LifePRO

With 50 clients and 80 conversions, LifePRO™ is the mostly widely deployed policy administration system in North America for life, annuities, and supplemental health products.

Along with the Life Digital Suite (LDS™) for new business and automated underwriting, carriers can have a complete end to end solution

Platform + People + Process = Success for the Future

• Lowest TCO – Complete out-of-the-box functionality results in dramatically lower TCO
• Highest ROI – Broad LOB support means investment produces perpetual returns
• Fastest Time to Market – Implementations possible in as little as 90 days
• Rules Configuration is completed by Business Users in the core policy administration system, no programming or scripting languages required. Setup time is measured in hours not days or weeks. LifePRO™ offers pre-defined template capabilities and an extensive library of ready to implement product rules.
• Key domain experience across life insurance, health insurance, and annuities
• Market Leading Install Base – More than 47 customers using solution
• Comprehensive Functionality – Recognized as having both broadest and deepest functionality
• Committed Investment - for next generation of LifePRO™ simplifying integration, increasing user productivity, and expanding business insights
• Multiple Delivery Models to Support Clients – On premise, Hosted, BPO, TPA, Cloud
• TPA Models utilizes LifePRO™ for Policy Administration servicing
• Low Risk – Only solution in the market with 100% implementation success, never a failed implantation

The LifePRO™ solution is ideal for carriers seeking solutions to the following business challenges:

• Need the ability to launch products quickly
• Want to expand their portfolio into new products (LifePRO™ supports a broad range of life insurance, annuity, and supplemental health products)
• Need to simplify their policy administration footprint
• Want to reduce administration costs for an existing block of business

Digital First Solution

Product Flexibility on a Single Platform

• Extremely broad range of Life, Health and Annuity products
• Individual, Group and Worksite products
• Creative combinations such as LTC /Annuity Combinations

Industry acknowledged breadth of functionality

• End to end journey from client acquisition through claims
• e-App and flexible rules engine
• Flexible agent compensation support
• Multi-company support

Flexible Integration

• Extensive array of 375+ services including policy Illustrations and Re-projections
• DataMart strategic integration platform enables ease of integration and analytics support.
• Agent & Customer Portals

Vibrant & Engaged Customer Community

• Active customer base contributes to overall product evolution
• Industry recognized leading customer base

Upgrade Path for Long Term Success

• Base system strategy allows customers to stay current and take advantage of continued product evolution

A Proven Partner

• 80+ successful conversions
• EXL brings the ability to leverage capacity and experience in analytics, robotics, consulting to guide clients on their digital journey

Highlights of the many new features in LifePRO™ latest release include:

• Digital Claim Capabilities - New web services to enable end-to-end integration for the administration of life claims.
• User Experience Customization - Additional features to support user experience customization.
• Group Onboarding & Servicing – New methods to track group data and new integration web services.
• Expanded Quoting Options - New user experience and integration services for a variety of quoting options.
• Enhanced Digital Servicing - Enhanced UI and integration services for many additional transactions.
• Product Configuration Flexibility - New tools to streamline product introduction and enable rapid deployment.

Out of the box support for a broad set of life, annuity, and health insurance products, end-to-end for customer acquisition, servicing, claims and analytics

• Digitally enabled to support STP and self service
• Committed Investment for Next Gen LifePRO™ simplifying integration, increasing user productivity, and expanding business insights
• A market leading customer base fully engaged in platform strategy and direction
• Deep and broad functional capabilities in a flexible deployment module; On Premise, Hosted, Cloud, TPA