Cressey & Company and Guardian Life Announce Partnership to Accelerate Growth for Guardian Subsidiary, Avēsis

Objectives:

Work with Guardian, Cressey and Avesis Leadership to identify all activities necessary to make Avesis a standalone entity. Disentangle all shared services, transfer personnel and support requirements of C-Suite leaders of Avesis. Manage the implementation of the Transition Services Agreement to completion.

Role We Played: Transition Management Office representing Guardian - Oversaw all transition service obligations; Facilitated completion of the TSA; Stood up an SMO with Governance overseeing transition costs, priorities and escalations. Prepared Guardian board members on progress, issues and recommendations monthly. Attend monthly Avesis corporate financial reviews. Negotiated deliverables and transition plans; Identifed and resolved inter-company dependencies; On-board/off-boarded assets, Guardian people pegged to switch over to Avesis. Ensured day to day activities run without interruption. Support where needed, any Guardian services that Avesis relied upon during the transition to run their Government and Commercial Dental/Vision businesses.

Lead: Albert Eng