SOURCE: MphasiS-Wyde

MphasiS-Wyde

March 14, 2013 11:49 ET

LifeMap Assurance Company Chooses Wynsure Software as New Administrative and Claims Platform for Group and Individual Products

MINNEAPOLIS, MN--(Marketwire - Mar 14, 2013) -  LifeMap Assurance Company has licensed Wynsure software as its full policy administration and claims platform for group life, disability, dental insurance and individual products. The Wynsure software product is owned and developed by international technology vendor and creator, MphasiS-Wyde. LifeMap will implement Wynsure, including policy administration, issuance, billing, claims and reinsurance management, with a production target of January 2014.

LifeMap Assurance Company currently serves customers in Oregon, Washington, Utah, Idaho, Montana, Wyoming and Alaska with a complete portfolio of insurance benefit plans that include life, disability, vision, dental, accident, critical illness, and short-term medical coverage, as well as employee assistance programs.

"This change will allow our team to continue to transform the company's innovative product and service portfolio, as LifeMap continues to grow in both sales and geographic markets. I am pleased that we've partnered with Wynsure to further expand our administration and claims processing," said LifeMap Chief Executive Officer Bill Barr.

"Wynsure provides the domain knowledge and flexibility we need to efficiently meet the needs of our customers," said Chief Executive Officer of the Americas MphasiS-Wyde, Larry Erb. "Relationships and confidence are not easily built in our business. I believe LifeMap's leaders appreciated our consistency and honesty during our many discussions."

About MphasiS-Wyde

Headquartered in Minneapolis, Minnesota, with a modern research & development center in Paris, France, MphasiS-Wyde has deployed Wynsure, a proven software platform, at many of the leading insurance carriers in North America and Europe. Wynsure is a multi-language, multi-currency, easily customizable software product that offers policy administration, claims and billing solutions across life and annuities, disability, health, and property and casualty insurance. Wynsure can be deployed at an insurance carrier for one or multiple lines of business as a complete end-to-end solution. MphasiS-Wyde has over 200 employees who possess significant domain expertise. To learn more about Wynsure visit www.wynsure.com.

About MphasiS

MphasiS is a $1 billion global service provider, delivering technology-based solutions to clients across the world. With more than 37,000 employees, MphasiS services clients in banking and capital markets, insurance, manufacturing, communications, media and entertainment, healthcare and life sciences, transportation and logistics, retail and consumer packaged goods, energy and utilities and government around the world. Our competency lies in our ability to offer integrated service offerings in applications, infrastructure services and business process outsourcing capabilities we are uniquely positioned to offer. To learn more about MphasiS visit www.MphasiS.com.

About LifeMap

LifeMap Assurance Company currently serves customers in Oregon, Washington, Utah, Idaho Montana, Wyoming and Alaska with a complete portfolio of insurance and benefit plans that are designed to offer financial protection to customers. LifeMap's portfolio includes life, disability, vision, dental, accident, critical illness, and short term medical coverage, as well as employee assistance programs. LifeMap is headquartered in Portland, Oregon, but offers coverage in a seven state region, with plans for future expansion. LifeMap is a member of the Cambia Health Solutions family of companies. To learn more about LifeMap, visit www.lifemapco.com.

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