MTL Insurance, a member of Mutual Trust Financial Group, has selected the ALIS policy administration product from Sapiens International, a provider of insurance software solutions. MTL develops, underwrites and services individual life insurance and annuities. The system will be implemented to administer MTL’s life and annuity business.
Sapiens says using ALIS in a phased-approach project will enable MTL to update its policy administration platform to more efficiently introduce new products, take advantage of the latest technology and provide better service to its policyholders.
“Following an extensive evaluation, we determined that ALIS was best-suited to meet our long-term strategic objectives,” says Steve Batza, Mutual Trust’s president and CEO. “We were impressed with ALIS’s rich functionality as well as the technical architecture which will allow us to develop more efficient processes and substantially improve our speed to market.”
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