– Dallas site growth plans for as many as 60 customer service associates by year-end –

 

TOPEKA, KS – AUGUST, 2017 SE2, a leading third-party administrator for the North American life insurance and annuity industry, today announced the opening of its new Dallas operational service center. As SE2 experiences significant and continual growth, the Dallas site will play an integrated part of the company’s existing business operations in support of its strategic growth, to continually enhance the customer experience delivered to clients, and to further strengthen the company’s business continuity capabilities. SE2 will leverage the extensive talent and resources in the Dallas area, along with its other site locations to continue providing deep expertise and value to its expanding client base.

 

In 2016, SE2’s employee population grew more than 58%, including opening offices in Waterford, Ireland and Bridgewater, New Jersey. The company has plans to add as many as 60 associates in their Dallas location by year-end 2017. The move to Dallas is fortuitous for SE2 as the U.S. Bureau of Labor Statistics has reported that new, expanding and relocating business added almost 99,000 jobs in the North Texas-area in 2016 – and experts agree the region will continue this trend throughout this year. 

 

“As a leading North American Third Party Administrator, we continue to experience phenomenal growth and demand for our services,” said Gautam Thakkar, CEO, SE2. “Our global workforce, deep insurance knowledge, and advanced technology platform Aurum is helping SE2 innovate and transform the Life and Annuity industry.  The talent pool in and around Dallas will help SE2 accelerate that transformation.”

 

SE2 has also been cited by several industry groups as a leading company in its sector, having recently won two awards at the annual Globee® Fastest Growing Private Companies dinner event in the categories of people and sales revenue growth, presented by the SVUS Awards®, as well as an award from CIO Review as a leading insurance technology solution provider.

 

“As we continuously improve our operational systems, process and teams for the benefit of our clients, the Dallas office will be a wonderful addition to accelerate our capabilities,” said Kevin Paulson, COO of SE2.  “The Dallas area is rich with a talented workforce and we are confident that we will bolster our operations and offerings for our business as we tap the surrounding marketplace.”

 

Those interested in exploring opportunities with SE2 are encouraged to visit the company’s careers page: SE2.com/careers/.

 

About SE2
SE2 is a leading technology and third party administration company focused on the North American life and annuity insurance industry. SE2 has an unmatched track record in optimizing back-office operations to future-proof insurance companies. SE2 combines peerless industry domain knowledge with a leading-edge administration technology platform to help clients launch products rapidly, improve efficiencies, shift to a variable cost model and maximize profits while dramatically improving the customers’ experience. SE2 supports more than 20 direct clients, represents more than 35 carriers in North America and services more than 1,000 life and annuity products. SE2 has approximately $100 billion in assets under administration and has been recognized as an industry-leading innovator. In May 2017, SE2 was recognized as one of the “20 Most Promising Insurance Technology Solution Providers” by CIOReview. Visit SE2 at www.SE2.com to learn more.

 

Contacts:

For SE2:

Portland Communications

Catriona Whalley, 212-415-3479

catriona.whalley@portland-communications.com 

 



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-Earns placement for capability and scale across both life insurance and annuities-

 

TOPEKA, KS, AUGUST 23, 2017 – SE2, a leading third-party administrator for the North American life insurance and annuity industry, announced that it has been profiled in a BPO – BPaaS report published by Novarica, a leading insurance research, advisory and strategic consulting firm. 

 

The 2017 Novarica Market Navigator BPO-BPaaS report, a review of BPO-BPaaS Providers for life insurance and annuity insurers, provides an overview of 13 BPO-BPaaS providers to North American life and annuity insurers, of which SE2 is included.  The Novarica Market Navigator report is designed to allow insurer CIOs and their teams to quickly familiarize themselves with each provider’s organization, market position, client base, and areas of service.

 

“We are proud to be recognized by Novarica for our capabilities across the entire life and annuity insurance operations spectrum in its 2017 report,’ said Ashish Jha, SE2’s CMO.  “As a recognized leader in the Life and Annuity Insurance administration services space, we continue to future-proof our clients’ businesses in an era of rapid customer and technology transformations.” 

 

SE2 has been experiencing tremendous growth and has expanded its offices to Bridgewater, New Jersey, Dallas, Texas and Waterford in Ireland in the past year.

 

“The Novarica report is focused on BPO-BPaaS providers for North American life/annuity insurers,” said Keith Raymond, Novarica Vice President, Research & Consulting. “The market is seeing an increased interest in cloud based offering as carrier demand for cloud based solutions and services continues to rise. The report includes SE2 and is designed to allow insurer CIOs and their teams to quickly familiarize themselves with each provider’s organization, market position, client base, and areas of service.”

 

The report was authored by Keith Raymond, Vice President of Research and Consulting; Jim Klotz, Vice President of Research and Consulting; Justina Lee, associate; and editor Emily Lecaque.

 

To obtain a copy of the SE2 profile in the 2017 Novarica Market Navigator BPO-BPaaS report click here.

 

About SE2
SE2 is a leading technology and third party administration company focused on the North American life and annuity insurance industry. SE2 has an unmatched track record in optimizing back-office operations to future-proof insurance companies. SE2 combines peerless industry domain knowledge with a leading-edge administration technology platform to help clients launch products rapidly, improve efficiencies, shift to a variable cost model and maximize profits while dramatically improving the customers’ experience. SE2 supports more than 20 direct clients, represents more than 35 carriers in North America and services more than 1,000 life and annuity products. SE2 has approximately $100 billion in assets under administration and has been recognized as an industry-leading innovator. In May 2017, SE2 was recognized as one of the “20 Most Promising Insurance Technology Solution Providers” by CIOReview. Visit SE2 at www.SE2.com or at LinkedIn to learn more.

 

About Novarica

Novarica helps more than 100 insurers make better decisions about technology projects and strategy through retained advisory services, published research, and strategy consulting. Its clients include more than 100 property/casualty and life/annuity insurers. Its knowledge base covers trends, benchmarks, best practices, case studies, and vendor solutions. Leveraging the expertise of its senior team and of nearly 400 CIO Research Council members, Novarica provides clients with the ability to make faster, better, more informed decisions. Its consulting services focus on vendor selection, custom benchmarking, project checkpoints, and IT strategy. More information at www.novarica.com.





SE2’s got you covered

 

We offer you a full spectrum of integrated, end-to-end services and operational support you need to help you manage risk, save time and reduce costs.

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Emerging start-ups and traditional insurers are reinventing themselves through new program development, acquisition, and collaboration. A big reason behind such a change in perspective and evolving trends has been due to the services provided by the Third Party Administrators (TPA). Insurance industry views TPA as an extension of their department, where the need to provide exceptional customer service is higher than ever.