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MetLife Boosts Leave Solutions Suite With Empathy Tie-Up
ZACKSยท 2025-10-16 17:51
Core Insights - MetLife, Inc. has partnered with Empathy to launch Leave Support, a digital platform aimed at assisting employees during their leave of absence from work [1][9] - Leave Support will be exclusively available through MetLife later this year, guiding employees through the leave process and their transition back to work [2] - The platform enhances MetLife's existing My Leave Navigator solution, providing personalized tools, expert guidance, and resources to improve employee well-being and simplify claims [3] Industry Context - The initiative addresses the growing need for support as many employees take time off for health-related reasons, which can complicate their recovery and return to work [4] - Providing effective support during leave can lead to quicker recovery and a more confident return to work, positioning MetLife to capitalize on this demand [5] Business Impact - The launch of Leave Support reflects MetLife's commitment to enhancing its disability and leave solutions, strengthening its relationship with Empathy, which began with the introduction of Loss Support in 2022 [6] - Integrating Leave Support into its offerings is expected to attract more customers to MetLife's insurance policies, potentially increasing premium revenues, which rose by 3.4% year over year in the first half of 2025 [7] Stock Performance - MetLife's shares have increased by 12.5% over the past six months, outperforming the industry average growth of 9.3% [8]