-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.





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