Elect aims to give smaller companies access to more competitive rates
This week sees the launch of Mercer Marsh Benefits' new-look website designed for SMEs.
Elect, which offers a range of enhanced benefit solutions, has been designed to give companies access to competitive terms, insight and benefits while reducing complexities in process and administration, Mercer Marsh Benefits said.
Donna Biggs, Principal in Mercer Marsh Benefits, said the service offers access to "the sorts of competitive rates and benefits that were once only available to larger organisations".
Earlier this year, the employee benefits consultancy had warned that the cost of private medical insurance for SMEs is on the rise and suggested that smaller companies were considering cutting back on staff benefits.