Amba leverages wellbeing sale to fund Lumina development

Sustainable and ethical benefits platform

Hemma Visavadia
clock • 1 min read

Amba People has announced it will use funds raised from the recent sale of Amba Care and Wellbeing (Amba C&W) to expand the development of its Lumina employee experience portal.

Lumina offers a range of employee benefits to predominantly the Gen Z and Millennial workforce. Amba C&W were sold to Premier Choice Healthcare last week, covering the assets of Amba's broking division including its employee benefits offering incorporating healthcare insurance, group life and group income protection for corporate clients. Funds from the sale will largely be invested in the development of Amba's ESG marketplace proposition, ‘Lumina Perks', which offers a sustainable and ethical range of products and services for employees. Additional development of the existing Lumi...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Unum UK adds Health Network to Help@hand

Unum UK adds Health Network to Help@hand

Partnership with YoungMinds

Jaskeet Briah
clock 18 June 2025 • 2 min read
Diagnostics rank as most 'essential' employee benefit for businesses

Diagnostics rank as most 'essential' employee benefit for businesses

Benenden Health research

Jaskeet Briah
clock 11 June 2025 • 2 min read
Employee benefits strategy shifting among UK businesses: WTW

Employee benefits strategy shifting among UK businesses: WTW

Businesses looking to improve health benefits

Jaskeet Briah
clock 10 June 2025 • 2 min read