MIAMI, FL – SunGard today announced that First Catholic Slovak Ladies Association has implemented SunGard’s iWORKS NAVIGATOR, SunGard’s life insurance and annuity illustration system.
First Catholic Slovak Ladies Association partnered with SunGard throughout 2006 to develop NAVIGATOR as its new life insurance and annuity illustrations platform. The implementation of First Catholic Slovak Ladies Association’s life insurance line was complete within three months with plans to implement its annuity line of business as well. With NAVIGATOR, First Catholic Slovak Ladies Association has been able to provide a system to its agent force rapidly and efficiently that helps it comply with regulatory changes and promote growth.
Patrick Braun, national sales manager of First Catholic Slovak Ladies Association, said, “The implementation of SunGard’s iWORKS NAVIGATOR will help us to support our commitment to our sales force and reinforce our growth strategy in the life insurance and annuity industries. It will help ensure that our systems remain innovative and tailored to our changing industry.”
“We are pleased to support First Catholic Slovak Ladies Association in its implementation of its life insurance line of business,” said Greg Webber, president of SunGard’s iWORKS business unit.” First Catholic Slovak Ladies Association has been a valuable and respected strategic partner for many years and we look forward to a continued, mutually beneficial, long-term relationship.”
About First Catholic Slovak Ladies Association
The First Catholic Slovak Ladies Association is a fraternal benefit society founded in 1892 in Cleveland, Ohio. Under the leadership of Mrs. Anna Hurban, FCSLA was organized to address the insurance needs of individuals of Slavic descent. Today, FCSLA has grown to over 230 senior branches and 200 junior branches in 21 states, representing over 90,000 members and their families. The Society provides the highest quality life insurance, annuities and fraternal benefits to its members and has an “Excellent” rating by the A.M. Best Company. Visit First Catholic Slovak Ladies Association at www.fcsla.com .
SunGard iWORKS is a business-driven IT product family for the insurance industry in each of the following major business lines: life/health/annuities/pensions, property and casualty and reinsurance. iWORKS offers a range of products and services including front-office tools, policy administration, reinsurance, actuarial calculations, financial accounting, investment accounting, and reporting. SunGard partners with customers to deliver products and services that align with changing business and regulatory needs.
With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at www.sungard.com.