-Chief
at Employee Benefit News. "In the face of workplace
transformation, they're finding innovative ways to prioritize their
people, foster a strong culture and navigate the intricate and
critical areas of healthcare, financial wellness, and mental
health. These are true leaders driving organizational
excellence."
Elevate, a modern consumer directed benefits administration
platform, was founded by Strom and CEO Brian Cosgray in 2020. Elevate is the first
completely cloud-based, API-driven and AI-enabled consumer-directed
benefits platform.
Elevate was built to modernize the outdated technology backing
the consumer health accounts relied on by millions of Americans to
pay for needed care. Strom was recognized for his achievements in
modernizing technology and making health savings accounts (HSAs),
flexible spending accounts (FSAs), and health reimbursement
arrangements (HRAs), faster and easier to use. He holds multiple
patents for his advancements in consumer account technology,
including designing the first pre-funding solution for HSAs and
multi-purse tables.
"I'm extremely proud of our team's ability to bring modern
technology to an industry that has been relying on outdated systems
for far too long, and we're honored that Brian received this
recognition," said Brian Cosgray,
Elevate co-founder and CEO. "His vision and technical expertise
have been instrumental in our success in introducing AI and
automation to make benefit accounts a more consumer-friendly
experience."
Strom was awarded alongside prominent professionals from Alight,
BambooHR, Chime, Lockton, Shure, and Zoom. Elevate was also
recently honored with the 2024 Tech Award for AI Innovations in
Employee Benefits by Lighthouse Research & Advisory.
Strom and his fellow honorees will be recognized at EBN's
BENEFITS AT WORK conference, September
17-18 in San Diego.
About Elevate
Elevate is the first completely
cloud-based, API-driven, and AI-enabled consumer directed benefits
platform with a focus on configurability, embeddability, and
real-time automation. The all-in-one platform can manage all types
of benefit accounts, from health savings accounts (HSAs) to complex
health reimbursement arrangements (HRAs), and even commuter and
lifestyle accounts. Elevate's team of industry experts recognized
the need for modern technology in an outdated benefits
administration industry, which led to the creation of Elevate in
2020. Today, Elevate collaborates with forward-thinking partners,
including professional employer organizations (PEOs), third party
administrators (TPAs), health plans, benefits administrators, and
financial services companies, to provide a fully integrated
benefits account experience for thousands of employers and their
employees across the U.S. Learn more at www.elevate.inc
About Employee Benefit News
Employee
Benefit News (EBN) is the primary media resource for decision
makers in the worlds of employee benefits, human resources and
workplace culture. As the dynamics of these spaces continue to
shift and become increasingly complex, EBN delivers expert insights
to allow business leaders to navigate their industries with
agility. From helping benefits managers meet the challenges of
reducing care costs and improving retirement plans to providing HR
leaders with guidance on building a talented and diverse workforce,
EBN drives the conversation and delivers the research and analysis
to help readers support their companies' objectives.
View original
content:https://www.prnewswire.com/news-releases/employee-benefit-news-names-elevates-brian-strom-as-outstanding-tech-innovator-302242375.html
SOURCE Elevate