StockNews.AI
VOYA
StockNews.AI
14 days

Empathy Collaboration with Voya Financial Brings Industry-First Legacy Planning to Millions

1. Voya partners with Empathy to offer LifeVault, aiding clients in planning for loss. 2. This collaboration positions Voya as a leader in innovative client support solutions.

2 mins saved
Full Article

FAQ

Why Bullish?

The collaboration enhances Voya's service offerings, potentially attracting new clients. Historically, partnerships that innovate customer service lead to stock price gains.

How important is it?

This collaboration is significant as it reflects Voya’s commitment to innovation which may appeal to a broader client base. New offerings in financial services often correlate with improved growth prospects.

Why Long Term?

The integration of LifeVault could enhance Voya's client retention and acquisition over time, as strong support in difficult times builds customer loyalty.

Related Companies

NEW YORK--(BUSINESS WIRE)--Empathy, the leading technology company transforming how the world plans for and manages life's toughest moments, announced today a collaboration with Voya Financial to offer Empathy LifeVault™ to its clients. Voya is the first financial institution to implement LifeVault, providing policyholders, employees, and beneficiaries an innovative and robust platform for planning ahead. Empathy's most recent annual research report, The Grief Tax, revealed the costs of loss an.

Related News