Original article appeared in Insurance Innovation Reporter April 2021
This investment comes as APL seeks to improve operational efficiency and prepares to roll out three new product lines which they will license the FINEOS Platform for, in addition to five existing lines of business, according to a vendor statement. The cloud-based FINEOS Platform for New Business & Underwriting automates workflows and decision-making throughout the quoting lifecycle, from request for proposal intake to policy implementation. Modern API service layers provide simplified integration with legacy systems and third-party ecosystems.
Superior Digital Experience
“We’re thrilled about this partnership with APL and look forward to supporting them in achieving their organizational goals,” comments Michael Kelly, CEO of FINEOS. “With the FINEOS Platform for New Business & Underwriting, APL will be able to provide a superior digital user experience at every touchpoint of their quoting, rating and underwriting processes.”
By Anthony O’Donnell, Executive Editor of Insurance Innovation Reporter.
See Press Release for more information.