Lincoln Financial Group (Philadelphia) has signed a contract for the implementation of Andesa Services' (Allentown, Pa.) Participant and Policy Owner Portal System (POPS) to support the carrier's Executive Benefits division.
Andesa's latest suite of services will enable Lincoln to provide streamlined transaction capabilities, including internet-based enrollment, automated new business submission, as well as providing a way for users to manage policies in a self-service model, according to a vendor statement. POPS will eventually be fully integrated with existing Lincoln technology platforms, thus providing enhanced functionality for distributors, plan sponsors and plan participants. The new system benefits Lincoln and its distributors through elimination of redundant data entry and increased efficiency in reporting capabilities, the statement adds.
"Our investment in this project demonstrates Lincoln's ongoing commitment to the Executive Benefits market," comments David Bensinger, VP and national sales manager for Executive Benefits for Lincoln Financial Distributors. "Our number-one priority at Lincoln is to ensure our clients are able to grow their practice and succeed in any business cycle. This effort underscores our dedication to continuously finding ways to make it easier for our partners to do business with us, and quickly meet their clients' specific needs."
Lincoln Financial has been a client of Andesa since 1994 and subscribes to Andesa's full-suite of integrated sales support and policy administration services.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio