Latest news with #FINEOS
Business Wire
29-05-2025
- Business
- Business Wire
Medavie Blue Cross Leads Digital Transformation in Disability Business with FINEOS Platform
ATLANTA--(BUSINESS WIRE)-- FINEOS Corporation (ASX:FCL) announced today that Medavie Blue Cross, a leading benefits provider for health, drug and disability insurance, has successfully commenced managing Individual Life and Disability Claims on their existing FINEOS Platform. In consolidating both Individual Life and Group Life & Disability claims on a single, unified platform, Medavie Blue Cross will further strengthen its operational excellence and customer-centric service. By consolidating on the FINEOS Platform, Medavie Blue Cross is driving operational excellence, empowering teams, and reimagining the claims experience for clients across Canada. Share Speaking about the go-live, FINEOS CEO, Michael Kelly, said, 'Medavie Blue Cross has been leading the way in Group Disability claims management with FINEOS. Expanding to include Individual Life claims in one platform marks a significant milestone, demonstrating our shared commitment to innovation, operational efficiency and a seamless customer experience.' Rebecca Smith, Director, Life & Disability Services at Medavie Blue Cross, noted, 'We're excited about the possibilities this opens up for our organization and our clients. By unifying our claims management system, we're not just improving efficiency; we're reimagining the entire claims experience and empowering our talented team to deliver exceptional service. This transition reinforces our position as an industry leader in disability management and in embracing digital transformation to set new standards.' About Medavie Blue Cross Medavie Blue Cross is a leading all-in-one private health insurer and Canada's largest private administrator of federal and provincial government-sponsored health programs. We manage and insure health benefits for nearly 1 in 10 Canadians and provide timely access to quality health care through a comprehensive suite of innovative products and services. Together with Medavie Health Services, a national leader in primary health care solutions and Canada's largest contracted provider of emergency medical services, we're part of Medavie — a not-for-profit health solutions partner committed to improving the wellbeing of Canadians. About FINEOS Corporation FINEOS is a leading global provider of SaaS core systems for life, accident, and health insurers. The FINEOS Platform for Employee Benefits is purpose-built for group, absence, and supplemental benefits, providing seamless integration and automation. More than 40 customers in North America rely on FINEOS, including 7 of the 10 largest employee benefits insurers in the U.S. and 70% of group insurance in Australia. With a global workforce, FINEOS partners with innovative, forward-thinking insurers in North America, EMEA, and Asia-Pacific.
National Post
29-05-2025
- Business
- National Post
Medavie Blue Cross Leads Digital Transformation in Disability Business with FINEOS Platform
Article content Article content ATLANTA — FINEOS Corporation ( ASX:FCL) announced today that Medavie Blue Cross, a leading benefits provider for health, drug and disability insurance, has successfully commenced managing Individual Life and Disability Claims on their existing FINEOS Platform. In consolidating both Individual Life and Group Life & Disability claims on a single, unified platform, Medavie Blue Cross will further strengthen its operational excellence and customer-centric service. Article content Speaking about the go-live, FINEOS CEO, Michael Kelly, said, 'Medavie Blue Cross has been leading the way in Group Disability claims management with FINEOS. Expanding to include Individual Life claims in one platform marks a significant milestone, demonstrating our shared commitment to innovation, operational efficiency and a seamless customer experience.' Article content Rebecca Smith, Director, Life & Disability Services at Medavie Blue Cross, noted, 'We're excited about the possibilities this opens up for our organization and our clients. By unifying our claims management system, we're not just improving efficiency; we're reimagining the entire claims experience and empowering our talented team to deliver exceptional service. This transition reinforces our position as an industry leader in disability management and in embracing digital transformation to set new standards.' Article content Medavie Blue Cross is a leading all-in-one private health insurer and Canada's largest private administrator of federal and provincial government-sponsored health programs. We manage and insure health benefits for nearly 1 in 10 Canadians and provide timely access to quality health care through a comprehensive suite of innovative products and services. Together with Medavie Health Services, a national leader in primary health care solutions and Canada's largest contracted provider of emergency medical services, we're part of Medavie — a not-for-profit health solutions partner committed to improving the wellbeing of Canadians. Article content FINEOS is a leading global provider of SaaS core systems for life, accident, and health insurers. The FINEOS Platform for Employee Benefits is purpose-built for group, absence, and supplemental benefits, providing seamless integration and automation. More than 40 customers in North America rely on FINEOS, including 7 of the 10 largest employee benefits insurers in the U.S. and 70% of group insurance in Australia. With a global workforce, FINEOS partners with innovative, forward-thinking insurers in North America, EMEA, and Asia-Pacific. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Yahoo
09-04-2025
- Business
- Yahoo
FINEOS, Sutherland tie-up on AI-driven employee leave management
Irish insurtech company FINEOS has partnered with Sutherland, a company focused on digital transformation services including insurance third-party administration (TPA). The collaboration aims to streamline absence and leave management for US employee benefit carriers with an AI-powered solution. This AI offering is designed to improve compliance and simplify leave administration processes, Sutherland said in a statement. The partnership is said to help carriers scale 'efficiently' by integrating the FINEOS Absence platform, tailored for employee benefits, with Sutherland's expertise in AI and automation-driven business-process-as-a-service (BPaaS). It aims to offer an integrated software and service solution that modernises leave management, enabling group insurers and administrators to manage employee leave for their clients. The model allows for in-house transitions without the need for disruptive system conversions. The alliance addresses challenges faced by carriers with legacy systems by providing automated workflows, enhancing compliance and cutting down administrative load. FINEOS CEO Michael Kelly said: 'This partnership is a game changer for employee benefits carriers looking for a faster, more efficient way to manage leave programmes. 'By integrating the industry's leading absence platform with Sutherland's operational expertise, we offer a seamless, scalable solution that helps carriers overcome current vendor challenges and transition effortlessly to a best-in-class system.' The alliance equips carriers with technology to 'future-proof' their absence and group benefits administration. Sutherland Insurance CEO Banwari Agarwal stated: 'The future of insurance is digital-first, and carriers need agile, intelligent solutions that deliver efficiency, compliance and superior experiences. Our partnership with FINEOS is a strategic move to bring cutting-edge automation and process transformation to absence management, helping insurers modernise operations and create long-term value.' In December last year, FINEOS introduced the FINEOS Partner Hub, a platform offering a selection of partners whose services can be integrated with the FINEOS Platform to further improve customer experiences. "FINEOS, Sutherland tie-up on AI-driven employee leave management " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
