Securian Canada bolsters disability management offering

Securian Canada joins forces with FINEOS for smoother disability claims handling

Securian Canada bolsters disability management offering

In a recent announcement, FINEOS Corporation (FINEOS) revealed that Securian Canada has partnered with them to streamline its disability management claims administration. The FINEOS claims administration software solution is set to go live this fall, supporting Securian Canada's short- and long-term disability benefits programs.

“We are delighted Securian Canada has chosen FINEOS and look forward to building a long-term, mutually beneficial relationship,” said FINEOS CEO Michael Kelly.

“The FINEOS Platform will help Securian deliver an excellent customer experience and will bring automation and efficiencies to their operations, enabling their staff to maximize their time caring for Canadians in the moments that matter the most.”

FINEOS is a global provider of end-to-end core software systems for life, accident, and health insurance. The FINEOS platform caters to the group and supplemental employee benefits market. FINEOS holds a significant presence in the core systems market for life, accident, and health insurers globally. Additionally, it has a 70% market share of group insurance in Australia.

Several Canadian customers currently use the FINEOS platform, and in the US, FINEOS serves 7 of the 10 largest employee benefits insurers.

“Securian Canada needs a best-in-class partner to support our ambitious strategic plans in the disability space,” said Sharla Postic, SVP insurance operations for Securian Canada.

“We believe the FINEOS purpose-built platform and industry-leading capabilities in disability claims administration will help us continue to raise the bar in providing innovative insurance products and services to our customers.”