The agreement includes a 10-year distribution partnership whereby The Standard's products and services will be made available to
'This transaction is an important milestone in our growth in the employee benefits marketplace as well as the beginning of a new mutually beneficial partnership with
The transaction combines the deep expertise of two leading employee benefits providers who share a commitment to customer service. The combined life and disability benefits businesses will operate under The Standard brand and include the Elevance Health Life & Disability employees and operations. The distribution agreement partners The Standard's sales team with
'We look forward to our continued partnership with The Standard and value their expertise in the Life & Disability business,' said
'This transaction underscores The Standard's commitment to the life, disability and absence management market, and further expands the scale and distribution network of our employee benefits business,' said
About The Standard
The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, paid family leave and absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit standard.com or follow us on Facebook or LinkedIn.
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The Standard
971.212.9549
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Leslie.Porras@elevancehealth.com
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