Columbian Financial Group (CFG) has expanded on its deployment of the ALIS Policy Administration System, created by FIS Software Inc., a provider of enterprise-level, end-to-end policy administration systems for life, annuity, pension and health products.
FIS says that, since the initial “go live” in December 2008 with CFG’s single-premium whole life product, the ALIS platform now is used to sell and administer CFG’s single-pay and multi-pay pre-need insurance, a new universal life product and its final expense product. The project included the successful conversion of a block of about 170,000 policies, and ALIS also is being used to manage CFG’s 40,000-plus independent agents, according to FIS.
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