FCL

The FINEOS Platform Winter Release Delivers Group, Voluntary and Absence Management Enhancements Essential to Insurers, Employers, and Employees

Retrieved on: 
Thursday, March 24, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220324005534/en/
    To gain deeper insights into the FINEOS Platform Winter Release, join the live product management panel discussion: The FINEOS Platform: Purpose-Built for Innovation and Growth on April 14, 2022 at 11:30 am ET.
  • "This release marks another significant step forward in how the FINEOS Platform serves all parts of the Group, Voluntary, and Absence value chain.
  • We are solving more problems for our customers and doing so in uniquely seamless ways, said Eoin Kirwan, Chief Product Officer, FINEOS.
  • The FINEOS Platform Group, Voluntary, and Absence Management Enhancements Include:
    Integrated Experience Rating: NextGen functionality for the underwriting and actuarial teams to drive profitability across their book of business.

Independence American Insurance Company Deploys the FINEOS Platform to Further Digital Transformation, Speed to Market, and Foster Business Growth

Retrieved on: 
Tuesday, March 1, 2022

FINEOS Corporation ( ASX:FCL ) today announced that premier pet insurance underwriter, Independence American Insurance Company (IAIC), will leverage the cloud native FINEOS Enrollment Portal for business critical functions supporting its industry-first PetPartners Group Pet Insurance product.

Key Points: 
  • FINEOS Corporation ( ASX:FCL ) today announced that premier pet insurance underwriter, Independence American Insurance Company (IAIC), will leverage the cloud native FINEOS Enrollment Portal for business critical functions supporting its industry-first PetPartners Group Pet Insurance product.
  • IAIC will employ the FINEOS Enrollment Portal with extensions, a new FINEOS Platform component within the FINEOS Engage solution.
  • The FINEOS Platform is the only purpose-built, end-to-end SaaS insurance solution for the life, accident and health market.
  • Headquartered in Raleigh, NC, PetPartners is the marketer and administrator of pet insurance, underwritten by Independence American Insurance Company, both owned by Independence Pet Group.

FINEOS Announces Strong Adoption in 2021 of Updated Purpose-Built FINEOS Platform Among Tier-1&2 Employee Benefits Insurance Carrier Clients

Retrieved on: 
Thursday, February 17, 2022

Our continuous delivery model enables our clients to stay current with market needs, applying modern agile methods to complex core system requirements.

Key Points: 
  • Our continuous delivery model enables our clients to stay current with market needs, applying modern agile methods to complex core system requirements.
  • The FINEOS Platform is purpose-built to support integrated Group, Voluntary and Absence Management on a single integrated SaaS platform.
  • The FINEOS Platform was designed from the outset for Employee Benefit carriers who wish to have a single integrated platform with the flexibility to serve employers and employees for all of their leave and employee protection benefits.
  • These carriers are also perfectly positioned to quickly adopt the full FINEOS AdminSuite, FINEOS Engage and FINEOS Insight digital and data driven add-on products.

American Public Life Expands Relationship with FINEOS to Significantly Advance Data Transformation with Employee Benefit Administrators

Retrieved on: 
Tuesday, February 8, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220208005838/en/
    American Public Life Expands Relationship with FINEOS (Graphic: Business Wire)
    The API powered FINEOS Engage Smart Connectors use machine learning segmentation models to make data transformation faster, easier and more accurate.
  • Conventional processes of transferring data between employee benefit administration systems and BenAdmins (benefit administrators) often encounter numerous hurdles.
  • Additionally, multiple data formats used to exchange data across the workstream can make data transformation cumbersome.
  • The FINEOS Engage Smart Connectors empower APL to make data transformation faster, easier and more accurate enabling data transformation between a variety of sources including existing legacy systems.

Employee Benefit Insurance Carriers Meet COVID Vaccination Accommodation Requests with the FINEOS Integrated Disability and Absence Management (IDAM) Solution

Retrieved on: 
Tuesday, January 4, 2022

Employee Benefit carriers that have already implemented the FINEOS IDAM solution are uniquely positioned to provide their customers a frictionless experience for employees requesting a COVID-19 accommodation.

Key Points: 
  • Employee Benefit carriers that have already implemented the FINEOS IDAM solution are uniquely positioned to provide their customers a frictionless experience for employees requesting a COVID-19 accommodation.
  • However, many employers feel unprepared to manage the accommodation requests that may follow by implementing such workplace rules.
  • The good news is that Employee Benefits carriers that have implemented the FINEOS Integrated Disability and Absence Management solution on the FINEOS Platform are well prepared to navigate this hot compliance issue and help their employer customers navigate this demand, says Lori Welty, Esq ., Absence Management Senior Compliance Attorney, FINEOS.
  • Contact FINEOS today to request VIP access to watch a 15-minute video recording of the FINEOS IDAM workplace accommodation functionality.

