Elevate is proud to announce that Brian Strom, the company’s chief technology officer and co-founder, has been honored by Employee Benefits News as one of the top 25 tech innovators in the benefits and human resources sector. This accolade highlights Strom’s significant contributions to modernizing benefits technology.
- Recognition and Award
- Employee Benefits News Excellence in Benefits Program:
- Purpose: Celebrates standout leaders and innovators in benefits and HR.
- Scope: Honors top employers, tech innovators, and advisers in the field.
- Significance: Highlights forward-thinking individuals driving organizational excellence.
- Employee Benefits News Excellence in Benefits Program:
- Elevate and Brian Strom’s Achievements
- Elevate Overview:
- Founders: Brian Strom and Brian Cosgray, established in 2020.
- Platform Features: A modern, cloud-based, API-driven, and AI-enabled benefits administration platform.
- Innovation: Transformed consumer health accounts with cutting-edge technology.
- Brian Strom’s Contributions:
- Technological Advancements: Revolutionized health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs).
- Patents and Innovations: Holds multiple patents, including the first pre-funding solution for HSAs and multi-purse tables.
- Elevate Overview:
- Industry Impact
- Modernization of Benefits Technology:
- AI and Automation: Implemented to enhance user experience and streamline benefit account management.
- Consumer-Friendliness: Improved accessibility and efficiency in managing health benefits.
- Modernization of Benefits Technology:
- Quotes and Reactions
- Alyssa Place: Editor-in-Chief at Employee Benefits News, commended the leaders for their innovation in addressing workforce challenges and advancing workplace benefits.
- Brian Cosgray: Co-founder and CEO of Elevate, praised Brian Strom for his visionary contributions and technical expertise in modernizing benefits technology.
Brian Strom’s recognition by Employee Benefits News underscores his pivotal role in transforming benefits technology through innovation and AI. Elevate continues to lead the way in modernizing consumer-directed benefits, with Strom’s groundbreaking work driving significant improvements in user experience and system efficiency.
