AIG Benefit Solutions Chooses MphasiS Wyde's Wynsure Software to Administer
Group and Worksite Life, Disability and Accident Insurance
MINNEAPOLIS, MN -- (Marketwired) -- 07/09/13 -- AIG Benefit
Solutions, the group benefits unit of American International Group
(AIG), has licensed Wynsure as its policy administration, billing and
customer-service system. Wynsure software is owned and developed by
the international technology vendor MphasiS Wyde.
Wynsure will handle underwriting and end-to-end administration
processes. An advanced portal will offer extensive self-service
functions for producers, employers, employees and employee benefits
"We chose MphasiS Wyde as our implementation partner because Wynsure
has a significantly better toolset and functionality than competing
products," said Lorena Weaver, Chief Information Officer of AIG
Benefit Solutions. Wynsure's out-of-the box functions and tools will
support AIG Benefit Solutions' aggressive implementation schedule.
The system will provide extensive functionality for a wide range of
products and services, including core and voluntary group life,
accidental death and dismemberment along with business travel
accident, short- and long-term disability, and worksite products such
as Accident and Critical Illness insurance.
"AIG Benefit Solutions has a long tradition of providing innovative
products and services to a wide range of employers and affinity
groups, and we're gratified we've been chosen to provide the
technology that will help them grow sales, boost earnings and improve
efficiency," said MphasiS Wyde's Chief Executive Officer of the
Americas, Larry Erb.
About MphasiS Wyde
Headquartered in Minneapolis, Minnesota, with a modern research and
development center in Paris, France, MphasiS Wyde has deployed
Wynsure, a proven software platform, at many of the leading insurance
carriers in North America and Europe. Wynsure is a multi-language,
multi-currency, easily customizable software product that offers
policy administration, claims and billing solutions across life and
annuities, disability, health, and property and casualty insurance.
Wynsure can be deployed at an insurance carrier for one or multiple
lines of business as a complete end-to-end solution. MphasiS Wyde has
over 200 employees who possess significant domain expertise. To learn
more about Wynsure visit www.wynsure.com.
MphasiS is a $1 billion global service provider, delivering
technology-based solutions to clients across the world. With more
than 37,000 employees, MphasiS services clients in banking and
capital markets, insurance, manufacturing, communications, media and
entertainment, healthcare and life sciences, transportation and
logistics, retail and consumer packaged goods, energy and utilities
and government around the world. Our competency lies in our ability
to offer integrated service offerings in applications, infrastructure
services and business process outsourcing capabilities we are
uniquely positioned to offer. To learn more about MphasiS visit
American International Group, Inc. (AIG) is a leading
international insurance organization serving customers in more than
130 countries and jurisdictions. AIG companies serve commercial,
institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In
addition, AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is listed
on the New York Stock Exchange and the Tokyo Stock Exchange. Web:
Director, Product Marketing
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