Compelo Insurance is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Columbian Financial selects Equisoft for modernization project

Columbian Financial Group (CFG) has continued Equisoft, a digital solutions provider for insurance and wealth industries to provide modernization project in line with its long-term vision and requirements.

This multi-year project includes deploying Equisoft's InsuranceElements advanced suite for quotes and illustrations, electronic application and self-service portals, implementing Oracle Insurance Policy Administration, and migrating data from CFG's legacy policy administration platforms.  

CFG is a premier provider of niche insurance products including a full range of life and annuity products. The company has a proud heritage of providing affordable protection through consumer-oriented products, superior service and management's commitment to financial stability.

CFG chief information officer Jordan Baugh said: "We sought a vendor with an extensive track record in the life and annuity market, and a proven implementation and data migration approach.

"After an extensive search, we're confident that we've selected not just a vendor or system integrator, but a true business partner."

CFG senior vice president Jeanne Clarke said: "Combining Equisoft's InsuranceElements and the Oracle solution will allow us to efficiently add, sell and administer new products through the complete policy life cycle – from point of sale through claims processing.

"We look forward to taking advantage of Equisoft's insight and ability to effectively guide us through our modernization journey."