SOURCE: se2

se2

April 28, 2011 10:08 ET

se2 Enterprise SaaS Chosen by Modern Woodmen

Large Fraternal Financial Services Organization to Use se2 Platform for Business Processing of Variable Annuities

TOPEKA, KS--(Marketwire - Apr 28, 2011) - One of the nation's largest fraternal financial services organizations has selected the se2 enterprise SaaS (Software as a Service) platform for conversion of its variable annuity block of business.

Modern Woodmen of America analysts will now process their variable annuity product on the state-of-the-art se2 system, which provides the speed, flexibility, reliability and support for which they were searching.

"We are proud that our platform is the choice of Modern Woodmen of America, one of the premier organizations in the fraternal sector," said Eric Rea, President of se2. "Like most fraternals, Modern Woodmen is committed to providing the highest level of service to its members. Our state-of-the-art technology gives their people the tools they need to meet that standard.

"There is a great need in the fraternal sector for up-to-date technology designed specifically to meet the needs of the insurance and financial services business. We have the products and the expertise to meet that need."

Jerry Lyphout, Manager, Advanced Sales for Modern Woodmen of America, said their Variable Product Administrative Center is eager to start using the modern technological tools se2 is providing.

"We are excited about the opportunities se2 brings to the relationship with their strong technology platform. Their SaaS business processing platform will provide our analysts with the speed and flexibility needed to provide a high level of service to our sales representatives and members," Lyphout said. "The expertise that se2 brought to the conversion process was significant and enabled us to have a seamless and cost-effective transition. We look forward to a long and beneficial relationship with se2."

About se2
se2 provides business technology and processing solutions for the financial services and retirement planning sector. se2 offers service end-to-end for life and annuity processing with an award-winning state-of-the-art technology platform and an astute understanding of regulatory compliance issues unique and specific to the financial services industry. se2's life and annuity acumen, coupled with its dedicated processing capabilities, places it in the forefront of the business processing outsourcing (BPO) industry. The se2 technology platform has been recognized as an industry-leading innovation by the Computerworld Honors Program and the CIO 100 Awards. se2 is powered by Security Benefit Corporation. For more information, visit www.se2.com.

About Modern Woodmen of America
Modern Woodmen of America is a fraternal financial services organization located in Rock Island, Ill. Modern Woodmen serves more than 750,000 members nationwide, offering life insurance, annuity, investment and banking products, along with fraternal member benefits for families and their communities.

Securities offered through MWA Financial Services Inc., a wholly owned subsidiary of Modern Woodmen of America. Member: FINRA, SIPC. Products are available in most states. Individual agents may not be licensed to sell all products.

Contact Information

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    Michel' Cole
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