(Image credit: NASA.)
CUNA Mutual Group has adopted Mphasis Wyde’s Wynsure policy administration system to support growth in the carrier’s international business. Wynsure will initially be implemented for group, worksite and individual products, including life and disability income in the Caribbean market. Mphasis Wyde will oversee implementation, initial training and data conversion support for the solution.
“We strive to serve our customers and exceed their expectations,” comments Paul Treinen, VP, International, CUNA Mutual Group. “With this implementation of Wynsure, we are looking at full end-to-end processing and the ability to reach credit unions and members in a way that is not possible today.”
Implementation of Wynsure will provide CUNA Mutual Group with what the vendor characterizes as a modern, scalable and integrated policy administration system in the Caribbean that will support the full policy life cycle from enrollment to claims while enabling the insurer to adapt to changing market conditions.
“In this time of digital revolution, insurance companies are under constant pressure to transform their operations and processes,” comments Rajesh Makhija, EVP for the Product Portfolio Group and Chief Marketing and M&A Officer, Mphasis. “The technological infrastructure must be agile and flexible to provide competitive advantage; it must allow companies to respond to rapid market changes and evolving customer demands. Our innovative Wynsure solution supported by our integration experts and our global delivery methods will help CUNA Mutual Group, transform their business across the entire insurance value chain.”