Insurance Technology Featured Article

Andesa Adds Client Portal to ADASTAR Q+ Plan Administration System

October 11, 2012

Andesa Services Inc., a provider of comprehensive, integrated policy administration, plan administration and support solutions for life insurance and annuity carriers and producers, has added a client portal to its ADASTAR Q+ plan administration system, which facilitates the easy download and retrieval of reports and other documents.

Officials with Andesa Services said the portal enables distributors or carriers using the ADASTAR Q+ system to better service their plan administration clients by having the ability to automatically post any BOLI/NQDC report or document,as soon as it is available, to a secure internet portal accessible only by authorized users.

According to company officials, this modern portal technology provides clients of the distributors and carriers with immediate, secure and timely access to those valuable and sensitive reports and documents, eliminating all delays related to direct mail or e-mail distribution.

Company officials said the portal significantly reduces the security risks associated with mailing hard copies or e-mailing electronic versions of reports containing sensitive data.

“We are extremely excited to provide this new service to our clients,” Vince Collier, executive vice president of Andesa, said in a statement.

Collier said it will enable them to streamline their month-end and year-end reporting processes and reduce the time and effort devoted to the creation and distribution of time-sensitive reports for their clients.

“We know the consumers of these reports, such as banks and corporate plan sponsors, will value the speed and flexibility of being able to retrieve their reports the moment they are complete,” said Collier. “This is just one of a number of enhancements planned for our plan administration solution that will enhance our clients’ ability to continually improve their service offerings.”

Back in July, Andesa Services had announced that Lincoln Financial Group, a nationally recognized diversified financial services company, has contracted for the implementation of Andesa’s Participant and Policy Owner Portal System (POPS) to support its executive benefits division.

Andesa’s latest suite of services will enable Lincoln to provide streamlined transaction capabilities, including internet-based enrollment and automated new business submission, as well as providing a way for users to manage policies in a self-service model.




Edited by Braden Becker

Article comments powered by Disqus

Related Insurance Technology Articles

Nominating Committee for 2015 Novarica Research Council Impact Awards Announced

For those on the technology implementation and management side of the insurance industry the research and advisory firm Novarica is no doubt a very familiar one. The company provides information, insights, and perspectives to industry professionals on a variety of topics and hosts the Novarica Insurance Technology Research Council, a moderated knowledge-sharing community of more than 325 senior IT executives representing more than 300 North American insurers. [ Read More ]
11/19/2014

Kofax to Improve Claims Processing for General Insurance and Asset Management Provider

Improving the business processes associated with mission critical insurance interactions is at the top of most insurers' lists regardless of where they are located around the world. An example of the universality of the need to improve such processes through software automation, which not only improves business process efficiency but also reduces costs while improving the customer experience, is a recent announcement from business process automation specialists Irvine, CA-based Kofax. [ Read More ]
11/19/2014

MedeAnalytics Announces Partnership with Wellmark

MedeAnalytics Employer Reporting software provides healthcare providers with cost-analysis and reporting tools they can use to improve plans and better serve customers. MedeAnalytics recently announced that it will be working with Wellmark Blue Cross and Blue Shield to enhance services for insurance recipients in Iowa and South Dakota. [ Read More ]
11/18/2014

Texas Mutual Insurance Company Implements Guidewire Systems

Guidewire Software has recently announced that Texas Mutual Insurance Company has selected Guidewire products to help fulfill specific business needs. Guidewire strives to bring technology to insurers differently than other vendors. Guidewire prides itself on understanding the P/C industry, the challenges involved and insurers' expectations. [ Read More ]
11/17/2014
FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!