LIDP and SiSi Group Form Partnership for L&A Modernization

The addition of SiSi’s capabities enables LIDP to expand its service delivery capabilities to best serve a rapidly growing customer base of life and annuity carriers seeking to modernize their core systems.

Anthony R. O’Donnell //

(Image credit: Shutterstock.)

LIDP Consulting Services (Woodridge, Ill.), a provider of software solutions and related services designed for the life, annuity and health insurance markets, and Strategic Insurance Systems Initiatives Group (SiSi Group, Dallas), an insurance technical staffing and support firm, have established a formal partnership. The addition of SiSi skills and resources enables LIDP to expand its service delivery capabilities to best serve its rapidly growing customer base, according to a joint statement.

Kimberly Duke, CMO and director of sales, LIDP.

Kimberly Duke, CMO and director of sales, LIDP.

Owing to an increase core modernization activity on the part of life and annuity carriers, LIDP faces more demand for its The Administrator – Titanium Edition (Titanium) solution and legacy conversion, system testing and project management services, according to the vendors.

“We couldn’t have chosen a better partner to work with than SiSi Group, comments Kimberly Duke, CMO and director of sales, LIDP. “We have known the principals for a long time and have worked together on a number of projects over the years. The SiSi Group team knows our system as well as the legacy systems that insurers are looking to migrate from.”

“Formalizing our partnership just made sense and will give our clients even greater peace of mind that even as LIDP continues to grow the experts will still be readily available whenever they need that added level of assistance,” Duke adds.

Continuing a High Level of Service

Joel Conrad, a principal and partner with SiSi Group, characterizes the partnership with LIDP a great opportunity for both companies, as well as their mutual clients. “As a former CIO within the life and annuity business, I have been following LIDP for many years and have always been impressed with how well they support their clients,” Conrad comments. “We appreciate LIDP putting the trust in SiSi Group to act as an extension of their organization to continue that same level of high quality service.”

“The depth and breadth of product functionality within LIDP’s new Titanium policy administrative system is impressive and will most certainly encourage more and more insurers to finally migrate from their legacy environment to LIDP’s truly modern technology platform,” Conrad adds.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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