June 14, 2016 – Hyland, creator of OnBase today announced that se², a leading third-party administrator for the U.S. life and annuity insurance industry, has selected OnBase, a single enterprise information platform, to increase automation, improve data quality and facilitate straight-through processing. OnBase will integrate 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. “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.”
se² will employ OnBase to:
- Improve cost savings utilizing OnBase workflows
- Enhance workflow designs to enable quicker onboarding
- Reduce external debt by replacing custom processes with readily available, flexible and configurable software
- Increase outbound correspondence automation in the mailroom
- Gain greater straight-through processing capabilities
“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.
To learn why more than 550 insurance organizations are leveraging OnBase visit OnBase.com.
About OnBase by Hyland
OnBase is a single enterprise information platform for managing content, processes and cases. Providing enterprise content management (ECM), case management, business process management (BPM), records management and capture all on a single platform, OnBase transforms organizations around the globe by empowering them to become more agile, efficient and effective. Enterprise file sync and share (EFSS) for the OnBase platform is available with our complementary offering, ShareBase by Hyland. OnBase transforms organizations around the world by empowering them to become more agile, efficient and effective.
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. To learn more about how more than 15,000 organizations are digitizing their workplaces to transform their business operations, visit OnBase.com.
se² is the leading third party administrator for the US life and annuity insurance industry with an unmatched track record in optimizing and future proofing insurance back office operations. Peerless industry domain knowledge combined with a leading edge administration technology platform ensures that se² supports its clients with rapid launching of new products, moving insurance carriers to a variable cost model for in-force book operations and dramatically improving the customer and digital experience. se² supports more than 20 direct clients, represents more than 35 insurance carriers in the US, and services over a 1,000 life and annuity products. se² has approximately $100 billion in assets under administration and has been recognized as an industry-leading innovator. For additional information, please visit se2.com.