Canada's Federated Co-operatives Ltd. (FCL) Goes Live with Ivalua's Source-to-Contract (S2C) Solution with Seamless Integration to TealBook's AI-powered Supplier Data Foundation

Retrieved on: 
Tuesday, December 21, 2021

Together with its strategic partner Optis Consulting , Ivalua's solution has digitally enabled FCL's policies and processes for core procurement activities, including sourcing and contract management.

Key Points: 
  • Together with its strategic partner Optis Consulting , Ivalua's solution has digitally enabled FCL's policies and processes for core procurement activities, including sourcing and contract management.
  • As a center-led procurement function FCL used Ivalua's solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL's procurement governance.
  • TealBook is advancing the world through supplier data by empowering the digital enterprise with an autonomously enriched supplier data foundation that powers e-procurement technology, drives supplier diversity, and enables supplier performance.
  • Using AI and ML, TealBook gathers, predicts, and refines supplier data to build the world's most comprehensive supplier intelligence.

Eat Well Group Wholly-Owned Portfolio Company Sapientia Technologies, LLC Launches Plant-Based Snacks Developed by the Inventor of Twisted Cheeto’s, with Federated Co-op Stores Across Western Canada

Retrieved on: 
Tuesday, December 14, 2021

Eat Well Group is pleased to see Sapientia commercialize its proprietary formulations and intellectual property less than six months after its acquisition by Eat Well Group.

Key Points: 
  • Eat Well Group is pleased to see Sapientia commercialize its proprietary formulations and intellectual property less than six months after its acquisition by Eat Well Group.
  • Sapientia created the plant-based twisted curls for consumers seeking healthier snack foods with increased protein and nutritional credentials.
  • Our investment in Sapientia is disrupting the multi-billion-dollar snack food market by providing taste and nutrition without compromise.
  • Forward-looking information in this news release includes future anticipated business developments for the companies in which Eat Well Group invests.

Co-op investing in Western Canada by making largest retail acquisition in its history with the purchase of 181 retail locations

Retrieved on: 
Tuesday, November 30, 2021

Once the deal is complete, FCL will transfer the sites to several independent local Co-ops across Western Canada.

Key Points: 
  • Once the deal is complete, FCL will transfer the sites to several independent local Co-ops across Western Canada.
  • These new locations will strengthen our presence in Western Canada and will bring our unmatched service and support to new geographic areas.
  • The purchase of the 181 retail fuel sites is subject to certain customary closing conditions, including clearance by the Canadian Competition Bureau.
  • Retail fuel sites included in the purchase are located across Western Canada.

FINEOS Hosts “Music is Medicine” Virtual Concert to Support The National Alliance on Mental Illness

Retrieved on: 
Friday, November 19, 2021

The Music is Medicine virtual concert took place on November 18, 2021 and shared the musical talents of FINEOS employees, customers, partners and friends, highlighting client efforts to support mental health for their employees and the customers they serve.

Key Points: 
  • The Music is Medicine virtual concert took place on November 18, 2021 and shared the musical talents of FINEOS employees, customers, partners and friends, highlighting client efforts to support mental health for their employees and the customers they serve.
  • Making the connection between music and mental health is one that FINEOS advocates strongly.
  • With this goal in mind, FINEOS Corporate Social Responsibility (CSR) proudly partners with the National Alliance on Mental Illness for this virtual concert.
  • The National Alliance on Mental Illness (NAMI) is the nation's largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness.

FINEOS Welcomes David Nicolai as Senior Vice President of Sales, North America

Retrieved on: 
Tuesday, November 2, 2021

FINEOS Corporation ( ASX:FCL ) the leading core platform for life, accident and health insurance globally, today announces the appointment of David Nicolai as Senior Vice President of Sales.

Key Points: 
  • FINEOS Corporation ( ASX:FCL ) the leading core platform for life, accident and health insurance globally, today announces the appointment of David Nicolai as Senior Vice President of Sales.
  • View the full release here: https://www.businesswire.com/news/home/20211102005718/en/
    David Nicolai, Senior Vice President for Sales North America, FINEOS (Photo: Business Wire)
    David brings over 25 years of experience within the life, accident and health technology industry.
  • He has the proven ability and track record to win, grow and retain customers to accelerate the FINEOS growth strategy.
  • With employees and offices throughout the world, FINEOS continues to scale rapidly, working with innovative progressive insurers in North America, Europe, and Asia Pacific.