Axis Insurance backs BeniPlus

Employee benefits startup BeniPlus has received a $1.1 million CAD investment from Canadian insurance broker Axis Insurance.

The BeniPlus Wallet combines health/wellness spending accounts, personal insurance, RRSP contributions, and charitable giving into an easy to use interface for small business owners.

The capital will enable BeniPlus to accelerate its growth plans and expand market share.

“With this investment, we are not only endorsing a pioneering approach to employee benefits but also enriching our ecosystem with technology that resonates with our core values. Our partnership with BeniPlus will enable us to address the transactional insurance needs of our clients with greater precision, complementing our existing advisory services.” – Alex Meier, CEO at Axis Insurance.

“Axis Insurance’s leadership and vision aligns very well with BeniPlus and it’s clear that they are the right partner for our next stage of growth. We are both honored and excited to have such a powerhouse team on our side.” BeniPlus CEO, Johann Reandino.