IDC Worldsource Becomes Latest MGA to License Bluesun’s WealthServ Platform

Toronto, ON (May 25, 2017) – Bluesun, an Insurance distribution technology provider that specializes in the life insurance and investments verticals, announced IDC Worldsource Insurance Network Inc. (“IDCWIN”) as its newest client. IDCWIN has licensed Bluesun’s WealthServ platform to manage their Insurance and Segregated Fund lines of business.

IDC Worldsource is one of Canada’s leading life insurance Managing General Agencies, with 11 offices servicing thousands of advisors across Canada.

“Our decision to migrate platforms was really driven by our need to have one consolidated platform backed by an organization that can support our growth in a distribution landscape that is now changing more rapidly than ever” said Paul Brown, CEO of IDCWIN. “WealthServ is known as a leading platform for MGAs. Their 360o view of the broker will eliminate the need for dual entry into two systems, saving our team time and providing the compliance and advisor support that is required.”

Paul Brown also stated “Enhanced service was another reason for our decision to change systems and Bluesun’s Customer Advisory Board (CAB) is an excellent example of this for two reasons: First, the CAB shows the true dedication that Bluesun has for its clients, by providing a platform to discuss the ever changing industry landscape on compliance and its impact to technology. Second, Bluesun’s client list represents the vast majority of top MGAs in Canada, giving us the opportunity to not only vouch for necessary platform enhancements, but to work collaboratively with our competitors for the betterment of the industry.”

“We are thrilled to have IDC join and expand the Bluesun family. Our Clients are looking for a technology partner that cares about their growth and we are pleased to be chosen as that partner time and time again” stated Mike Donati, CEO of Bluesun. “At Bluesun we pride ourselves on providing exceptional service backed by a strong technology platform to enhance the operational efficiency of our clients. We are delighted that IDC Worldsource has chosen us as their back office solutions provider and we look forward to a solid relationship and the invaluable input they will bring to our Customer Advisory Board.”

About IDC Worldsource Insurance Network Inc.

As one of Canada’s largest life insurance Managing General Agencies, IDC Worldsource Insurance Network (IDCWIN) supports the efforts of more than 1,300 advisors across Canada. With roots dating back to 2000, IDC WIN is backed by the expertise of highly experienced industry leaders. IDCWIN offers a broad range of insurance products through established relationships with leading carriers. IDCWIN is a subsidiary of Worldsource Wealth Management Inc., a fully owned subsidiary of Guardian Capital Group Limited. Guardian is a diversified national financial services company headquartered in Toronto and founded in 1962. Guardian provides institutional and private wealth investment management services; provides financial services to international investors; and provides services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network. Its Common and Class A shares are listed on the Toronto Stock Exchange (TSX: GCG; GCG.A).

About Bluesun

Bluesun is a leading provider of software solutions to the financial services industry. Bluesun’s mission is to deliver painless software solutions to its clients. This means easy-to-use, intuitive software, with hassle-free installation and responsive, class-leading service. Today, Bluesun has over 30 clients in Canada and the US and handles almost 70% of all Canadian life insurance business in the independent channel. Bluesun was founded in 2001 with its head office located in Burlington, Ontario. For more information, visit www.bluesun.ca.

SOURCE: Bluesun