Unum is widening its reach across UK workplaces to help even more people having secured the renewal rights for Generali UK’s employee benefits business across its Group Risk products.

In addition, following a robust selection process, Unum will join the global ‘Generali Employee Benefits (GEB) Network’ to jointly provide UK employee benefits solutions to global employers. 

Unum, which is also welcoming the experienced Generali UK employee benefits’ team, will expand its operations and administer Generali UK’s employee benefits in-force policies and claims to ensure continuity of service, relationship management, and a seamless transition for all customers.

Unum’s expertise and reputation in workplace health and protection, combined with GEB’s global reach in employee benefits, signals the start of an exciting partnership for the two companies. 

Mark Till, CEO of Unum UK, commented “This acquisition, combined with the expansion of our operations, strengthens our commitment to delivering high-quality workplace protection benefits and exceptional customer experiences. We're proud to already protect millions of individuals across the UK, and we’re looking forward to working in partnership with GEB to extend our products and services to even more people.”

Ludovic Bayard, CEO of GEB, added “Welcoming Unum into the GEB Network reflects our strategic ambition and unwavering dedication to sustainable growth and operational excellence.

Both Unum and GEB value long-term partnerships built on integrity and mutual trust and share a relentless focus to ‘Deliver on the Promise’, one of Generali’s key values centred around improving lives.

By partnering with Unum, a leading employee benefits provider in the UK market, we are significantly strengthening our position in the UK, in the international employee benefits business arena, and in our commitment to delivering best-in-class and innovative solutions to our captives and multinational clients.”

Unum becomes part of the GEB Network with immediate effect. Generali UK Group Risk policies will commence with Unum once terms have been accepted before or at the policyholder’s next rate review Generali UK Group Risk policyholders will be offered terms to renew with Unum before or at the policyholder’s next rate review. GEB and Unum will seek approval under Part VII of the Financial Services and Markets Act 2000 for transfer of the remaining Generali UK EB policies and claims. The above is subject to regulatory approvals at the appropriate stages.