Life insurance provider WoodmenLife has selected LIDP Consulting Services’ Titanium policy admin suite to replace its legacy systems, the companies announced today.
LIDP’s platform, able to process life, health and annuity products, will enable WoodmenLife to complete its digitalization efforts by upgrading back-office operations while providing real-time updates and support for customer self-service. The key to selection was a successful proof of concept run on WoodmenLife’s universal life product, the companies said.
“We were very impressed with the system’s ability to handle our unique universal life product, which was challenging to find a suitable solution in the marketplace,” said Jerry Smolinski, vice president of business technology at WoodmenLife, in a statement.
Denise McCauley, WoodmenLife’s EVP of operations added, “Not only was the system a good fit for us, but the commitment and expertise of the LIDP staff was also key. We were making a long-term decision and wanted to be sure we selected a technology partner who knew our business and would be there with us every step of the way.”
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