Iselin, NJ, July 31, 2019 – Another multi-line insurer has selected FAST Insurance Components to support their agency-distributed term, whole life, universal life and annuity products.  The use of FAST will provide flexibility in product design and enable digital engagement to their customers across multiple lines of business. “While launching new products quickly is a major goal, platform consolidation through policy conversion is also an urgent need,” said Casey Klepp, Account Executive. “Divesting themselves from their legacy platform to avoid the cost of an expensive and disruptive upgrade was crucial in their decision to select FAST.” According to Mike Capello, Head of Core Delivery at FAST, “The team was able to get the product fully configured and processed end-to-end utilizing the FAST Insurance Components for new business, underwriting, policy administration and claims. Using FAST’s Core System implementation methodology, the team was able to deliver the fully functioning software and achieve customer acceptance in just six weeks.” Mike added, “We also set up over 750 automated tests that run every day, helping the customer’s continuous testing approach and supporting their integration and conversion efforts.”

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *