Nassau Financial Group, L.P. has selected the digital platform from SE2, a third-party administration (TPA) services provider, to convert and manage existing life and annuity policies across multiple legacy systems.
The SE2 Aurum platform is designed to enhance customer experience, optimise cost structure, and increase speed-to-market for future products.
SE2 currently manages over two million policies for more than 25 life and annuity carriers.
“We are looking forward to the partnership with SE2 as we leverage their innovative platform to enhance our best in class customer experience,” said Phil Gass, Chairman and Chief Executive Officer (CEO) of Nassau.
“We expect the SE2 partnership will allow us to simplify our administration, optimize costs, enhance customer outcomes and launch new products more efficiently into the market,” he explained.
Gautam Thakkar, CEO of SE2, also commented: “We have invested significantly in building the best-in-class digital platform, and this is being recognized and appreciated by our clients who are able to enhance their customers’ experience while reducing time to market for new products.”
He continued: “This deal comes at the back of multiple significant wins in the recent months and is a testament to our deep expertise and track record in the U.S. Life and Annuity Insurance Third Party Administration market.”
