Prudential's Group Insurance Extends Disability Operations
Thursday, Sep 10,2009, 12:43:10 PM Click:
Prudential Financial, Inc.'s Group Insurance business announced the opening of a disability management services office in Scottsdale, Ariz.
The office expands the company's operations for both absence management and short-term disability services and is expected to be operational by January 2010, according to Lori High, president of Prudential's Group Insurance Business.
"Opening this office in the west highlights our commitment to our disability product and service offering--and our desire to enhance the service we offer to our midwest and west-coast customers," said High. "Scottsdale offers a talented pool of people well suited to the needs of our growing disability operation."
The Company said the expansion is the result of Prudential's growing presence in the disability marketplace and will result in the hiring of approximately 50 employees. The office will be co-located with Prudential Real Estate and Relocation Services. The company currently has disability management offices in Portland, Maine and Roseland, N.J.
"Prudential's committed to helping companies provide disability solutions to their employees. The demand for Pru1Solution--our portfolio of disability products and absence management services -- was a key driver behind our decision to expand," High said. "We offer leave management with our short- and long-term disability products and services to provide a single, seamless solution to meet our customers' needs."
Prudential's Group Insurance business manufactures and distributes a full range of group life, long-term and short-term group disability, long-term care, and corporate and trust-owned life insurance in the U.S. to institutional clients primarily for use in connection with employee and membership benefits plans. Group Insurance also sells accidental death and dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.
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