Global re/insurance broker Lockton has launched a new Insights & Innovation Lab for People Solutions, where a new team of experts will focus on helping its clients make improvements to their businesses.
With healthcare and benefits complexity continuing to increase, Lockton says employers are searching for innovative solutions that help them balance providing competitive benefits with increasing costs, while navigating compliance and administration, and increasing employee engagement.
The expanded capabilities from the Lockton Insights & Innovation Lab will help clients identify and assess relevant market trends in healthcare & benefits, evaluate applicable solutions, and curate those solutions to find the best fit for their people and business needs.
The Insights & Innovation Lab is one of several new capabilities Lockton is investing in, along with improved data analytics, specialty practices and marketing communications.
The new lab will be directed by Michael Perlmutter, Senior Vice President, who was most recently the Health Imagination Leader at broker WTW.
Perlmutter joined Lockton in December 2021 and has worked in healthcare and health management for more than 30 years while serving in strategic leadership roles at large health plans and innovative health management organisations.
Bruce Sammis, Lockton’s People Solutions Executive Committee Chairman commented: “We’re excited to expand our cutting-edge research and recommendations to our clients through the launch of this new capability and expertise.
“Our clients will benefit from valuable insights and answers, delivered through this unique capability, that helps them better match their needs with innovative solutions that improve the employee experience.”
“The role of benefits in the workplace is changing as employees prioritise their wellbeing as much as their wallet.
“We will continue to invest in our business in order to bring quick, actionable insights to our clients that help them attract and retain the best talent, while controlling rising costs and navigating an increasingly complex landscape.”