Securian Financial subsidiary acquires Enspire
Securian Financial announced that its subsidiary, Empyrean Benefit Solutions, has acquired Enspire, an employee communication and engagement platform headquartered in Austin, Texas.
Founded in 2015, Enspire allows employers to combine a variety of employee resources (health benefits, financial benefits, wellness) into one branded app. It is a team of ~37 according to LinkedIn data.
Through the acquisition, Empyrean adds an expanded people-centric dimension to its benefits administration technology and support services. Called +YOU, the new solution integrates Enspire’s employee communication and engagement technology with Empyrean’s benefits administration platform to become a fully customizable and employer-branded people experience – a single front door to an employer’s suite of tools for employee productivity, wellness, communication and benefits.
“This acquisition will accelerate Empyrean’s mission of connecting benefits and enriching lives while helping clients build their own culture through benefits. Enspire and Empyrean’s capabilities are an important part of Securian Financial’s broadening set of solutions for employers’ benefits programs, including group insurance and voluntary benefits as well as enrollment and engagement.” – Sid Gandhi, Securian Financial EVP of Employee Benefits Solutions and Empyrean board chair.