Life & Annuity Services
Executive Overview
- Lower administrative and operations costs while increasing efficiency
- Enable new methods for product and service delivery
- Improve relationships with distribution channels
- Shift your focus from managing transaction processes to growth and profitability
EDS Life & Annuity Insurance Outsourcing Services provides your organization an extensive menu of administrative and support services for a product’s complete life cycle. We offer flexible, scalable and useful solutions. Our experienced, insurance industry-educated professionals can assess your organization’s needs and determine the technology solutions and processes that meet both your strategic business objectives and regulatory requirements.
By taking advantage of our economies of scale and leveraged resources, you gain predictable administrative costs and lower operating costs – along with improved customer service thanks to fast and easy access to customer information and quick turnaround on policy and claims processing. Our leveraged support centers can even help you avoid significant capital expenditures as your business changes, enabling faster response to acquisition opportunities without the worry of support capacity.
By choosing EDS Life & Annuity Services, your organization benefits from EDS’ 22 years of insurance industry experience and more than 41 years of global leadership in IT services. We support over 1.5 million policyholders across multiple lines of business. We’ll help you rapidly build infrastructure and call center capabilities so you can focus time and energy on what matters most: new product development, speed to market and market position.
Available Features
EDS provides the comprehensive solution for processing life and annuity policies, including:
- Entering new business
- Generating and sending bills
- Receiving and applying premium payments
- Preparing policy documents
- Processing and paying financial transactions