The New Jersey benefits administrator sells simplicity to HR teams. Its most revealing product lesson came when slow change requests, split agent screens and siloed reports forced Clarity to simplify itself - and save a reported $100,000 a year.
HealthEquity turned the least glamorous tab in workplace benefits into a three-engine business - and a bid to make health savings as familiar as the 401(k).
Started with $25,000 in Depression-era Waterbury, Webster now runs $80 billion in assets and a national health-savings business - and just agreed to sell itself to Santander for $12.3 billion.