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U.S. Individual Life Applications Climb 18.5%


What You Need to Know
Application counts increased for all age groups MIB tracks.
Activity increased by more than 10% for all types of products.
Whole life activity showed the most growth, and term life activity showed the least.
U.S. consumers kept individual life insurance underwriting systems busy in March.
Individual life application volume climbed 18.5% between March 2020 and March 2021, according to MIB Group Inc.’s new individual life application activity report.
Many U.S. communities began imposing COVID-19-related lockdowns in the middle of March 2020, but MIB says results for March 2021 also look great when compared with results from before the pandemic era. ....

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Infosys McCamish Completes Purchase of Automated New Business and Underwriting Platform from STEP Solutions


Infosys McCamish Completes Purchase of Automated New Business and Underwriting Platform from STEP Solutions
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BENGALURU, India and ATLANTA, Feb. 16, 2021 /PRNewswire/  Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys (NYSE: INFY), today announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and Health, for individuals and groups across North America.
STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a successful track record in building leading-edge technology solutions in Insurance Underwriting and New Business. The powerful rule-driven New Business and Automated Underwriting platform from STEP will help Infosys McCamish in enhancing its industr ....

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Infosys unit acquires New Business and Underwriting platform from STEP Solutions


Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP
Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and
Health, for individuals and groups across North America.
STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a
successful track record in building leading-edge technology solutions in Insurance Underwriting and New
Business. The powerful rule-driven New Business and Automated Underwriting platform from STEP will ....

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Infosys' US arm buys underwriting platform from STEP Solutions


Infosys’ US arm buys underwriting platform from STEP Solutions
February 17, 2021
Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the business process management arm of Infosys, on Tuesday announced the strategic purchase of a new business and underwriting platform from STEP Solutions Group LLC to ease the complexity of all types of insurance products such as life, annuity and health, for individuals and groups across North America.
STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a successful track record in building leading-edge technology solutions in insurance underwriting and new business. The powerful rule-driven new business and automated underwriting platform from STEP will help Infosys McCamish in enhancing its industry-leading VPAS® policy administration platform to offer end to-end business solutions in the North American insurance market. ....

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Tips on how to find out if secret life insurance policy is taken out on you


Tips on how to find out if secret life insurance policy is taken out on you
Fraud of all types is on the rise during the pandemic, everything from medical identity theft to secret life insurance policies.
By:
KGUN Staff
and last updated 2020-12-29 17:04:15-05
TUCSON, Ariz. — Fraud of all types is on the rise during the pandemic, everything from medical identity theft to secret life insurance policies.
James Quiggle with the Coalition Against Insurance Fraud says people are committing all types of fraud during the pandemic. The crimes include taking out secret life insurance policies and medical identity theft. ....

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