According to MajescoMastek, Wawanesa Life’s goal is to replace its current multiple legacy mainframe systems environment with a more modern, streamlined technology platform. Wawanesa Life selected the Elixir solution because of its ability to meet the carrier's end-to-end objectives of straight-through automated processing, reduced product development time and enhanced customer service.
MajescoMastek claims that Elixir North America will help Wawanesa Life in several areas of processing, including the ability to administer individual life and annuity products on a single platform; automate current manual processes; quickly develop new products; lower the total cost of ownership; and offer additional web service capabilities to agents and policyholders.
