|[March 19, 2013]
DocPoint Solutions Automates Insurance Workflow Processes for Legal & General America
FULTON, Md. --(Business Wire)--
DocPoint Solutions, Inc. (www.docpointsolutions.com),
an affiliate of Quality
Associates, Inc. specializing in consultation and architecture
planning and design for Microsoft (News - Alert)® SharePoint® and its integrated suite
of products, today announced the successful "go live" of an
enterprise-wide solution automating insurance workflow processes for
Legal & General America, Inc. (LGA)1, a nationally
recognized market leader in the individual life insurance market. The
company, which is headquartered in Frederick, Md., ranks seventh in the
United States for new coverage issued2 and reported net
income of $149.4 million and assets of over $5.7 billion in 2011.3
LGA is a member of the London-based Legal & General Group, PLC.
DocPoint Solutions submitted the successful bid to automate LGA's
reinsurance workflow among a highly competitive field. From contract
signature to deployment, DocPoint required fewer than 90 days. Even
prior to "go live," LGA recognized the solution's far-ranging
enterprise-wide applications and sought to use its capabilities in a
more comprehensive way. LGA estimates that reinsurance treaty use
ultimately will comprise less than 2% of the solution's overall usage.
Current planning calls for automation of the workflows for marketing,
product implementation, risk management, finance, audit and more.
Rajesh R. Krishnan, Assistant Vice President of Application Development,
LGA said, "We sought to simplify and standardize work accomplishment
with automated workflows that assure documents undergo all required
approvals in a timely fashion, comply with strict audit requirements,
create audit trails and are maintained in one secure place accessible
only by authorized personnel. DocPoint Solutions offered an attractive
Microsoft productthat facilitated staff transition to automation.
Moreover, DocPoint took the time to analyze and understand our business
requirements first and then design a solution that is responsive to our
needs. The DocPoint design is flexible enough to accommodate other new
workflows, future growth and any changes to existing business processes."
Michael Ratigan, Vice President of Sales, DocPoint Solutions, said,
"Like many major corporations, individual LGA departments were tracking
documents and their approvals in various ways. Absent a common approach,
keeping track of versioning and approvals was far more complex than it
needed to be. The versatility of the SharePoint platform enabled us to
deliver an electronic process that not only responded to the initial
reinsurance department needs, but also could accommodate distinctly
different workflows and approval cycles across the enterprise."
Ratigan continued, "We see our primary role as consultant and trusted
advisor. As a company we seek to match customer business requirements to
technology rather than forcing companies to adapt to out-of-the-box
solutions. Our unparalleled product knowledge and strong partner network
gives DocPoint Solutions the decided edge in building a growing base of
satisfied enterprise-class customers."
About DocPoint Solutions, Inc.
DocPoint Solutions is a Microsoft Partner with Gold Competency
specializing in implementing, training and supporting Microsoft
SharePoint and its integrated product suite. With a focus on ECM
capture, DocPoint provides comprehensive consultative services and
support to a wide range of federal, state and local governments as well
as private and commercial enterprises. DocPoint is an approved
SharePoint Deployment Planning Service Provider.
By combining state-of-the-art solutions with document management
expertise and innovative systems design and integration approaches,
DocPoint Solutions helps clients attain greater effectiveness and
productivity. The company is located in the heart of the Washington,
D.C.-Baltimore technology corridor in Fulton, Maryland. For more
information, call 301-490-7725; visit www.docpointsolutions.com;
or join the conversation on Facebook,
1 Legal & General America life insurance products are
underwritten and issued by Banner Life Insurance Company, Urbana, MD and
William Penn Life Insurance Company of New York, Garden City, NY. Banner
is licensed to do business in 49 states and the District of Columbia.
William Penn does business exclusively in New York; Banner does not
solicit business there.
2 Year-end 2011 LIMRA study; rankings based on survey
3 GAAP consolidated basis for year ending 12.31.2011.
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