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Securian Canada (Toronto) has selected FINEOS (Dublin) for its disability management claims administration software solution. Securian Canada, a division of Securian Financial in St. Paul, Minn., is a provider of insurance and protection solutions in Canada. The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term disability benefits programs, according to a FINEOS statement.
FINEOS provides end-to-end core software systems for life, accident and health insurance. The FINEOS Platform is purpose-built for the group and supplemental employee benefits market, according to the vendor. More than a dozen customers in Canada use the FINEOS Platform, and FINEOS serves 7 of the 10 largest employee benefits insurers in the U.S.
“We are delighted Securian Canada has chosen FINEOS and look forward to building a long-term, mutually beneficial relationship,” comments Michael Kelly, CEO, FINEOS. “The FINEOS Platform will help Securian deliver an excellent customer experience and will bring automation and efficiencies to their operations, enabling their staff to maximize their time caring for Canadians in the moments that matter the most.”
Raising the Bar on Innovation
“Securian Canada needs a best-in-class partner to support our ambitious strategic plans in the disability space,” says Sharla Postic, SVP Insurance Operations, Securian Canada. “We believe the FINEOS purpose-built platform and industry-leading capabilities in disability claims administration will help us continue to raise the bar in providing innovative insurance products and services to our customers.”