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Monday, May 6, 2024

Securian Canada chooses FINEOS for incapacity administration


Securian Canada is an insurance coverage supplier of life-ready insurance coverage and safety options in Canada.

The FINEOS claims administration resolution will go dwell this fall to help Securian Canada and its incapacity advantages programmes.

As well as, FINEOS is a supplier of end-to-end core software program programs for all times, accident and medical insurance. The platform is goal constructed for the group and supplemental worker advantages market.

“We’re delighted Securian Canada has chosen FINEOS and look ahead to constructing a long-term, mutually helpful relationship,” mentioned FINEOS CEO Michael Kelly. “The FINEOS Platform will assist Securian ship a wonderful buyer expertise and can convey automation and efficiencies to their operations, enabling their employees to maximise their time caring for Canadians within the moments that matter essentially the most.”

“Securian Canada wants a best-in-class associate to help our bold strategic plans within the incapacity area,” mentioned Sharla Postic, SVP insurance coverage operations for Securian Canada. “We consider the FINEOS purpose-built platform and industry-leading capabilities in incapacity claims administration will assist us proceed to boost the bar in offering revolutionary insurance coverage services to our prospects.”

Final yr, Ernst & Younger Enterprise Consultants (EY Eire) and FINEOS shaped an alliance to help digital transformation of insurance coverage carriers.

The tie-up can also be aimed toward positively impacting your entire worker advantages worth chain from insurers and employers to staff, whereas attaining operational efficiencies.

EY and FINEOS have been working collectively on software program implementation for insurance coverage carriers working in life, accident, and medical insurance area.

EY acknowledged that guide processes within the worker advantages area lead to a number of inefficiencies, which may be resolved utilizing digital and analytical options.

The partnership will present insurance coverage carriers with the required options for digital transformation and permit EY groups to construct providers.

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