Business Process Automation for Annuities

For many, plans for a secure retirement include long-term products, such as annuities. Typically, these clients are also policyholders of other insurance types. Because the documents related to this type of client will span various administrative systems, accurate and agile management is crucial to holding a competitive advantage.

However, manual processing makes that difficult. The data and document handling requirements for financial products are unique. Signature and time-sensitive documents are common, and insurance companies find that financial transactions of these kinds compound inefficiencies when processes are paper-based.

IPD Ultera® allows annuity and other financial products providers to stay agile and competitive by aggregating all relevant documents and information from all systems into a single, organized view.