Toronto-based Benecaid Health Benefit Solutions Inc., said Thursday it has concluded an agreement with Quebec City-based SSQ Financial Group as the primary insurance provider for the group health benefit plans under its administration.

Benecaid administers health benefit programs for Canadian small businesses.

“Benecaid is excited to build on our relationship with SSQ. SSQ’s expertise in the benefits area and their financial stability will give us a greater opportunity to serve the Canadian entrepreneurial market with new and innovative solutions,” said Marla Schwartz, president of Benecaid.

Benecaid is focused on providing entrepreneurs with administration for their health benefit offerings that fit the needs of their employees, their business and themselves.

The relationship with SSQ will enable Benecaid to expand on its current product offerings which will better suit the evolving needs of clients.