Enwisen Sells Broker Suite to PlanSource

Enwisen today announced that it has sold its suite of communications solutions for benefits brokers to PlanSource Holdings. The move provides PlanSource with communications and decision support tools to compliment its state-of-the-art benefits administration solutions for brokers and their customers ñ and provides additional capital for Enwisen as it solidly establishes its position of leadership in the medium-to-large market workforce communication and portal business.

ìFor the last several years, Enwisenís mission has been to lead the on-demand workforce communications market. With our AnswerSource Workforce Portal suite, weíve now achieved that leadership position. The decision to sell the broker product line allows us to put 100% of our focus and energy in to sales, marketing and R&D for the entire AnswerSource line, including AnswerSource Employee Communications, Benefits Decision Support, Total Rewards Statements, Onboarding and HR Shared Services/Call Center,î said Wally Smith, Enwisenís CEO.

Added Scott Carver, Plansource CEO, ìBy adding these decision support and educational tools to our benefits administration platform, we are uniquely positioned to provide brokers with the most comprehensive benefits management solution designed for small and medium-sized employers in the market today.. It is also incredibly simple and cost effective to install which is what this market has been demanding for some time. These employers are now able to help their employees become more informed benefit customers while reducing the costs associated with managing a myriad of benefit options, through process automation and self service.î

The amount of the sale was not disclosed.