Innovative Leadership: Elevate's Brian Strom Recognized
Elevate's Brian Strom Recognized for Technical Excellence
Elevate has announced that Brian Strom, the company’s chief technology officer and co-founder, has been honored as one of the 25 leading tech innovators in the benefits and human resources sector. This recognition is a testament to his impactful contributions to the industry.
About the Honors Received
The Excellence in Benefits awards, presented by the respected publication Employee Benefits News, aim to celebrate leaders who are effecting positive change within the benefits and HR community. This year marks the program's fourth annual iteration, which shines a spotlight on pioneering figures like Strom, who are committed to enhancing benefits through innovative technology.
Transforming the Benefits Administration Landscape
Under Strom’s leadership, Elevate has emerged as a modern consumer-directed benefits administration platform founded in 2020. The innovative platform is distinguished as the first of its kind to be completely cloud-based, API-driven, and AI-enabled, bringing significant modernization to the outdated systems that have burdened benefits administration.
Recognizing the Impact of Innovation
Strom's recognition is particularly noteworthy as he has played a pivotal role in transforming health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), making them faster and easier for consumers. His dedication to technological advancement is exemplified by his multiple patents, which include groundbreaking solutions for pre-funding HSAs and new table designs for multi-purse accounts.
Elevate's CEO Acknowledges Team Efforts
Brian Cosgray, Elevate's CEO and co-founder, expressed his pride in the team's ability to infuse modern technology into an industry that heavily relied on antiquated systems. He emphasizes how Strom's vision has been key to their success in introducing artificial intelligence and automation to enhance the user experience in benefits management.
Celebrating Multiple Achievements
Alongside his fellow honorees, Strom will be celebrated at the upcoming EBN's BENEFITS AT WORK conference, where professionals from various renowned companies will also receive accolades, highlighting the collaborative spirit within the industry. Recently, Elevate was also awarded the prestigious 2024 Tech Award for AI Innovations in Employee Benefits by Lighthouse Research & Advisory, marking another milestone in its impactful journey.
About Elevate
Elevate distinguishes itself by being a fully integrated, real-time benefits account management platform offering services from health savings accounts to health reimbursement arrangements. This all-encompassing platform aims not only to simplify benefits administration but also to foster collaborations with professional employer organizations (PEOs), third-party administrators (TPAs), and health plans. The company's mission aligns with the evolving needs of employers and employees alike.
Frequently Asked Questions
What recognition did Brian Strom receive?
Brian Strom was awarded as one of the Outstanding Tech Innovators by Employee Benefits News.
What is Elevate known for?
Elevate is known for being the first fully cloud-based, API-driven, and AI-enabled consumer-directed benefits platform.
When will Brian Strom and his fellow honorees be recognized?
They will be recognized at EBN's BENEFITS AT WORK conference.
What is the main focus of Elevate?
Elevate focuses on modernizing benefits technology to improve user experience and streamline service delivery.
What awards has Elevate received recently?
Elevate received the 2024 Tech Award for AI Innovations in Employee Benefits.
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