Electronic transformation program by rapid-growing voluntary benefits insurance provider utilizes EIS’ platform to assist a assorted merchandise portfolio and deliver a following-gen distribution and consumer knowledge, with better operational performance
INDIANAPOLIS and SAN FRANCISCO, Nov. 02, 2020 (World NEWSWIRE) — Renaissance Lifestyle & Overall health Insurance plan Enterprise of The united states, a nationwide dental, eyesight, existence, and incapacity insurance policies supplier, and EIS, an insurance core and digital system chief, announce the start of a up coming-technology insurance coverage administration platform to support innovation, growth, and immediate expansion at Renaissance. The new cloud-based system replaces several administrative and score devices to bring item administration collectively underneath 1 program, growing performance and precision when improving upon the customer knowledge.
In the team gains landscape, the desire from brokers and employers for simplified, multi-solution offerings that are also simple to administer is escalating. Renaissance acknowledged the option to leapfrog ahead with a new stop-to-stop system that incorporates all of its products and can help to automate and aid its workflow — from quoting and case set up to billing and claims processing. Partnering with EIS helped push this vital advance and its good results as a multi-line insurance company.
“Growth normally presents prospects to obtain far more productive and effective ways to operate. The EIS alternative allowed us to create an ecosystem unifying our core and electronic operations across many traces of small business. At the exact time, it gives a digital system to help us provide outstanding insurance policies experiences for our brokers, employer teams and members today and into the foreseeable future,” said Robert P. Mulligan, President and Main Government Officer, Renaissance.
The new system will be used for developing new insurance policy merchandise, quoting, enrollment, policy administration, billing, promises, and shopper and broker management. In addition, it will facilitate self-company processes to supply a differentiating level of services and effectiveness.
EIS’ leadership is fired up about the chance to produce a platform that supplies Renaissance with serious solution adaptability and cutting-edge digital working experience abilities.
“Renaissance signifies the wave of the foreseeable future,” stated Tony Grosso, Head of Advertising, EIS. “Renaissance was early to have an understanding of that innovation is tied to achievements in the marketplace and that a new era, open-architecture platform can electrical power the kind of solution and system adaptability and broker- and purchaser-very first engagement that wins new circumstances and drives retention.”
It is a testimony to Renaissance’s motivation to digital transformation that the COVID-19 pandemic accelerated instead than stymied development on the task.
“This transformation application is a higher precedence for Renaissance. So, we were being happy that with the really automatic, cloud-based mostly, and distant supply surroundings delivered by EIS, we did not expertise any slowdown as an affect of the COVID-19 pandemic. In truth, as soon as we had managed our immediate organizational reaction to the pandemic, we were equipped to commit additional sources and boost efficiency, aiding us sustain our projected routine for this considerable initiative,” stated Renaissance Chief Functioning Officer Jeff Kolesar.
“EIS is honored to support Renaissance’s digital transformation initiative,” claimed Alec Miloslavsky, CEO, EIS. “The roll-out was a large undertaking not designed any a lot easier by the pandemic disruption. I am happy of the joint effort and hard work to defeat that disruption and our work helping Renaissance placement alone for the long run of the worker benefits market place.”
Renaissance has deployed the EIS platform’s fully integrated programs, PolicyCore®, BillingCore®, ClaimCore®, CustomerCore™, CustomerCore CEM™, and EIS DXP® to get stop-to-finish business capabilities that assistance electronic enablement at each and every stakeholder touchpoint.
Renaissance Existence & Wellness Insurance policy Company of The usa and its sister organization Renaissance Everyday living & Wellness Insurance policy Organization of New York supply ancillary advantages for employer teams and people nationwide. Dental, eyesight, everyday living and disability insurance coverage comprise the core line of the company’s ancillary advantages solutions. With headquarters in Indianapolis, Ind., Renaissance is targeted on supplying its associates and associates with remarkable merchandise and services. Take a look at www.renaissancebenefits.com, and uncover us on Facebook, LinkedIn and Twitter.
EIS is an coverage software program organization that enables leading insurers to innovate and function like a tech firm: speedy, very simple, agile. Founded in 2008, EIS supplies a platform for significant-velocity coverage. This open, flexible platform of core and electronic answers liberates insurers to accelerate innovation, start items speedier, supply new revenue channels, and develop insurance policy encounters the earth will really like. And with thousands of APIs, the platform gives insurers the flexibility to link to a vast ecosystem of insurtech and rising systems. Headquartered in San Francisco, EIS powers premium growth for P&C and Life insurance organizations around the world. For more facts on how EIS aids insurers turn into unbeatably quick at everything they do, visit EISGroup.com.
EIS: Kevin Haydon
Renaissance: Chris Adams