OMAHA, NE and CHICAGO, IL--(Marketwired - August 28, 2013) - SilverStone Group announced today that they have selected bswift, a leader in software and services for employee benefits administration, to provide the technology platform for its private benefits marketplace solution. The platform is designed to manage costs for employers and offer competitive benefit options for employees by leveraging the robust technology bswift has developed over the last 13 years, including the following functions and capabilities:
- a robust defined contribution platform for employers and employees
- shopping tools, decision support, and enrollment for employees
- employer tools, including reporting, dashboards and alerts
- consulting, including proprietary analytics
- Electronic Data Interchange (EDI) files and transmissions to carriers and payroll
- financial management, including billing
"bswift has a proven track record in powering private exchanges and online enrollment platforms. bswift offers a full range of services and functionality, from its state-of-the-art decision support and shopping tools for employees, to its accurate and reliable billing reports and services for employers and carriers," noted Grant Matthies, Principal in the Group Benefits division at SilverStone Group.
bswift CEO Rich Gallun remarked, "SilverStone Group has designed an intelligent health insurance marketplace to help employers manage benefits costs and increase employee satisfaction in the increasingly competitive landscape for attracting and retaining talent. With their expertise and our proven technology, we expect a strong future for exchanges of this type and leaders like SilverStone Group that are getting a head start in the changing world of health care and benefits."
About bswift
Based in Chicago, bswift offers software and services that streamline benefits, HR and payroll administration for employers and public and private exchanges nationwide. bswift's state-of-the-art cloud-based technology and outsourcing solutions significantly reduce administrative costs and time-consuming paperwork, making life easier for administrators and millions of consumers who enroll in benefits with bswift. For more information, visit www.bswift.com and check out the bswift blog at www.bswift.com/blog.
About SilverStone Group
SilverStone Group is an employee-owned firm with nearly 70 years of dedicated service. The company's 200 highly qualified Associates provide human capital consulting, property and casualty coverage, risk management, employee benefits, business insurance and financial planning services to employers and individuals.
Headquartered in Omaha, Nebraska, SilverStone Group has additional offices in Council Bluffs, Iowa and Sioux Falls, South Dakota.