Co-operators Life Insurance Company Selects SunGard’s iWorks to Help Grow Group Business

Atlanta, GA and Regina SK - 26 October 2009

Canada’sCo-operators Life Insurance Company has selected SunGard’s iWorks solution suite as its enterprise platform for core policy administration of its group benefit business. SunGard’s iWorks Compass will provide Co-operators Life with a single platform for administering its current group benefits, as well as provide for future expansion of group business by offering support for group wealth products as well as voluntary products such as individual life, wealth and travel.

SunGard Consulting Services will work with Co-operators Life to help optimize process efficiency by implementing best practices for policy administration processes in conjunction with the specific processing needs of The Co-operators’ group business.

"We selected SunGard's iWorks to help us grow our group business,” said Judy Grant, vice-president of group benefits at Co-operators Life. “The integrated iWorks solution suite, consulting services and industry expertise will help us reduce our processing costs while increasing our capabilities.”
Conor Quinn, director of client services, operations, added, “SunGard's iWorks is a client-centric solution that will help Co-operators Life expand our group benefits products, services and markets without the need for additional core policy administration systems.”

Co-operators Life offers a complete range of group benefit products throughout Canada.

Greg Webber, president of SunGard’s insurance business, said, “The Co-operators’ selection of SunGard’s iWorks reflects our continued focus on the group and worksite industry in Canada. SunGard’s iWorks helps insurers achieve greater agility and resilience by providing a solution suite that can easily adapt to changing business conditions and operational requirements.”

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