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CNO Financial Group (CNO) Reports Acquisition of Web Benefits Design Corp.

April 29, 2019 4:52 PM EDT

CNO Financial Group (NYSE: CNO) announced today that it has acquired privately-owned Web Benefits Design Corporation ("WBD"), a leading online benefits administration firm with a best-in-class, proprietary technology platform for employer benefit programs.

WBD offers a full-service, integrated employee benefits administration solution, distributed through a network of independent brokers and a direct sales force. Its cloud-based platform provides companies with a customizable suite of administration, compliance and communications solutions to manage employee benefits programs while delivering a simple and straightforward enrollment experience for employees.

"WBD... More