Voya Financial Selects FINEOS Platform to Enhance Integrated Disability and Absence Management
August 27 2024 - 5:00AM
Business Wire
FINEOS Corporation (ASX:FCL) announced today that Voya Financial
has selected the FINEOS Platform for its integrated disability
management and absence (IDAM) claims. Voya is a leading health,
wealth and investment company based in the United States. The
FINEOS Platform for IDAM Solution is scheduled to go live in 2025
to support Voya’s refreshed unpaid and paid leave management
administration.
FINEOS is the global leader providing end-to-end core software
systems for life, accident and health insurance. The FINEOS
Platform is purpose-built for the group, absence and the
supplemental employee benefits market. More than forty customers in
North America use the FINEOS Platform, and FINEOS serves 7 of the
10 largest employee benefits insurers in the U.S.
“We are delighted Voya has chosen FINEOS and look forward to
building a long-term, mutually beneficial relationship,” said CEO
Michael Kelly. “The FINEOS Platform will help Voya and its
insurance companies deliver an excellent customer experience and
will bring automation and efficiencies to their business
operations, enabling their staff to maximize their time caring for
their customers in the moments that matter the most.”
“We believe the FINEOS purpose-built platform, along with their
industry-leading capabilities in IDAM administration, will help
Voya to support our strategic growth in the workplace,” said Rob
Grubka, CEO, Workplace Solutions for Voya Financial. “As we move
forward, we are excited to work together with FINEOS as we continue
to leverage their expertise in providing innovative workplace
products and services to our customers.”
About FINEOS Corporation
FINEOS is a leading provider of core systems for life, accident
and health insurers globally with 7 of the 10 largest employee
benefits insurers in the U.S., as well as a 70% market share of
group insurance in Australia. With employees and offices throughout
the world, FINEOS continues to work with innovative, progressive
insurers in North America, EMEA, and Asia Pacific.
For more information, please contact FINEOS.
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Victoria Jamison victoria.jamison@fineos.com
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