SunGard announced a strategic partnership with LIMRA, a marketing and distribution research and consulting to the insurance industry. SunGard is the latest addition to LIMRAs strategic partnership program, which makes product and service offerings available to LIMRA member companies worldwide.
LIMRA recognized SunGards insurance business and its iWorks solution suite as industry leaders in providing enterprise solutions and services. SunGards iWorks spans the insurance industrys major business lines, including life, health, annuities, pensions, property and casualty and reinsurance. The range of products and services includes: sales enablement and distribution tools, policy administration, reinsurance management, risk management, financial and investment accounting and reporting.
LIMRA actively pursues strategic alliances that will support our member organizations, and SunGard is an excellent example of the value that we can bring our members through these partnerships, says James Kerley, president of LIMRA Services, Inc. As insurers struggle to operationally transform their businesses to excel and meet regulatory demands, they need to rely on a trusted partner to provide the right mix of technology solutions and consultative services. SunGard is such a partner to LIMRA members worldwide.
Recently, SunGard and LIMRA worked to develop key performance indicators for SunGards iWorks EIM Analytics solution. LIMRA consultants specializing in business intelligence worked with SunGard business analysts to identify needed data points for executive dashboards for iWorks EIM, an insurance incentive compensation management system.
Partnering with LIMRA will promote shared objectives for market research, consulting engagements, and sales and marketing opportunities, says Greg Webber, president of SunGards insurance business. LIMRA is an industry thought leader in insurance marketing and distribution. SunGard will benefit from LIMRAs expert advice as we develop comprehensive strategies to solve key problems in these areas.
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