Sun Life Launches FullscopeRMS
Sun Life Financial has launched FullscopeRMS, a standalone organization that will partner with health plans and other insurance providers to bring new products to market. The model is similar to Disability RMS, which was established in 1993 to offer disability risk management products and services.
FullscopeRMS offers turnkey solutions for life, absence management and voluntary products, and a suite of capabilities including risk management, product development, actuarial, underwriting, claim administration and distribution training.
“True to its name, FullscopeRMS provides a full range of products and support services that are customizable to suit the unique needs of each of our carrier partners. We see a growing desire from health plans and other insurance carriers to expand their offerings, and this is an efficient way for them to enter the market. Our partnerships are straightforward – two companies share in the risk and the benefits. We build flexible, innovative solutions in consultation with an industry client to leverage our respective expertise in a fully aligned partnership where both companies have the same business objectives and growth incentives.” – President of FullscopeRMS, Scott Beliveau.