Top Benefits Administration BPO companies for 2017 | Bizofit Innovation Platform

Top Benefits Administration BPO Companies

Benefits Administration BPO:

A third-party administrator ( TPA ) is an organization that processes insurance claims or certain aspects of employee benefit plans for a separate entity. This can be viewed as "outsourcing" the administration of the claims processing, since the TPA is performing a task traditionally handled by the company providing the insurance or the company itself. Often, in the case of insurance claims, a TPA handles the claims processing for an employer that self-insures its employees. Thus, the employer is acting as an insurance company and underwrites the risk. The risk of loss remains with the employer, and not with the TPA. An insurance company may also use a TPA to manage its claims processing, provider networks, utilization review, or membership functions. While some third-party administrators may operate as units of insurance companies, they are often independent.[citation needed]
Allsec Technologies

Customer Life-cycle Management, Customer support, Tech support, Health Care Service, Anti-money Laundering Services, Financial Processing Services

Fidelity Business Services India Pvt Ltd

IT Development & Support, Business Process Outsourcing (BPO), Implementation, Business Analytics & Research and Support functions.

30-50 USD/hr
CMMi Level 2, BS 7799, Six Sigma
Secova eServices Ltd

Human Resources and Benefits Management services

20-30 USD/hr
SAS 70,HIPAA,ISO/IEC 27001:2005,SSAE 16 Type II
Mercer Consulting (India) Pvt Ltd

Mercer is a leading global provider of consulting, outsourcing and investment services, serving over 25,000 clients worldwide. Mercer consultants help clients maximise the effectiveness of their employee health, welfare and retirement programs, and optimise workforce performance while managing costs. The firm provides customised administration, technology and total benefit outsourcing solutions. Mercers investment services include global leadership in investment consulting, retirement plan design and governance, and multi-manager investment management. Mercers global network of 19,000 employees, based in more than 40 countries, ensures integrated, worldwide solutions for clients who wish to establish global policies and procedures while allowing for the flexibility to accommodate local cultural, legal and regulatory requirements. Its locally based professionals are also available to serve mid-size companies and to address country specific issues and opportunities.

ADP India Pvt Ltd

Ma Foi is Indias # 1 Integrated HR Service Provider, and part of Euro 17.3 Billion Randstad Group.

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Capita Group

Capita Plc (LSE: CPI), commonly known as Capita Group or Capita, is a business process outsourcing and recruitment company headquartered in London, United Kingdom. It is the largest business process outsourcing company in the UK, with an overall market share of 27% in 2009, and has clients in central government, local government and the private sector. It also has a property and infrastructure consultancy division which is the fourth largest multidisciplinary consultancy in the UK. Roughly half of its turnover comes from the private sector and half from the public sector.

Capita is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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