SPJST Chooses Equisoft’s Policy Administration Platform to Drive Digital Transformation
By consolidating all of its lines of business on a cloud-based policy administration system integrated with advanced digital tools, SPJST will gain operational efficiencies and improve the agent and member experience.
PHILADELPHIA CREAM, January 19, 2022 /PRNewswire/ – Equisoft, a leading global provider of digital business solutions for the insurance and wealth management industries, today announced that SPJST has selected Equisoft’s insurance platform to replace its legacy font administration system.
This partnership aims to improve SPJST’s internal processes and drive their digital transformation with a focus on improving the member and agent experience. The initiative will modernize the organization’s core policy administration capacity by implementing Equisoft/manage, a cloud-hosted (SaaS) turnkey solution using low-risk, production-ready business processes.
The project will also deliver an enhanced digital experience for members and agents across the policy lifecycle, including the implementation of all their insurance and annuity products, new agent portal tools state-of-the-art, as well as the migration of data from SPJST’s existing life insurance and annuities. certificates.
“As we strive to improve the overall user experience for our members and agents, this transformation project will allow us to keep up with ongoing regulatory and compliance requirements, as well as improve our operational and reporting capabilities,” declared Brian Vanicek, Chairman and CEO, SPJST. “We believe that Equisoft’s insurance solutions, data migration expertise and proven track record with numerous insurance companies provide the best combination to help us implement a modern policy administration system and enable our digital transformation strategy.”
“We are excited to embark on another transformation journey and are thrilled to have SPJST as a new client. They are clearly committed to transforming their business,” added Mark DePhillips, Senior Vice President of Equisoft, United States. “We look forward to working with their team to implement our product suite and ensure they realize their vision.”
The SPJST ensures the financial security of its members; builds a healthy home environment; and encourages cherished Czech traditions. Serving Texans for 125 years, SPJST’s mission is to secure and enrich lives. For more information on SPJST’s products, benefits and history, visit spjst.org.
Founded in 1994, Equisoft is a global provider of advanced digital insurance and investment solutions. Recognized as a valued partner by more than 220 of the world’s leading financial institutions in 16 countries, Equisoft offers a complete ecosystem of solutions, from innovative front-end applications to extensive back-office services and unique data migration expertise. The company’s flagship products include a SaaS solution for policy administration, CRM, financial needs analysis, financial planning, asset allocation, fund and portfolio analysis, quotes and illustrations, an electronic application, agency management systems, as well as client, agent and broker portals. Equisoft is also Oracle’s largest and most experienced partner for the OIPA platform. With its business-driven approach, deep industry knowledge, innovative technology and expert teams based in Canada, United States, UK, Chile, Colombia, South Africa, India and Australia, Equisoft helps its customers meet all the challenges of this era of digital disruption. For more information on our products and services, please visit www.equisoft.com.
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