Hyland, creator of OnBase today announced that SE2, a leading life and annuity third-party administrator in the US, has selected its OnBase single enterprise information platform. OnBase was chosen as the platform to drive increased automation, straight through processing and better data quality through its integration with SE2’s modern technology platform to enhance customer experience. se2 leverages its insurance heritage and leading edge technology platform to enable life and annuity insurance customers to rapidly launch new products, reduce operating costs, manage risks and more efficiently utilize resources.

Key benefits se2 will leverage with OnBase include:

  • Improved cost savings utilizing OnBase workflows
  • Enhanced workflow designs to enable quicker onboarding
  • Reduced external debt by replacing custom processes with readily available, flexible and configurable software
  • Increased outbound correspondence automation in the mailroom
  • Greater straight through processing

“The integration of OnBase with our advanced technology platform enables our clients to experience greater efficiency from improved workflows and automation, allowing us to deliver a more cohesive operation and enhance customer service,” said Eric Rea, president of SE2.

“By implementing OnBase, SE2 is setting a stronger strategy for its future business,” said Colin Toomey, manager of insurance sales at Hyland. “Leveraging OnBase will help SE2 further streamline its processing solutions for faster, more efficient business.”

About OnBase by Hyland

OnBase is a single enterprise information platform for managing content, processes and cases to streamline business operations. Integrating with everyday business applications, OnBase provides instant access to critical information when you need it, wherever you are. It is tailored for departments and comprehensive for the enterprise. OnBase gives you what you need today and evolves with you over time whether deployed via mobile, cloud or on-premises.

Seamless integrations with policy, billing and claims management systems speed processing times across the entire insurance lifecycle from underwriting to claims, increasing the quality and efficiency of work and customer service. Using OnBase, nearly 550 carriers have achieved results by increasing profitability through accurate and consistent underwriting decisions while decreasing response times and costs associated with claims. For more information about OnBase solutions for the insurance industry, please visit OnBase.com/Insurance.