Illinois Mutual Selects EXL's LifePRO® Platform to Position for a Digital Future
The agreement encompasses the LifePRO® Digital Suite for electronic quoting and application (eApp), which includes rules-engine-based automated and accelerated underwriting, workflow, and document generation for all worksite, disability income, life insurance and annuity products. The relationship also includes the implementation of LifePRO® for administration and analytics across new business, policy administration, claims, and agent support. Illinois Mutual will migrate all existing business to LifePRO® as part of a technology consolidation strategy.
Illinois Mutual President and Chairperson
"This new strategic relationship further demonstrates the strength of our platform transformation strategy and positions LifePRO® as an end-to-end digital solution," said
The LifePRO® Digital Suite includes multi-channel interfaces, underwriting, workflow engines, and document production modules to automate new policy issuance. With a highly flexible architecture and modern design, LDS can be used for any life, health or annuity product, for group or individual lines of business.
About Illinois Mutual
For over 100 years, Illinois Mutual has been helping hard-working Americans safeguard their financial futures with quality life insurance, disability income insurance and workplace insurance solutions. Headquartered in
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that designs and enables agile, customer-centric operating models to help clients improve their revenue growth and profitability. Our delivery model provides market-leading business outcomes using EXL's proprietary Business EXLerator Framework™, cutting-edge analytics, digital transformation and domain expertise. At EXL, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in
Michael SherrillVice President, Marketing 646-419-0778 email@example.com Investor Relations Contact: Steven BarlowVice President, Investor Relations 212-624-5913 Steven.Barlow@exlservice.com
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