Source: FinTech
The firm has launched Remote Global Benefits to address the growing demand for solutions which are capable of managing employee benefits on an international scale. This is task often laboured by a fragmented process involving brokers, complex laws, and multiple systems. The aim is to simplify this by providing businesses with a seamless way to offer competitive health insurance benefits that are compliant with local regulations. Remote Global Benefits integrates Kota’s infrastructure and insurer network into the platform, allowing companies to manage their employee health benefits effortlessly across different countries.
Luke Mackey, Co-Founder and CEO of Kota, commented, “Managing employee benefits across multiple countries has traditionally been a complex, outdated process entangled in paperwork, costing companies money, time, and morale. At Kota, we saw an opportunity to break away from this approach by creating a streamlined, digital-first solution for modern businesses. Our vision is to empower companies to offer world-class benefits with just a few clicks, creating a seamless experience for both HR teams and employees. Remote, a global innovator, shares this vision of a tech stack that empowers rather than hinders workforces.”
Iarla O’Carroll, Chief Operating Officer at Remote, added, “The launch of Remote Benefits for payroll is a significant milestone for both current and prospective customers. Two common challenges companies face when expanding internationally are sourcing locally competitive benefits and synchronising them with payroll. This partnership with Kota enhances our ability to streamline benefits management, making it easier than ever for companies to deliver top-tier employee experiences while ensuring integration with local payroll systems and full compliance. Given the vital role benefits play in recruitment and retention, this partnership enables our customers to expand globally with confidence, supporting their teams’ well-being and success as they enter new markets.”
Read the full article: https://fintech.global/2024/11/20/remote-partners-with-kota-to-simplify-global-health-insurance-management-for-businesses/