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Keylane acquires Benefits-Plaza

April 21, 2016 – Keylane, SaaS provider of software solutions for the insurance and pension industry, has taken over Benefits-Plaza. The acquisition allows Keylane to offer insurers a complete platform for administration and communication relating to all insurable employment conditions. Lexence advised Keylane in its acquisition.

Expertise

Corporate / M&A

Luc

Habets

Jurjen

Mos

Iris

Hoekstra

Nicky

Spaan

“With the Employee Benefits platform of Benefits Plaza, Keylane is offering the market a proven solution. Benefits-Plaza has years of experience and built up a strong position with leading clients, including Avéro Achmea, Allianz, Aegon, Delta Lloyd and Zwitserleven. The acquisition makes it possible to give Keylane’s existing and new customers even better service in the future,” says Ronald Kasteel – responsible within Keylane’s Executive Board for, among other things Strategy and Mergers & Acquisitions.

The Benefits Plaza platform offers optimum support to insurers, brokers and employers. The insurance of all employees is listed clearly in a fully automated database. Changes in the workforce are processed digitally and directly (straight through processing) and communicated to the relevant insurers. This ensures efficiency, time savings and cost savings.

Total Concept

Ralph van Ginkel, director Benefits-Plaza: “Linking up with Keylane is a very logical step for Benefits-Plaza. Together, we are better able to provide our customers with a total solution for managing all insurance data. I look forward to accelerating the development of the platform even more and I am convinced that we will work well with our new colleagues from Keylane. ”

The Benefits-Plaza software will be integrated into the Keylane solutions. One advantage here is that Keylane has been developing software for Benefits-Plaza for many years and is therefore quite familiar with the solutions. This will greatly facilitate the integration.

About Benefits-Plaza

Benefits-Plaza offers an Employee Benefits platform for administration and communication relating to all insurable employment conditions. By using the platform, insurers and brokers achieve efficiency and time and cost savings. Regardless of where the insured schemes are hosted, all arrangements can be managed in the platform, such as all types of pension schemes, group disability, absenteeism, accidents and medical expenses. The company was founded in 2006 and is based in Rotterdam.

About Keylane

Keylane provides software that offers insurers and pension providers excellent support in their day-to-day service and allows them to quickly adapt to market changes. With our package solutions and SaaS services, over 100 reputable companies have achieved measurable results, such as cost reduction, faster time to market and higher customer satisfaction ratings. Our in-depth industry knowledge and world-class technology allows us to give all our customers an excellent service. Keylane has its headquarters in Utrecht and also operates in the Benelux, Germany, Scandinavia and the UK.

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