FINEOS | Jotup

FINEOS and Securian Canada Achieve Claims Go-Live in Five Months

Retrieved on:

Tuesday, January 9, 2024

Professional Services, Technology, Other Technology, Insurance, Human Resources, Software, Finance, ASX, FINEOS, Disability, FCL, Life, STD, Mental health, LTD, Health insurance

FINEOS Corporation ( ASX:FCL ) announced today that Securian Canada achieved an unprecedented go-live with its claims administration software solution, actively processing disability claims within five months from the start of the project.

Key Points:

FINEOS Corporation ( ASX:FCL ) announced today that Securian Canada achieved an unprecedented go-live with its claims administration software solution, actively processing disability claims within five months from the start of the project.
Last year, Securian Canada chose the FINEOS Platform to manage claims administration for its new short-term disability (STD) and existing long-term disability (LTD) benefits programs.
As of Nov. 1, FINEOS Claims was in production, actively processing claims for Securian Canada customers.
“Securian Canada deployed our industry-standard ‘out-of-the-box’ claims product, achieving a fast and efficient go-live,” said FINEOS CEO Michael Kelly .

FINEOS and Osara Health Partner to Enhance Cancer Care

Retrieved on:

Monday, October 16, 2023

FINEOS , the leading modern enterprise core software for the life, accident and health industry, has forged a partnership with Osara Health , a digital health platform founded by oncologists, to enhance the care experience for individuals dealing with cancer.

Key Points:

FINEOS , the leading modern enterprise core software for the life, accident and health industry, has forged a partnership with Osara Health , a digital health platform founded by oncologists, to enhance the care experience for individuals dealing with cancer.
Osara Health plans to replicate this study in the U.S. market over the coming months.
Our alliance with Osara Health will make sure that doesn’t happen, providing this support for someone with a cancer diagnosis right away,” said Chuck Johnston, FINEOS Chief Marketing Officer.
“At Osara Health, we recognize that patients who actively engage in their health care tend to achieve superior outcomes.

Partners Life Launches Medical Claims on the FINEOS Platform

Retrieved on:

Tuesday, September 5, 2023

Professional Services, Technology, Insurance, Software, Human Resources, Partners Life, FINEOS, Case management (US healthcare system), LISA, TPD, Total permanent disability insurance, Trauma, Life insurance, Health insurance

Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS Platform, as outlined in a new case study .

Key Points:

Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS Platform, as outlined in a new case study .
The move to the cloud-native purpose-built FINEOS Platform enables Partners Life to provide enhanced claims processing, reduced claims leakage, and streamlined user experience to 300,000 Kiwis.
Early last year, Partners Life became the first life insurance company in New Zealand to go live on the FINEOS Platform, replacing its legacy system with FINEOS Claims for life, total and permanent disability (TPD), trauma and income protection.
The second phase of the project, completed this year, brought the component-based capabilities of FINEOS AdminSuite to medical claims at Partners Life through the market-tested, preconfigured FINEOS Life Insurance Solution Australasia (LISA).

icare Moving to Cloud on the FINEOS Platform

Retrieved on:

Monday, September 4, 2023

FINEOS Corporation ( ASX:FCL ), the global leader of group and individual core software for life, accident and health insurance, announced today that Insurance and Care New South Wales ( icare ) will move its Dust Diseases Care Scheme to the FINEOS Platform .

Key Points:

FINEOS Corporation ( ASX:FCL ), the global leader of group and individual core software for life, accident and health insurance, announced today that Insurance and Care New South Wales ( icare ) will move its Dust Diseases Care Scheme to the FINEOS Platform .
This will enable icare to provide a contemporary claims management service to the citizens of New South Wales affected by dust diseases.
The FINEOS solution, which was selected after a procurement process, will utilise cloud services to improve security, privacy and compliance.
FINEOS CEO Michael Kelly said, “FINEOS is delighted to partner with icare to improve customer experience and operational excellence using our modern and proven FINEOS Platform.

FINEOS to Support Guardian’s Absence Management Products

Retrieved on:

Thursday, August 10, 2023

Finance, Professional Services, Technology, Insurance, Software, Policy, FCL, Partnership, FINEOS, ASX, The Guardian Life Insurance Company of America, Mobile phone, Guardian

FINEOS Corporation ( ASX:FCL ) is pleased to announce that The Guardian Life Insurance Company of America (Guardian), a leading provider of employee benefits and financial wellness solutions, will implement the market-leading, purpose-built FINEOS Platform for its absence management products.

Key Points:

FINEOS Corporation ( ASX:FCL ) is pleased to announce that The Guardian Life Insurance Company of America (Guardian), a leading provider of employee benefits and financial wellness solutions, will implement the market-leading, purpose-built FINEOS Platform for its absence management products.
Guardian’s group employee benefits business will leverage four core capabilities within FINEOS AdminSuite – policy administration, customer billing, claims management and integrated absence management – that will complement Guardian’s existing suite of platforms to continually provide a best-in-class customer experience.
“We are excited to enter this important partnership with Guardian, one of the largest mutual insurance companies in the U.S.,” said FINEOS CEO Michael Kelly .
Our integrated platform for core insurance lifecycle processing needs will accelerate and support the enormous opportunity Guardian has to increase their speed to market and elevate their customers’ experience.”
Guardian Head of Group Benefits Jonathan Mayhew said, “Our collaboration with FINEOS will help us strengthen our capabilities and solidify our position as an absence management leader.

