Description
Reliance Matrix consists of Reliance Standard Life Insurance, established in 1907, and Matrix Absence Management, founded in 1998, which have collaborated as sister companies since 1997 to provide integrated insurance and TPA services. As a leading provider of financial protection, absence management, and supplemental health benefits, Reliance Matrix leverages technology to enhance the customer experience. Reliance Standard is responsible for issuing the insurance contracts, while the company also includes First Reliance Standard Life Insurance Company, a subsidiary in New York, and Standard Security Life Insurance Company of New York, acquired in January 2022. As a wholly owned subsidiary of the Tokio Marine Group, Reliance Matrix operates under the immediate corporate parent, Delphi Financial Group, which is based in New York, NY, along with Tokio Marine Group's administrative headquarters in the Americas. The company markets its products and services through independent brokers and agents to employers of all sizes.
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