Holon (Oct. 30. 2019) \u2013 Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, is pleased to announce that Equitable Life of Canada<\/span> has launched Sapiens UnderwritingPro for Life & Annuities<\/a> (formerly known as StoneRiver LifeSuite).<\/p>\n Equitable Life, a mutual life insurance company since 1920 that is based in Ontario<\/span>, expects that this go-live will modernize its new business processes, including task automation. The company plans to significantly decrease turnaround times via UnderwritingPro, a web-based solution for automated underwriting and new business case management.<\/p>\n \u201cAfter an extensive vendor and solution search, we selected Sapiens UnderwritingPro for its superior functionality, client references, depth of experience with Canadian life insurance companies and technical expertise,\u201d said Karen Mason<\/span>, Equitable Life\u2019s senior vice-president of Individual Insurance. \u201cThe ability to configure UnderwritingPro for our specific rules and processes, as well as the straight-through processing and system integration, will streamline our business.\u201d<\/p>\n Equitable Life anticipates a significant number of process improvements, new capabilities and cost savings, resulting in higher advisor satisfaction and faster turnaround times. Process improvements include automated ordering of underwriting requirements data and immediate approval on qualified insurance plans.<\/p>\n \u201cSapiens is pleased that our robust underwriting solution continues to help North American carriers modernize their businesses,\u201d said Roni Al-Dor<\/span>, Sapiens\u2019 president and CEO. \u201cIt\u2019s been a pleasure working with Equitable Life, one of the true leaders in the competitive Canadian market.\u201d<\/p>\n Sapiens UnderwritingPro for Life & Annuities is part of Sapiens Platform for Life & Annuities<\/a>. UnderwritingPro speeds new business processes for insurance carriers and their channels, offering an intuitive user interface with critical updates and task assignments provided on a real-time dashboard. The solution enables underwriters and case managers to work on multiple cases simultaneously.<\/p>\n Canadians have turned to Equitable Life since 1920 to protect what matters most. We work with independent advisors across Canada to offer individual insurance, savings and retirement, and group benefits solutions to meet your needs.<\/p>\n Equitable Life is not your typical financial services company. We have the knowledge, experience and ability to find solutions that work for you. We\u2019re friendly, caring and interested in helping. The Company is owned by our participating policyholders, not shareholders, allowing us to focus on your needs and on providing you with personalized service, financial protection and peace of mind.<\/p>\n For additional information, visit www.equitable.ca<\/a>.<\/p>\n Sapiens International Corporation (NASDAQ and TASE: SPNS)<\/em> empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers\u2019 compensation and financial markets. With more than 35 years of experience delivering to over 450 organizations globally, Sapiens has a proven ability to satisfy customers\u2019 core, data and digital requirements. For more information, visit www.sapiens.com<\/a>.<\/p>\n SOURCE: Sapiens International Tags: Equitable Life<\/a>, Life & Annuity<\/a>, platform<\/a>, Sapiens<\/a> Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" One of Canada\u2019s largest mutual life insurance companies will modernize its new business processes with automation, via Sapiens UnderwritingPro for Life & Annuities Holon (Oct. 30. 2019) \u2013 Sapiens International Corporation, a leading global provider...<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17381"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=17381"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17381\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=17381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=17381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=17381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}About Equitable Life of Canada<\/b><\/h4>\n
About Sapiens<\/b><\/h4>\n
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