Value to SEB

SEB is a technology company with two primary divisions, the Benefits Division and the Technology Division, providing business processes software, solutions and services to corporate and government clients with specialty practices focused on managing group benefit solutions and health claims processing environments. The core expertise of the SEB Group of Companies is managing and reporting on Big Data, including transaction processing in complex global Supply Chain environments. This expertise is uniquely adaptable to the “Benefits” and “Health-Care” industries.

SEB was founded in January 2011 with the acquisition of SES Benefits Inc., a company focused on selling its adjudication technology services to the employee health benefits marketplace. During 2011 and 2012, SEB’s objective was to use the adjudication technology as the backbone to build a fully integrated end to end “Administration – Adjudication – Billing Payment – Reporting” technology platform. This platform would enable a services business model targeting the processing of health benefits in an industry characterized by archaic and inflexible technology infrastructure. While enhancements continue, the core development was completed in fiscal 2013. SEB began its client acquisition strategy in early 2013. The focus is to acquire, make investments in or joint venture with organizations in the benefits industry where the SEB technology platform introduces a significant competitive advantage, both in processing and the capture of revenue previously outsourced.