Andesa Services
Policy lifecycle management software and services for life insurance and annuities carriers
Overview
Andesa provides policy administration and plan administration software and third-party administration services for life insurance and annuity carriers. The platform covers end-to-end lifecycle management, including quotes and illustrations, e-applications, policy issuance, premiums and collections, transaction processing, commission calculations, and reporting. The solution supports complex product designs, retail and group policies, and includes carrier-branded portals for agents, brokers, and policyholders.
The company has over 40 years of experience in policy and plan administration. Features include seamless integration capabilities, full audit and validation controls, and interfaces for accounting, reinsurance, valuation, and tax reporting. The platform serves 9 of the top 17 life insurance and annuity carriers with U.S.-based operations.
Key Features
- + Quotes and illustrations with same code for policy administration
- + e-Application and issuance workflows with e-signature and carrier branding
- + Premium billing and collections supporting multiple frequencies and group/individual processing
- + Commission calculation and statement generation with custom schedules
- + Agent, broker, and policy owner self-service portals
- + Full transaction audit capabilities with role-based security and temporal events