The investment supports LifeMap’s vision for further implementing a fully-integrated new business acquisition and retention system for Group insurance
Ottawa, ON – January 14, 2013 – Global IQX Inc. a leading software provider in business automation and process management for the North American employee benefits industry, will now provide underwriting software services to LifeMap Assurance Company.
LifeMap Assurance Company currently serves customers in Oregon, Washington, Utah, Idaho Montana, Wyoming and Alaska with a complete portfolio of insurance benefit plans that include life, disability, vision, dental, accident, critical illness, and short term medical coverage, as well as employee assistance programs.
Global IQX’s software platform will enhance LifeMap’s ability to provide automated proposals and renewals to business partners and employers seeking to purchase the company’s insurance products. The Global IQX platform will support an integrated solution for all group insurance products including life, disability, dental, vision, critical illness and accident.
“Global IQX has a leading technology platform with a proven track record of deploying sales and underwriting systems in the Group insurance industry. We cannot think of better partner for LifeMap as we continue to grow our business, and provide efficient support to our business partners and customers,” said Bill Barr, CEO of LifeMap.
“We are delighted to welcome LifeMap as a client,” commented Mike de Waal, CEO at Global IQX. “With a growing list of U.S. health insurance plans and Blue Cross Blue Shield plans using our solution, we have demonstrated our ability to successfully automate and streamline their group sales, underwriting and service systems. We look forward to a successful partnership with LifeMap as they gain market advantages through the use of our technology.”
LifeMap Assurance Company currently serves customers in Oregon, Washington, Utah, Idaho Montana, Wyoming and Alaska with a complete portfolio of insurance and benefit plans that are designed to offer financial protection to customers. LifeMap’s portfolio includes life, disability, vision, dental, accident, critical illness, and short term medical coverage, as well as employee assistance programs. LifeMap is headquartered in Portland, Oregon, but offers coverage in Washington, Utah, Idaho, Montana, Wyoming, Alaska and Oregon, with plans to expand in the future. LifeMap is a member of the Cambia Health Solutions family of companies, a total health and wellness solutions group headquartered in the Pacific Northwest. To learn more about LifeMap, visit www.lifemapco.com.
About Global IQX, Inc.
Global IQX, www.globaliqx.com, established in 1999, specializes in configurable, component-based sales and services automation solutions that streamline and optimize business processes for North American group benefits insurance organizations. Offered as a complete suite or as individual components, these solutions automate the processes of quoting rating, underwriting, proposal generation, renewal management and enrollment, supporting all lines of business across all market segments. Global IQX’s production-proven software platform increases operational efficiency and reduces costs while promoting improved communication and interaction within and across departments. Developed and delivered by a team with deep group insurance domain expertise, our solutions allow business users more control, with less dependence on IT resources. Clients include many of North America’s largest and most respected insurance companies.