cloudyn.png
Saturday April 10th, 2021 7:02AM

American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Apr 6, 2021--

( ) today announced that Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested in the for eight lines of business.

“By leveraging the FINEOS Platform, we’ll be able to improve user experience with a powerful core system that automates processes which have historically been manual for us,” said , President/CEO of APL. “This partnership will enable us to speed up quote turnaround time, improve accuracy, and reduce risk to drive our organization’s growth and strategic innovation. Our customers will benefit from better service because of our decision to move from on-prem legacy systems to the cloud-based FINEOS Platform.”

This investment comes as APL looks to improve operational efficiency and prepares to roll out three new product lines which they will license the FINEOS Platform for, in addition to five existing lines of business. The cloud-based for New Business & Underwriting automates workflows and decision-making throughout the quoting lifecycle, from request for proposal intake to policy implementation. Modern API service layers provide simplified integration with legacy systems and third-party ecosystems.

“We’re thrilled about this partnership with APL and look forward to supporting them in achieving their organizational goals,” said , CEO of FINEOS. “With the FINEOS Platform for New Business & Underwriting, APL will be able to provide a superior digital user experience at every touchpoint of their quoting, rating and underwriting processes.”

The deal with APL follows a with 10 major carrier clients going live with 8 new installations and 7 upgrades of the FINEOS Platform for Employee Benefits.

For more information about the FINEOS Platform for New Business & Underwriting, please visit .

FINEOS is a leading provider of core systems for life, accident and health insurers globally with 7 of the 10 largest group life and health carriers in the US as well as 6 of the largest life insurers in Australia. With employees and offices throughout the world, FINEOS continues to scale rapidly, working with innovative progressive insurers in North America, Europe, and Asia Pacific.

The provides core administration capabilities including integrated disability and absence management (IDAM), billing, claims, payments, policy administration, provider management and new business and underwriting; all of which are configurable to operate independently or as the leading Employee Benefits end-to-end core administration suite.

For more information, visit .

Founded in 1945, American Public Life Insurance Company (APL) continues expanding the benefits horizon as a leading provider of voluntary worksite benefits with offices in Jackson, MS and Oklahoma City. APL is licensed to conduct business in 49 states with sales through select independent brokers and has a financial rating of “A+ (Superior)” through A.M. Best ( ). For more information, please visit .

View source version on businesswire.com:

CONTACT: Victoria Jamison

Sr Marketing Manager

FINEOS Corporation

+ 353 1 639 9700

[email protected]

KEYWORD: GEORGIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE INSURANCE HUMAN RESOURCES INTERNET FINANCE PROFESSIONAL SERVICES TECHNOLOGY MOBILE/WIRELESS

SOURCE: FINEOS

Copyright Business Wire 2021.

PUB: 04/06/2021 09:10 AM/DISC: 04/06/2021 09:10 AM

http://www.businesswire.com/news/home/20210406005619/en

  • Associated Categories: Associated Press (AP), AP Business, AP Online - Georgia News, AP Business Wire - Georgia, AP Business - Industries, AP Business - Financial Services
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Israeli president picks Netanyahu to try to form government
Israel’s president has asked Prime Minister Benjamin Netanyahu to try to cobble together a governing majority
9:00AM ( 21 minutes ago )
US, Iran expected to begin indirect nuclear talks in Vienna
Efforts to bring the United States back into the 2015 deal on Iran’s nuclear program are to stepping up a gear
9:00AM ( 21 minutes ago )
IMF upgrades forecast for 2021 global growth to a record 6%
The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecasts
8:31AM ( 51 minutes ago )
Associated Press (AP)
The Latest: AP source: All adults eligible for shots sooner
President Joe Biden is set to announce he’s shaving about two weeks off his May 1 deadline for states to make all adults eligible for coronavirus vaccines
8:19AM ( 1 hour ago )
United seeks to build its own diverse pipeline of pilots
United Airlines says it will train 5,000 pilots at its own academy in this decade, and it hopes that half of them will be women or people of color
8:11AM ( 1 hour ago )
The Latest: AP source: Adults eligible for shots April 19
President Joe Biden is set to announce he’s shaving about two weeks off his May 1 deadline for states to make all adults eligible for coronavirus vaccines
7:57AM ( 1 hour ago )
AP Business
Analysis: Results vary in NBA with trades, buyouts
The early results have varied among players acquired around the recent NBA trade deadline or buyouts
2:47AM ( 6 hours ago )
At the Masters, past champions are welcomed back to field
Fred Couples was playing a practice round at Augusta National this week, with the other members of his foursome all sharing a few things in common
2:44AM ( 6 hours ago )
AP source: MLB moving All-Star Game to Denver's Coors Field
Major League Baseball plans to relocate the All-Star Game to Coors Field in Denver after pulling this year’s Midsummer Classic from Atlanta over objections to sweeping changes to Georgia’s voting laws, according to a person familiar with the decision
11:21PM ( 10 hours ago )
AP Online - Georgia News
AP Business Wire - Georgia
The Latest: Montana governor tests positive for COVID-19
Montana Gov. Greg Gianforte has tested positive for COVID-19 a few days after receiving his first dose of a coronavirus vaccine
9:39PM ( 11 hours ago )
The Latest: California to resume indoor events on April 15
California will allow professional sports and other indoor events to resume April 15
8:33PM ( 12 hours ago )
The Latest: Louisiana overpaid $405M in pandemic jobless aid
The Legislative Auditor's Office in Louisiana says the state labor department sent more than $405 million in state and federal unemployment insurance benefits to people who don’t appear to have been eligible for the relief during the pandemic
7:35PM ( 13 hours ago )
AP Business - Industries
GameStop to sell 3.5M shares after stock frenzy boosts price
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer says that it will sell up to 3.5 million of its shares
10:24AM ( 22 hours ago )
Yellen says regulatory panel to look at 2020 market turmoil
Treasury Secretary Janet Yellen says last year’s coronavirus-triggered market turmoil exposed vulnerable areas in the U.S. economy that need to be addressed by the nation’s top-level financial supervisory group
6:33PM ( 5 days ago )
Deliveroo shares slump in UK IPO as investor appetite wanes
Shares of app-based meal delivery service Deliveroo tumbled by as much as a third in their U.K. stock market debut on Wednesday
7:09AM ( 6 days ago )
AP Business - Financial Services
Israeli president picks Netanyahu to try to form government
Israel’s president has asked Prime Minister Benjamin Netanyahu to try to cobble together a governing majority
9:00AM ( 21 minutes ago )
US, Iran expected to begin indirect nuclear talks in Vienna
Efforts to bring the United States back into the 2015 deal on Iran’s nuclear program are to stepping up a gear
9:00AM ( 21 minutes ago )
IMF upgrades forecast for 2021 global growth to a record 6%
The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecasts
8:31AM ( 51 minutes ago )
Serbia's leader chooses Chinese-made vaccine for own shot
Serbian President Aleksandar Vucic has finally rolled up his sleeve for a coronavirus vaccine to encourage his country’s increasingly skeptical citizens to get the shots themselves
8:29AM ( 53 minutes ago )
Capitol officer remembered for humor, paying ultimate price
The 18-year U.S. Capitol Police veteran killed last week in the line of duty is being remembered as a man with a sense of humor who loved baseball and golf and was most proud of being a father of two children
8:28AM ( 53 minutes ago )