Zurich invests in Onsi to power the future of employee benefits
Zurich has made a strategic investment in Onsi to forge a future-focused cooperation in the employee benefits market. This investment allows Zurich to combine its vast expertise, global presence, and diverse offerings in employee benefits with Onsi’s innovative platform capabilities. Together, they aim to transform employee benefits from traditional protection to a personalized experience that meets the needs of a changing workforce.
The collaboration will enable Zurich to introduce a digital and human-first approach to employee benefits for its customers and partners. This will provide the workforce with access to tailored products and services that empower individuals to enhance their financial protection and personal resilience.
“This marks a pivotal moment for Onsi as we work together with Zurich to reshape the future of employee benefits. We are poised to create a game-changing experience for employers and their workforce. By creating a more personalized and intuitive approach to benefits, we aim to empower individuals to make informed decisions, enhance their financial resilience, and succeed in the rapidly changing future of work.
Anthony Beilin, CEO of Onsi.
The cooperation will be supported by an equity investment from Zurich into Onsi, aimed at fuelling growth, innovation, and international expansion.
“Complementing Zurich’s existing offerings for our corporate customers, this partnership underscores Zurich’s commitment to a human-first approach to employee benefits—one that fosters personalization and empowerment to better protect and support our customers and the workforce to thrive.”
Wendy Liu, CEO of Zurich Integrated Benefits & International Life
About Onsi:
Onsi is a platform that transforms benefits into seamless digital experiences. With a range of innovative solutions in payments, rewards, and insurance, they are on a mission to enhance people’s financial resilience. Onsi is the trade name of Collective Group Holdings Limited.
About Zurich:
Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.
Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.
The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.
