McCamish Systems, an Infosys company specializing in insurance and retirement business process solutions, announced a strategic business alliance with Resonant Software, a life insurance underwriting solution provider.
McCamish expects this partnership to help it and Resonant grow in the life insurance BPO and SaaS market spaces.
VPAS Life, McCamish’s life/annuity policy administration platform used in both BPO and SaaS service models, will be combined with Resonant Software’s Integrated Life Underwriting Suite (ILUS).
Intending to target both the simplified issue and fully underwritten markets, the partnership aims to provide an integrated solution, “from the receipt of the application through policy administration in a BPO or SaaS model,” according to McCamish.
“For our clients and prospects who are writing new business, our alliance with Resonant provides a significant extension of our service solution,” said Gordon Beckham, president and CEO of McCamish. “As we sought a best-of-breed partner in this space, we conducted a thorough market study and were convinced that Resonant’s product offered us the capabilities, configurability and flexibility that would allow us to best serve our clients.”
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