We welcome Governor Herbert’s support of innovation and eliminating unnecessary regulations, but the fact remains that Zenefits is legal under existing Utah law.
Zenefits, the cloud-based HR platform currently under fire from Utah’s insurance commission, has responded to Utah Gov. Gary Herbert’s statement that was made earlier today in response to a story published on Beehive Startups this morning and outrage from Utah’s tech community.
“We welcome Governor Herbert’s support of innovation and eliminating unnecessary regulations, but the fact remains that Zenefits is legal under existing Utah law. Utah’s Insurance Commissioner is stretching the law to ban Zenefits in Utah in order to protect incumbent insurance brokers from online competition,” Zenefits CEO Parker Conrad told Beehive Startups. “To maintain Utah’s reputation as a business and tech-friendly state, we call on Governor Herbert to tell his insurance commissioner to apply the law fairly, and reverse this anti-competitive ruling. Governor Herbert, let Zenefits compete.”
We’ll continue to update this story as it develops.
Published 12/3/2014
