{"id":471820,"date":"2021-04-06T09:13:23","date_gmt":"2021-04-06T13:13:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471820"},"modified":"2021-04-06T09:13:23","modified_gmt":"2021-04-06T13:13:23","slug":"american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\/","title":{"rendered":"American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution"},"content":{"rendered":"

<\/p>\n

American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution<\/b><\/p>\n

The cloud-based FINEOS Platform will enable the company to streamline and automate quoting, rating, and underwriting processes.<\/i><\/p>\n

ATLANTA–(BUSINESS WIRE<\/a>)–FINEOS Corporation<\/a> (ASX:FCL<\/a>) today announced that American Public Life<\/a> Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested in the FINEOS Platform for New Business & Underwriting<\/a> for eight lines of business.\n<\/p>\n

\n\u201cBy leveraging the FINEOS Platform, we\u2019ll be able to improve user experience with a powerful core system that automates processes which have historically been manual for us,\u201d said Jerry Horton<\/a>, President\/CEO of APL. \u201cThis partnership will enable us to speed up quote turnaround time, improve accuracy, and reduce risk to drive our organization\u2019s 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.\u201d\n<\/p>\n

\nThis 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 FINEOS Platform<\/a> 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.\n<\/p>\n

\n\u201cWe\u2019re thrilled about this partnership with APL and look forward to supporting them in achieving their organizational goals,\u201d said Michael Kelly<\/a>, CEO of FINEOS. \u201cWith 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.\u201d\n<\/p>\n

\nThe deal with APL follows a year of unprecedented go live success for FINEOS in 2020<\/a> with 10 major carrier clients going live with 8 new installations and 7 upgrades of the FINEOS Platform for Employee Benefits.\n<\/p>\n

\nFor more information about the FINEOS Platform for New Business & Underwriting, please visit https:\/\/www.fineos.com\/market-solutions\/new-business-and-underwriting-solution<\/a>.\n<\/p>\n

About FINEOS Corporation<\/span><\/b><\/p>\n

\nFINEOS 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.\n<\/p>\n

\nThe FINEOS Platform<\/a> 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 FINEOS AdminSuite<\/a> the leading Employee Benefits end-to-end core administration suite.\n<\/p>\n

\nFor more information, visit www.FINEOS.com<\/a>.\n<\/p>\n

About American Public Life<\/span><\/b><\/p>\n

\nFounded 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 \u201cA+ (Superior)\u201d through A.M. Best (www.ambest.com<\/a>). For more information, please visit ampublic.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210406005619\/en\/<\/a><\/span><\/p>\n

\nVictoria Jamison
\n
Sr Marketing Manager
\n
FINEOS Corporation
\n
+ 353 1 639 9700
\n
victoria.jamison@fineos.com<\/a><\/p>\n

KEYWORDS:<\/b> Georgia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Insurance Human Resources Internet Finance Professional Services Technology Mobile\/Wireless<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution The cloud-based FINEOS Platform will enable the company to streamline and automate quoting, rating, and underwriting processes. ATLANTA–(BUSINESS WIRE)–FINEOS Corporation (ASX:FCL) today announced that American Public Life Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested in the FINEOS Platform for New Business & Underwriting for eight lines of business. \u201cBy leveraging the FINEOS Platform, we\u2019ll be able to improve user experience with a powerful core system that automates processes which have historically been manual for us,\u201d said Jerry Horton, President\/CEO of APL. \u201cThis partnership will enable us to speed up quote turnaround time, improve accuracy, and reduce risk to drive our organization\u2019s growth … <\/p>\n

Continue reading “American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471820","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAmerican Public Life Signs Deal with FINEOS for New Business & Underwriting Solution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution The cloud-based FINEOS Platform will enable the company to streamline and automate quoting, rating, and underwriting processes. ATLANTA–(BUSINESS WIRE)–FINEOS Corporation (ASX:FCL) today announced that American Public Life Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested in the FINEOS Platform for New Business & Underwriting for eight lines of business. \u201cBy leveraging the FINEOS Platform, we\u2019ll be able to improve user experience with a powerful core system that automates processes which have historically been manual for us,\u201d said Jerry Horton, President\/CEO of APL. \u201cThis partnership will enable us to speed up quote turnaround time, improve accuracy, and reduce risk to drive our organization\u2019s growth … Continue reading "American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T13:13:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210406005619r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution\",\"datePublished\":\"2021-04-06T13:13:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/\"},\"wordCount\":576,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210406005619r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-public-life-signs-deal-with-fineos-for-new-business-underwriting-solution\\\/\",\"name\":\"American Public Life Signs Deal with FINEOS for New Business & Underwriting Solution - 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