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Sun Life is named a strategic Workday Wellness partner to make benefits easier for employers through enhanced data connectivity

1. Sun Life U.S. partners with Workday Wellness for improved benefits management. 2. APIs will automate data exchange, benefitting HR teams and employers. 3. Real-time insights offered to employers on employee benefits usage. 4. Partnership aims to enhance the overall benefits experience for employees.

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Why Bullish?

This partnership positions SLF for enhanced operational efficiency and client satisfaction, likely leading to increased business and revenue. Historical trends show that strategic partnerships in tech lead to growth, as seen with similar insurance tech collaborations.

How important is it?

This strategic partnership aligns with current market trends in tech-enhanced employee benefits, potentially increasing SLF's competitive edge. Enhanced services could translate to higher client retention and attraction.

Why Short Term?

The immediate integration opportunities with Workday may lead to quicker operational benefits, potentially boosting SLF’s client base and market share in the short term, similar to other successful tech collaborations.

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, /PRNewswire/ -- Sun Life U.S., a leading provider of employee benefits and human resource technology solutions, is now a strategic Workday Wellness partner. Workday Wellness, an AI-powered solution, vastly improves the benefits management experience by offering employers a real-time view into the benefits and wellness programs employees utilize and value most. Sun Life and Workday are building connectors to allow Sun Life to integrate its wellness and benefits offerings, making administration easier for employers who use both providers. "Our goal is to make using our benefits – whether you're the employer or the employee – as simple as possible, while delivering the most value," said Joi Tillman, president, Group Benefits, Sun Life U.S. "As a Workday Wellness partner, we will be able to enhance the benefits experience for everyone by creating a more seamless experience, and enabling better access to benefits and health services." A long-standing Workday partner, Sun Life has developed a broad portfolio of data connection solutions (application programming interfaces or APIs), known as Sun Life Link, which automate benefit data exchanges to and from Sun Life employer clients through the Workday platform. The automation of these tasks gives substantial time back to HR teams so they can focus on the projects and aspects of their job that really matter to them, like engaging with and caring for employees. As a Workday Wellness partner, Sun Life is developing additional APIs that enhance connectivity for employers by integrating more employee data for functions like plan setup, enrollment and eligibility, absence management, EOI (evidence of insurability) and billing. By aligning benefits and wellness program data with other employee data, employees can spend less time managing their benefits, and more time experiencing the support services and health access programs their benefits provide. For more information on Sun Life's work as a Workday Wellness partner, visit: https://sunlife.com/workday-wellness. About Sun LifeSun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2024, Sun Life had total assets under management of C$1.54 trillion. For more information, please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. Sun Life employs more than 8,500 people in the U.S., including associates in our partner dental practices and affiliated companies in asset management. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.). For more information visit our website and newsroom. Media contacts Devon FernaldSun Life U.S.[email protected]781-800-3609 Connect with Sun Life U.S. https://www.facebook.com/SLFUnitedStates   https://www.linkedin.com/company/sun-life-financial  https://twitter.com/SunLifeUS SOURCE Sun Life U.S. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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