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Benefits December 7, 2006
ExcellerateHRO Snags BoA's Benefits Admin in Canada, Ireland
December 7, 2006 (PLANSPONSOR.com) - Bank of America
signed a five-year deal to outsource its benefits
administration services operation in the UK, Ireland and
Canada to ExcellerateHRO.
Reported by Adrien Martin
The fledgling company ExcellerateHRO had already gained Bank of America’s UK business, but has now expanded that contract and added services for associates in Ireland and Canada, according to a press release from ExcellerateHRO.
Fidelity already handles the financial services giant’s
benefits business in the US (See
Bank of America, Fidelity Ink Outsourcing
Deal
).
The latest agreement will bring the number of employees to
whom benefits plan services will be delivered to more than
10,000 in those three countries.
“We are delighted that Bank of America has chosen to expand
its relationship with ExcellerateHRO,” said Kathryn Kelly,
ExcellerateHRO president, in the press release. “We look
forward to serving the needs of Bank of America associates
with our innovative technology solutions and best-in-class
service offerings.”
More information about ExcellerateHRO is here .