Life & Annuity Industry Veterans and Innovators Launch New Company
Founders of AdminServer re-team with the goal of once again causing a paradigm shift in the life and annuity policy administration systems market
Doggett and Gali successfully changed the market twelve years ago when they were the first to introduce the concepts of rules engines and product configurability with AdminServer. Since then, technology has evolved, enabling new possibilities and creating the opportunity and the right time, once again, for a new generation of policy administration systems for life and annuity.
While a number of life and annuity systems are being marketed as ‘modern’ technology-based solutions, Adminovate CEO Doggett contends that, “We did not want to reinvent the wheel by designing a new rules engine and connecting it to a policy administration system. With Adminovate, we wanted to take things to the next level and felt that the latest advances in technology gave us a great foundation to create something very innovative.”
In addition to launching the company at the
“HTML5, Cloud-compatibility, and multi-platform support, coupled with proven administrative methodologies, make for a powerful combination that enables insurers to finally build, manage and maintain both products and processes as often as they need or want to,” noted Gali, Adminovate Chief Architect. “We are leveraging everything that the latest technologies have to offer to deliver a platform independent policy administration solution in the life, annuity, and health space.”
Gali continued, “We recognized the need to move business processing logic out of the world of programming languages and complicated rules syntax, and into a more visual paradigm. This approach ensures that those most familiar with the business processes are actively involved throughout the implementation process, and greatly reduces the time and costs associated with the translation of business requirements.”
To learn more about Adminovate, or to schedule a preview demonstration of forwardPAS, please contact Adminovate at [email protected] or visit booth 1131 while at the
Adminovate is a privately-held consulting and solutions provider for the life, health and annuity industry. It is focused on delivering modern policy administration software and experienced consultation services to insurers looking to transform their business, create a competitive advantage and reduce overall costs.
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|Source:||Business Wire, Inc.|