Group benefits insurer automates the RFP process

by Grant Buckler

One of Canada's largest life and health insurance companies has started a project that will use software to help speed up the production of quotes for group benefits programs.

Montreal-based Industrial Alliance Insurance and Financial Services Inc. on Monday said Global IQX Inc. will supply the platform for the project, the first phase of which is expected to be completed next April.

National Underwriter: Software Technology Boosts Sales and Illustration Processes

Global IQX prominently featured in the November 21, 2005 issue of National Underwriter.

Canadian Underwriter: Process First, Technology Second

By Glen Piller

Business process management (BPM) is one of the hottest technology disciplines in today's economy. Industries ranging from retail to financial services to manufacturing are implementing BPM approaches and systems to boost productivity and identify bottlenecks in how they do business. In fact, research company Gartner Inc. estimates that the worldwide BPM software market grew 15%-20% last year and exceeded US$518 million in sales volume. In addition, Gartner predicts it will grow to close to US$600 million in sales volume over the next two years.