Reported about 13 hours ago
Lockton has announced its agreement to acquire Benefits Communication Insourcing (BCI), a company that specializes in benefit communication and enrollment for HR departments. While financial details remain undisclosed, BCI president Ryan Grady expressed excitement about joining Lockton, which is expected to enhance resource access and employee experience. The deal, pending regulatory approval, aims for a smooth integration that maintains service continuity for BCI clients. Lockton reported strong revenue growth of 13% in the last fiscal year, bolstering its capabilities to deliver value to clients.
Source: YAHOO