One of the nation's largest fraternal financial services organizations has selected the se2 enterprise SaaS (Software as a Service) platform for conversion of its variable annuity block of business.
Modern Woodmen of America analysts will now process their variable annuity product on the state-of-the-art se2 system, which provides the speed, flexibility, reliability and support for which they were searching.
"We are proud that our platform is the choice of Modern Woodmen of America, one of the premier organizations in the fraternal sector," said Eric Rea, President of se2. "Like most fraternals, Modern Woodmen is committed to providing the highest level of service to its members. Our state-of-the-art technology gives their people the tools they need to meet that standard.
"There is a great need in the fraternal sector for up-to-date technology designed specifically to meet the needs of the insurance and financial services business. We have the products and the expertise to meet that need."
Jerry Lyphout, Manager, Advanced Sales for Modern Woodmen of America, said their Variable Product Administrative Center is eager to start using the modern technological tools se2 is providing.
"We are excited about the opportunities se2 brings to the relationship with their strong technology platform. Their SaaS business processing platform will provide our analysts with the speed and flexibility needed to provide a high level of service to our sales representatives and members," Lyphout said. "The expertise that se2 brought to the conversion process was significant and enabled us to have a seamless and cost-effective transition. We look forward to a long and beneficial relationship with se2."***
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