Tuesday, September 20, 2005

LIDP Announces the 2009 Release of The Administrator

LIDP Announces the 2009 Release of The Administrator

SOA, Web Services, J2EE, Claims, Worksite/Group, Living Benefits and Combination Product Support Highlight the Functionality offered with the 2009 Release of The Administrator, from LIDP Consulting, Inc.

Woodridge, IL (PRWEB) April 29, 2009

LIDP Consulting Services, Inc. announces the availability of the 2009 release of The Administrator. The Administrator is the insurance industry's only 24x7 real-time policy administration, claim administration and channel management system with support for all life, health and annuity products.

2009 Release Functionality Highlights
SOA Environment Web Services J2EE Development Environment Life, Annuity, and LTC Claim Support Worksite/Group Processing Living Benefits Combination Products The newest release of The Administrator delivers on LIDP's ongoing commitment to the insurance industry and SOA. With the addition of an SOA environment and Web Services, The Administrator is poised to become the cornerstone of any insurance carrier's SOA based environment.

The Administrator continues to be the most complete life, health and annuity product processing engine available today. The 2009 release of The Administrator includes complete support for combination products and living benefits including Guaranteed Minimum Withdrawal Benefits (GMWB), Guaranteed Living Withdrawal Benefits (GLWB), Guaranteed Lifetime Income Annuities (GLIA) and Stand-Alone Living Benefits (SALB).

One LIDP client, anxious to capitalize on the functionality offered by the 2009 release, took an early release and has already installed it in their environment.

"Providing more information to their customers, whether that be the insured, the beneficiary or the agent, has been an on-going goal of our clients," said Andy Ottens, LIDP's Vice President of Client Services. "The 2009 release of The Administrator, with support for SOA and Web Services, allows our clients to provide information and services to their customers in new and creative ways. This, along with the newest product innovations, enables our customers to distinguish themselves from their competition."

About LIDP Consulting, Inc.

LIDP Consulting, Inc. has provided software and consulting services to the life, health and annuity industry for over 25 years. LIDP specializes in comprehensive administration and channel management solutions and legacy system consolidation.

Contact:
Andy Strevell
LIDP Consulting, Inc.
630-829-7100
Email: info(at)lidp. com
Http://www. lidp. com (http://www. lidp. com)

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