Source: Insuresoft
Insuresoft, a leading provider of insurance policy administration software, today announced that Cincinnati-based Cincinnati Equitable Life Insurance Company has entered into an agreement to develop a policy and claims administration system to support a new life insurance product offering.
The web-based system will provide policy administration, claims, billing, system administration and reporting capabilities to both agency and home office users.
By leveraging the power and flexibility of the Internet, to deliver this new product offering, Insuresoft brings an unmatched efficiency to CELIC, as they can provide their users with secure access to the tools they need to sell and service business from any Internet connection.
"Cincinnati Equitable has had a long and successful partnership with Insuresoft, dating back to 1993 so it is only natural that we would turn to them for assistance with our new product offering," said Peter A. Alpaugh, Chairman of the Cincinnati Equitable Companies. "We look forward to the same high quality, on-time deliveries and personal attention that we've enjoyed with our other Insuresoft projects over the years."
"We couldn't be more pleased with the opportunity to help Cincinnati Equitable continue its business expansion. With our long history and our knowledge of their business, we anticipate a rapid and successful implementation of their latest product offering," said Terry Brown, Vice President of Implementation Services for Insuresoft.