TPA adopts CalcFocus for life and annuity

CalcFocus announced that a third-party administrator in the life, accident, and health market will implement its Achieve policy administration system and Forecast illustrations to support individual and association life and annuity customers. The end-to-end solution will cover sales illustrations, new business processing, billing, commissions, and claims, aiming to improve digital self-service, speed product launches, and cut operational costs.

“As both a carrier and a TPA, we look forward to working with this team as they will serve as a working showcase of how to leverage the robust capabilities of the platform and allow our collective organizations to work together for the benefit of customers. They will offer a wide range of new product offerings and become a leader in real-time digital sales and service.” – Kevin Walma, Chief Revenue Officer at CalcFocus.