Philadelphia - Mutual of Omaha has implemented COMPASS, an enterprise group benefit administration system from Philadelphia-based SunGard. In 2004 the Omaha, Neb., carrier created a sales force dedicated solely to group life, disability and dental products. It purchased COMPASS in July 2004 to support product development, billing, collections and administration and to help it manage its group life, disability, dental and voluntary insurance offering. COMPASS, a participant recordkeeping and plan administration system, supports a range of plan types, including group pension, group and life disability, individual pension and annuity, and corporate profit sharing.
Source: SunGard
