Auto-Owners Selects MphasiS-Wyde’s Life/Annuities Solution
End-to-end policy administration system will be implemented by Auto-Owners’ life insurance subsidiary.
Insurance Networking News, January 7, 2013
Auto-Owners Life Insurance Company has chosen MphasiS-Wyde’s Wynsure software as its end-to-end system for life policy issuance and administration, billing, claims and reinsurance.
Auto-Owners Life is a subsidiary of Auto-Owners Insurance Co. located in Lansing, Mich. The company will implement Wynsure for life, health and disability insurance, as well as annuities.
“Wynsure will help us increase speed to market, letting us implement new products and enhancements faster without conventional programming,” said Bob Buchanan, SVP, Information Systems & Technology, and CIO at Auto-Owners Insurance Co. “The Wynsure platform will also help us boost automation and process efficiencies to enhance responsiveness for our independent agents and policyholders.”
“Auto-Owners Insurance is one of America’s largest and most respected insurers, and we’re looking forward to partnering with them,” said Larry Erb, CEO of MphasiS-Wyde-Americas. “Wynsure’s rules-based architecture lets insurers easily customize their products without relying on the vendor or IT staff, so the product is especially well suited for this growing life insurer.”
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