Sterling Capital Brokers and The Empire Life Insurance Company are jointly offering a digital suite of life, disability and health benefits using leading API-enabled technology.
"Combining the advanced technologies of our two companies will increase the speed and accuracy of implementing new employee benefit plans and administering existing plans," said Stefan Ionescu, Sterling Capital co-founder. "Our API-enabled platform allows us to deliver a smooth client experience—it's all about fast, accurate plan set up and making it easier to take care of your plan once it's established."
API revolutionizes financial services
Application Programming Interface software -- better known as API -- allows two applications to talk to each other and transfer and work with data in real-time. APIs have been revolutionizing the financial services industry in recent years.
"We're honoured to be chosen as Sterling Capital Brokers' provider of life, disability and health insurance," said Dara Brachman, Empire Life vice-president of Group Distribution. "Empire Life is on a mission to make group benefits simple, fast and easy for Canadians and grow our business through associations with respected third parties."
The agreement took effect May 1, 2021.
Empire Life health benefits include Best Doctors®, Mental Health Navigator, a telemedicine benefit, and the Express Scripts Canada Opioid Management Solution.