Maxwell Health company logo

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maxwellhealth.com

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$56.4M

About Maxwell Health

Maxwell Health simplifies benefits and HR for small-to-mid-sized employers. The platform includes a marketplace that makes buying benefits intuitive for employees, tools that streamline HR processes including benefits administration and payroll, and a mobile app that makes using benefits easy. The company's purpose is to help American families achieve health and financial well-being by modernizing how employees experience insurance, financial, and wellness benefits. The platform is provided by benefits advisors as well as insurance and retirement companies that license its technology.

Maxwell Health Headquarter Location

101 Tremont Street Floor 11

Boston, Massachusetts, 02108,

United States

866-629-7445

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Expert Collections containing Maxwell Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Maxwell Health is included in 5 Expert Collections, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

I

Insurtech

1,798 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,344 items

US-based companies

H

Health Plans & Benefits Management

716 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

12,808 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Maxwell Health News

5 Questions: Paula Bartgis, CIO, Sun Life

May 11, 2022

Robert Benson Paula Bartgis is SVP and CIO for Sun Life. She joined Sun Life in 2019 from Voya Financial and also held tech roles at Travelers and MassMutual. She spoke to Digital Insurance in May 2022; what follows is a lightly edited transcript of that discussion. You’ve worked at several insurers and other companies in your career. Coming to Sun Life, what were you looking to impart as the leader of the tech organization? Paula Bartgis, CIO, Sun Life We really had to come together as one team with one goal. And that's something I set out from day one with my team when I got here and not only on the tech side, but on the business side. I truly believe this to my core: Anything from a technology perspective is possible. It really is the appetite of the organization in terms of how fast they want to go. I learned a lot about the company, and the culture here is something really special. We're here to serve the business, and if the businesses really want to innovate and they really want to work together, there's a lot of amazing things that we can do collectively. My job is to make sure that we have a strategy that we're grounded on, and that I'm helping to take the business where they want to go. You started at Sun Life right before the pandemic. How did you go about implementing your near-term plans with so much disruption? I've been able to achieve everything I've wanted to achieve in the technology organization. It has been a challenge, but it hasn't been a barrier as far as market conditions. We used to go and do enrollments physically. We had to pivot and be able to provide a different kind of digital solution in order to meet the clients where they are. So it's really around thinking about the experiences and, and as part of our digital transformation, we really are approaching this from a client-obsessed standpoint. TRENDING The WTW Insurance Marketplace Realities 2022 Spring Update includes rate predictions and market insights. In 2018, Sun Life’s acquired benefits administration startup Maxwell Health. How did that dovetail with your vision? I saw a huge opportunity. [Maxwell] brought not only a technology solution, but also brought people that think differently. It’s the startup culture versus a major insurance company that's been established for over a hundred years. I've deliberately taken that team and infused them. It’s a different approach to doing things and you can learn from both sides. We can bring benefits expertise onto the technology side, and bringing that sort of fresh approach to innovation to the benefits side. How has the pandemic affected your ability to add staff to meet these goals? There has been a big change, we now can say we can hire anybody anywhere. And so it really enables us to go after talent in a different way going forward. It's opened up an opportunity for everyone, and I don't think people were as open-minded [about remote work] prior to the pandemic. But it doesn't matter what vision I have, what strategy I have, if we don't have the right people and we don't have people with passion and who are engaged and who care about what we do as a company. Sun Life is introducing a new platform for its clients. How does that reflect the way the business has been re-oriented around transformation and collaboration? Sun Life Onboard is basically giving employers guided step-by-step onboarding task prompts, but all digitally. In the future it will become more automated, more customizable, more data driven and so forth. We’re getting an iteration of this out there to familiarize clients with the platform itself and with the process,, and with taking these tasks and making them digitally interactive. There's stages of development, which I think is really great because it gets solutions out to clients faster while we continue improving the experience. It’s that client-obsessed design thinking that Maxwell brought to the table that enabled this as well.

  • When was Maxwell Health founded?

    Maxwell Health was founded in 2012.

  • Where is Maxwell Health's headquarters?

    Maxwell Health's headquarters is located at 101 Tremont Street, Boston.

  • What is Maxwell Health's latest funding round?

    Maxwell Health's latest funding round is Acquired.

  • How much did Maxwell Health raise?

    Maxwell Health raised a total of $56.4M.

  • Who are the investors of Maxwell Health?

    Investors of Maxwell Health include Sun Life, Tribeca Venture Partners, Lerer Hippeau, Rainfall Ventures, Catalyst Health Ventures and 18 more.

  • Who are Maxwell Health's competitors?

    Competitors of Maxwell Health include Castlight Health, Zenefits, Corestream, Benefitfocus, Namely and 7 more.

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