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering

Retrieved on:

Monday, July 17, 2023

Technology, Insurance, People with Disabilities, Professional Services, Health Insurance, Software, Physical Therapy, Health, Consumer, FCL, FINEOS, ASX, Life, Automation, Health insurance

FINEOS Corporation ( ASX:FCL ) announced today that Securian Canada has selected FINEOS for its disability management claims administration software solution.

Key Points:

FINEOS Corporation ( ASX:FCL ) announced today that Securian Canada has selected FINEOS for its disability management claims administration software solution.
Securian Canada is a leading insurance provider of innovative, life-ready insurance and protection solutions in Canada.
The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term disability benefits programs.
More than a dozen customers in Canada use the FINEOS Platform, and FINEOS serves 7 of the 10 largest employee benefits insurers in the U.S.
“We are delighted Securian Canada has chosen FINEOS and look forward to building a long-term, mutually beneficial relationship,” said CEO Michael Kelly .

FINEOS Announces GroupTech Connect 2023, Biggest Annual Event for Group and Employee Benefits Ecosystem

Retrieved on:

Tuesday, June 27, 2023

Professional Services, Data Management, Technology, Insurance, Human Resources, Software, Finance, Workforce, Connect, FINEOS, Multimedia, Human, Employee benefits, ITC, Nightclub, Mandalay Bay

FINEOS Corporation announced today that registration is now open for GroupTech Connect 2023, the Group and Employee Benefits industry’s premier one-day conference, on Tuesday, Oct. 31.

Key Points:

FINEOS Corporation announced today that registration is now open for GroupTech Connect 2023, the Group and Employee Benefits industry’s premier one-day conference, on Tuesday, Oct. 31.
Sponsored by FINEOS, GroupTech Connect is a kickoff day offering for attendees of InsureTech Connect (ITC), the world’s largest insurtech event.
“FINEOS is the Group Benefits core system leader with a fierce focus on Employee Benefits and deep understanding of our customers’ opportunities and challenges.
“GroupTech Connect is a can’t-miss event for everyone in the Group Benefits community,” said Bill Harris, Chief Revenue Officer of InsureTech Connect.

U.S. Insurers Update Platforms to Match New Competition

Retrieved on:

Wednesday, June 14, 2023

In an environment of extreme weather and climate change, inflation and related economic disruptions, they are under growing pressure to become more agile.

Key Points:

In an environment of extreme weather and climate change, inflation and related economic disruptions, they are under growing pressure to become more agile.
“Insurers are no longer deciding whether to modernize.
It’s only a question of when and how fast,” said Paul Schreiner, partner and Americas Insurance Industry lead, at ISG.
The 2023 ISG Provider Lens™ Insurance Platform Solutions report for the U.S. is available to subscribers or for one-time purchase on this webpage .

Everest Group recognizes FINEOS as a Leader in Group Life Policy Administration Systems Products

Retrieved on:

Monday, May 8, 2023

FINEOS Corporation ( ASX:FCL ) today announced that the Everest Group positioned FINEOS as a Leader in its “Group Life Policy Administration Systems (PAS) Products PEAK Matrix® Assessment 2023 – North America.” The inaugural report is a data-driven assessment of technology providers’ ability to deliver products successfully and their impact on the market to help business leaders make confident decisions.

Key Points:

FINEOS Corporation ( ASX:FCL ) today announced that the Everest Group positioned FINEOS as a Leader in its “Group Life Policy Administration Systems (PAS) Products PEAK Matrix® Assessment 2023 – North America.” The inaugural report is a data-driven assessment of technology providers’ ability to deliver products successfully and their impact on the market to help business leaders make confident decisions.
“Significant market success for its claims and absence management solutions, and investments in building a robust API library for data transfer across employer portals and enterprise systems have helped FINEOS garner mindshare with group life insurers,” said Vigitesh Tewary, Practice Director, Everest Group.
Leaders identified by Everest Group have proven capabilities, wide acceptance and an extensive footprint in North America.
Last week, FINEOS announced that Aite-Novarica Group placed the company in the select tier of group core system vendors with over 20 clients in its 2023 Impact Report .

Aite-Novarica Group Places FINEOS in Most Exclusive Tier of Policy Administration System Vendors

Retrieved on:

Monday, May 1, 2023

Professional Services, Technology, Insurance, Human Resources, Finance, Software, Software as a service, FINEOS, Life, Policy, FCL, PAS, ASX, Research, Multimedia, LA, Mobile phone

The latest research from Aite-Novarica Group positioned FINEOS as one of the largest suppliers of core administration systems to the North American group insurance market, FINEOS Corporation ( ASX:FCL ) announced today.

Key Points:

The latest research from Aite-Novarica Group positioned FINEOS as one of the largest suppliers of core administration systems to the North American group insurance market, FINEOS Corporation ( ASX:FCL ) announced today.
In their Impact Report: Life/Annuity/Benefits Policy Administration Systems (PAS), the independent analysts placed FINEOS in exclusive company: Group core system vendors with over 20 clients.
View the full release here: https://www.businesswire.com/news/home/20230501005092/en/
Aite-Novarica Group positions FINEOS in most exclusive category of group core system vendors with more than 20 clients in 2023 Impact Report.
“The Aite-Novarica report underscores what we have been working across FINEOS to achieve – the market-leading solution for policy administration systems in North America,” said FINEOS CEO Michael Kelly .