Unum Selects Mastek’s Elixir Policy Administration System to Modernise its Group Protection Platform

22 December 2014

Elixir will increase Unum’s responsiveness to future business growth.

Mastek, a global, enterprise-level technology solutions provider and IP based, insurance product provider, announced today that Unum, one of the UK’s leading providers of financial protection has selected Mastek’s Elixir platform as the core administration platform for their Group Protection business in the UK. Unum will implement Elixir across its Group Protection business in order to create and adapt products more quickly.

A modern, end-to-end platform, Elixir is a configurable product that offers process efficiency and effectiveness, enabling quicker responses to quote requests and comprehensive process automation. It uses the latest technology supported by open integration to provide a predictable total cost of ownership and offer extensive configuration advantages.

Peter O’Donnell, CEO at Unum commented, “Unum is dedicated to delivering first class customer service now and in the future. Our investment in Elixir for Group Protection represents our continuing commitment to service excellence and product development. We’re very pleased to be working with Mastek on the implementation of this new system.”

Aravindan Thangaraj, Financial Services Account Director at Mastek says, “The fact that Unum selected our Elixir platform to facilitate business growth is testament to how our innovative and integrated product allows insurers to improve the customer experience.”

Vidyesh Khanolkar, Head of Insurance and Financial Services at Mastek states, “We will help Unum to further develop and sustain their business whilst supporting long-term growth through the extensive flexibility that Elixir offers. Additionally, Unum will benefit from Mastek’s continuous investments in modernising and innovating the Elixir technology platform which is aimed to support Unum’s digital capabilities.”

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