Tech start-up hibob has teamed up with the UK’s largest insurer, Aviva.
The collaboration is designed to help small and medium sized companies set up their workplace pension schemes.
Launched in 2015, the hibob platform simplifies the auto-enrolment process by enabling companies to automatically use their employee information, assess eligibility and plan costs. It will feed this information directly into Aviva’s online system and from there, a small business owner, or their business adviser, can complete the auto-enrolment journey, with the whole process taking 15 minutes.
Co-founder and CEO of hibob Ronni Zehavi said: “We’re committed to changing the way SMEs manage their people and, in particular, helping businesses set up, administer and engage their employees with the important benefits they provide.
“Collaborating with a brand like Aviva is incredibly important for us. Aviva is one of the most established companies within this sector and yet the team has a hunger and desire to become one of the most modern and innovative businesses out there. We are excited to work and build on this collaboration in the coming months and years to deliver efficient and market leading solutions for our customers.
“Offering a pension is now a legal requirement and by partnering with Aviva we’ll be able to help our clients fulfil their obligations with the minimum amount of hassle.”
Managing Director of Business Solutions at Aviva Andy Beswick added: “We have integrated our systems to make it as easy as possible for SMEs to set up and manage their workplace pension online. Aviva is committed to being a more digital company and we have already made a huge amount of progress in that area. Working with hibob is a natural step for us. They have a great team with huge ambition, are well funded and are already doing incredibly innovative things to help smaller businesses deal with their HR and People Management responsibilities.
“We will set up a workplace pension for companies of all sizes, including those with just one employee, and we have created a simple online application process. hibob clients will be able to send their data to us and set up their workplace pension in just 15 minutes.
“I’m delighted to be working with a really exciting tech start-up which is changing the way small businesses manage their employees. Aviva and hibob share a vision to reduce the complexity of administration so business owners have more time to actually do business. I’m looking forward to continuing this collaboration so we can build systems that really work for SMEs.”