Subsequent phases of this large modernization initiative will further support NWL’s objective to design, refine and enhance product and policy services in a nimble, cost-effective implementation environment developed to meet the diverse, changing needs of our distribution force and policyholders.
Designed for quick and easy transformations, Equisoft/manage is a turnkey cloud-hosted (SaaS) solution using well-established, production-ready digital business processes to enable quick and easy transformations. It includes enhanced New Business and self-service portals designed for advisers and customers, along with an industry-leading core administration capability – the Oracle Insurance Policy Administration (OIPA).
“In today’s rapidly evolving marketplace, we need to be proactive and extremely responsive to the needs of our policyholders and agents,” said Greg Owen, SVP & CIO at National Western Life. “Implementing a flexible and scalable policy administration platform with a user-friendly servicing portal was a key component in our strategy. This is the first phase of a multi-phase initiative that will transform NWL’s business into an efficient digital model. We look forward to seeing the successful completion of the entire transformation initiative.”
Headquartered in Austin, Texas, National Western Life Insurance Company offers a broad portfolio of high-quality life insurance and annuity products, providing professional and friendly service to its policyholders and…