Enhancing performance through effective outsourcing
As a provider of life assurance, pensions or other investment products, you will know just how much administration is involved in the day-to-day and long-term running of your business.
At Vertex, we have the expertise to handle these processes on your behalf, leaving you free to focus on core strategy while we concentrate on streamlining your systems, enhancing your efficiency and delivering significant cost-savings.
Lamda – a contract administration and new business platform
For life and pensions clients, we’ve developed Lamda, a comprehensive contract administration and new business processing platform that can administer contemporary and legacy life, pension, protection and investment products. Lamda can also control and supervise the whole lifecycle process, from policy application through to claim or maturity; and it effectively supports electronic B2B and B2C distribution.
Outsourcing life and pensions
We have over 20 years outsourcing experience, and our life and pensions outsourcing business offers you a range of services that will transform your operation through streamlining and cost-saving measures. Our outsourcing services include:
- Individual product line administration
- Entire life and pensions business models
- New product launches
- New company launches
- Third party administration
- Change management
- New business processing
- Underwriting
- Customer service
- Past business reviews
- Claims risk management
- Actuarial services.
Download our Protection Services overview.
Read our retirement planning White Paper
You’ll find our White Paper, ‘Retirement Planning: the need for innovation and change’, interesting reading, since it challenges the standard concept of retirement and examines entirely new ways of meeting the needs of the growing over-50s population. The paper also draws on research and comment from some of the major lenders and distributors in the UK market, while considering experience of European and American market-places. To obtain a copy, please email us