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Smart Employee Benefits Inc. ("SEB")

Information Technology and Services · Mississauga, Ontario
Website: www.seb-inc.com

SMART EMPLOYEE BENEFITS INC. ("SEB") SEB is a rapidly growing, publicly traded (TSXV: SEB) technology company whose mission i ... s to apply its own state-of-the-art technology solution: a single-claims adjudication & administration platform (unlike competitors that use multiple platforms to administer & adjudicate claims) to the national healthcare sector's benefits management segment, both public and private, and bring proprietary Benefits Management software to a target market. SEB has been growing steadily, both organically and through acquisitions, with double-digit growth since 2013. From its inception in 2011, SEB has closed 14 profitable acquisitions/joint ventures, including Maplesoft Group Inc. in 2016. These transactions have strengthened SEB’s Health Care Benefits and Technology Divisions, along with SEB's infrastructure and expertise. They also provided access to new clients, and gave SEB offices in Mississauga, Ottawa, North Bay, Regina, Winnipeg, Vancouver, the UAE, India and Australia. SEB now has a steadily growing roster of 200+ active client relationships and 940+ employees, generating sales of $1M+ with over $500M in backlog, annuity contracts & option year contracts. SEB has strategic technology partnerships, with over 15 global companies, including 2 of the largest benefits consultants in the world & one of the largest global insurance companies. SEB has invested over $25M in software & solutions for employer & government-funded benefit programs. Solutions are all cloud-enabled & delivered on a Saas platform, therefore infinitely scalable. Profit margins from the Saas benefits processing business are multiples of its traditional business, with gross margins over 70% of revenue, vs 19% in the traditional business. The Saas unit is poised for major growth and is the primary driver of EBITDA growth in 2018 and beyond. www.seb-inc.com. New website under construction & scheduled to be launched in October, 2017. read more

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