Assurity Life Selects Fiserv’s Illustration Solution

Columbia, S.C. — Fiserv Insurance Solutions, a provider of technology, professional services and strategic sourcing options for the insurance industry, reports that Assurity Life Insurance Co. has selected Life Portraits ES for sales illustrations.

Based in Lincoln, Neb., Assurity focuses on life, disability income, critical illness, long-term care and hospital indemnity insurance, annuities and retirement plans for individuals and small businesses.

Life Portraits ES provides life insurance agents with access to mission-critical business processes for policy placement in a completely electronic environment. The solution provides platform, location and time-independent access to business processes, allowing clients to sell, transact and place business with greater accuracy and in less time. Its open architecture allows for flexibility as the market changes.

“Assurity Life Insurance Co. has an immediate need for a system to support a complex product with a rapid time-to-market,” stated Dennis Pfiffner, SVP - life operations for Life Portraits ES at Fiserv, Columbia, S.C. “With the proven stability and reliability of Life Portraits ES, we are pleased that Assurity not only selected us to fulfill that need but to support their other products, gradually adding all of their individual life and health products in phases. A seasoned insurance and technology staff supports our feature-rich and robust LPES Life illustration product, and their experience and expertise will be leveraged to craft innovative solutions that will help Assurity achieve greater success in the marketplace.”

Source: Fiserv Insurance Solutions

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