Insurance Software facilitates distinguished claims management.May 15, 2009 -
The Administrator 2009 provides insurance industry professionals with 24/7 real-time policy administration, claim administration, and channel management system that supports all life, health, and annuity products. In addition to J2EE development environment and worksite/group processing, software offers complete support for combination products and living benefits as well as SOA and Web services.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
LIDP Consulting, Inc.
3590 Hobson Road,
Woodridge, IL, 60517
USA
LIDP Announces the 2009 Release of the Administrator
SOA , Web Services, J2EE, Claims, Worksite/Group, Living Benefits and Combination Product Support Highlight the Functionality offered with the 2009 Release of The Administrator, from LIDP Consulting, Inc.
Woodridge, IL -- April 29, 2009 -- LIDP Consulting Services, Inc. announces the availability of the 2009 release of The Administrator. The Administrator is the insurance industry's only 24x7 real-time policy administration, claim administration and channel management system with support for all life, health and annuity products.
2009 Release Functionality Highlights
SOA Environment
Web Services
J2EE Development Environment
Life, Annuity, and LTC Claim Support
Worksite/Group Processing
Living Benefits
Combination Products
The newest release of The Administrator delivers on LIDP's ongoing commitment to the insurance industry and SOA. With the addition of an SOA environment and Web Services, The Administrator is poised to become the cornerstone of any insurance carrier's SOA based environment.
Providing more information to their customers, whether that be the insured, the beneficiary or the agent, has been an on-going goal of our clients
The 2009 release of The Administrator, with support for SOA and Web Services, allows our clients to provide information and services to their customers in new and creative ways. This, along with the newest product innovations, enables our customers to distinguish themselves from their competition.
The Administrator continues to be the most complete life, health and annuity product processing engine available today. The 2009 release of The Administrator includes complete support for combination products and living benefits including Guaranteed Minimum Withdrawal Benefits (GMWB), Guaranteed Living Withdrawal Benefits (GLWB), Guaranteed Lifetime Income Annuities (GLIA) and Stand-Alone Living Benefits (SALB).
One LIDP client, anxious to capitalize on the functionality offered by the 2009 release, took an early release and has already installed it in their environment.
"Providing more information to their customers, whether that be the insured, the beneficiary or the agent, has been an on-going goal of our clients," said Andy Ottens, LIDP's Vice President of Client Services. "The 2009 release of The Administrator, with support for SOA and Web Services, allows our clients to provide information and services to their customers in new and creative ways. This, along with the newest product innovations, enables our customers to distinguish themselves from their competition."
About LIDP Consulting, Inc.
LIDP Consulting, Inc. has provided software and consulting services to the life, health and annuity industry for over 25 years. LIDP specializes in comprehensive administration and channel management solutions and legacy system consolidation.
Contact:
Andy Strevell
LIDP Consulting, Inc.
630-829-7100
email: info(at)lidp.com
http://www.lidp.com
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