Broadstone and Sovereign Risk Management have partnered to provide an absence insurance solution that combines financial protection, employee wellbeing and engagement.
The solution is designed to help employers manage costs and support employees returning to work. It includes absence insurance for sick pay and temporary staff, preventive wellbeing initiatives to reduce long-term absence, and employee engagement to improve retention. In the education sector, it also offers pupil wellbeing support.
Broadstone and Sovereign Risk Management say the solution helps organisations take a proactive, planned approach to absence and combines coverage with wellbeing support to improve productivity and morale.
Broadstone principal consultant for vertical markets Jamie Burdess says: “Broadstone has partnered with Sovereign Risk Management to deliver a comprehensive, market-leading solution which combines proactive wellbeing support with absence insurance. We’re incredibly excited to bring this solution to new sectors and help our clients navigate cost controls while improving employee engagement and accelerating return-to-work outcomes.”
Broadstone director at sovereign risk management Mark Smith says: “We’re pleased to be partnering with Broadstone to expand the reach of our absence insurance solutions. Their trusted expertise and tailored approach give us confidence that our values are closely aligned.”
