Physicians Mutual, an Omaha-based provider of individual health, life and retirement insurance products, has selected InsPro Enterprise application suite from InsPro Technologies for full administration of their insurance product portfolio.
The technology provider said that the implementation of the system will include the entire InsPro Enterprise suite to consolidate Physicians Mutual’s three existing policy administration systems to a single platform in an InsPro hosted environment.
Physicians Mutual senior vice president and chief information officer Dan Simpson said the system will enable Physicians Mutual to better manage multiple product lines and help the company deploy new products quickly.
"With flexibility in processing and speed to market being key competitive advantages in today’s insurance market, we believe the InsPro solution will enable us to excel at both," Simpson said.
Physicians Mutual Insurance, a subsidiary of Physicians Mutual, offers Medicare Supplement, dental, supplemental health and long-term care insurance. It also provides life insurance coverage and annuities.