TOPEKA, Kan., August 5, 2019 – SE2, a recognized industry leader providing technology driven third-party administration services for many of the top life insurance companies in the US, has been profiled in Forrester’s report, Now Tech: Life Insurance Policy Administration Systems, Q2 2019.

“Insurance systems must meet the needs of evolving customer expectations as the demand for life insurance coverage takes a new, digital-first shape,” said Vinod Kachroo, SE2’s CIO. “In an era of rapid technological transformation and increased competition, SE2 Aurum is uniquely positioned to support insurance carriers as they seek to deliver next-generation digital experiences to their distributors and end-customers.”

In the Forrester report, SE2 is specifically cited as a “Large” vendor in the “Insurance Specialist” functionality segment. Insurance Specialists are noted in the report for specific capabilities and installed bases.

Conceived by a life insurer for life insurers and co-developed by technology and domain experts, SE2 Aurum is the industry’s first multi-tenant, open architecture platform and the core of SE2’s offering. SE2 Aurum offers insurance carriers a rich, engaging, fully digital environment that is flexible and agile enabling carriers to launch new products faster, optimize their back-office operations, create cost efficiencies, and acquire new customers through all distribution channels including a direct-to-consumer channel with a unique industry-leading digital model.

“The appetite for ‘instant issue’ coverage, digital self-service, the beneficiary experience, and aggressive competition is spurring interest in future-ready life insurance administration systems,” according to the report. SE2 believes that Aurum is enabling life and annuity carriers as they look for new ways to drive efficiencies and engage their policyholders throughout the customer journey.

As one of the world’s most influential research and advisory firms, Forrester publishes the report to provide insurance technology teams and their solutions partners with an overview of life insurance policy administration system (PAS) providers delivering the most value to the industry today. The report explores how to select a PAS provider based on size, functionality and a company’s specific customer and business priorities.

The full report, Now Tech: Life Insurance Policy Administration Systems, Q2 2019, can be found here (access requires subscription or payment).

Learn more about SE2 and the SE2 Aurum platform at www.SE2.com.

About SE2

SE2, an Eldridge Industries business, is a leader in digital technology enabled third-party administration services for the US life and annuity insurance industry. SE2 specializes in transforming the life and annuity insurance customer experience through its comprehensive and flexible digital platform and ecosystem. SE2 builds on its 125+ years insurance industry heritage to uniquely combine peerless industry knowledge with its end to end digital platform to enable carriers to rapidly create digital channels, launch products, optimize the cost of closed blocks, shift to a variable cost model, and improve efficiencies. SE2 has over 25 clients, services 1,000+ life and annuity products, has over $100 billion in assets under administration, and handles more than 200,000 new business applications annually. SE2 has an unmatched track record in delivering future-proofed next-generation business operations. Please visit SE2 at www.SE2.com or our LinkedIn community to learn more.

About Eldridge Industries

Eldridge Industries (“Eldridge”) invests across diversified industries with a focus on asset management and leasing; food, convenience, and consumer experiences; real estate lending and development; retirement income, insurance, and insurance technology; sports and media. In particular, the firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge Industries please visit www.eldridge.com.