Matrix Absence Management and TRISTAR Insurance Group this week announced plans to develop commercial and workers’ compensation services, according to a news release published by Yahoo Finance.
The two companies say the strategic partnership also will allow employer clients to manage employee absence and productivity issues, according to the news release.
As part of the agreement, Matrix’s third-party administrator business will be transferred to TRISTAR on June 1.
Matrix CEO Mark Marsters said in a statement that staff assignments will remain in place and service...
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