QLAdmin Solutions - Successful Group Implementation for Six Louisiana Companies

AUSTIN, Texas - May 25, 2016 - PRLog -- Six small and privately-held life insurance companies in Louisiana have recently converted from their aging legacy system (ACS Technologies) to the QLAdmin life insurance policy administration system.

Chris McCaul, FSA, MAAA, President and CEO of QLAdmin Solutions, is proud to welcome these new clients to the QLAdmin family: Rabenhorst Life Insurance Company, Pellerin Life Insurance, Mulhearn Protective Insurance Company, Melancon Life Insurance Company, Rockett Life Insurance Company and Wilbert Life Insurance Company.

The group initiative began as the brainchild of Eddie Mire, FSA, MAAA, a consulting actuary with Rudd and Wisdom Inc., and lifelong friend and coworker of Chris McCaul. A native of Louisiana himself, Mr. Mire is the consulting actuary for these Louisiana clients and understood the processing challenges and functional limitations his clients faced during daily business operation with the legacy system. It was a common practice for company leaders to contact each other to share insight and assist staff with troubleshooting. Since these companies shared a history and were accustomed to working collaboratively, it was clear they needed a common solution to their collective problem.

After initial meetings to discuss the group contracting possibility and logistics that would be involved for a project of that scale, all companies attended a day-long group software demonstration in late September 2015 in Austin, Texas. Just a few months later, custom contracts were delivered to each company president with tailored small-company licensing, data conversion and training fees. While QLAdmin Solutions has a standing practice to help those companies with limited or no market options, the group contracting and implementation project proved to be an innovative and ultimately successful solution.

In the first-of-its-kind group arrangement for QLAdmin Solutions, six Louisiana insurance providers underwent simultaneous quoting and contracting; data conversion and validation; and implementation and training for the QLAdmin life insurance policy administration system.

QLAdmin Solutions develops and services their leading life insurance policy administration system and related tools for their clients and target market; the small to medium-sized life insurance company with traditional products. Clients include small and family owned insurance companies, fraternal benefit societies, mutual companies, credit unions, reinsurers, and funeral homes. To view a current company brochure, please click here (http://www.qladmin.com/wp-content/uploads/2016/01/QLAdmin...). Companies interested in learning more about the QLAdmin system should visit www.qladmin.com or call 512-645-2990 between 8am and 6pm CST.

About QLAdmin Solutions - QLAdmin Solutions Inc. is a software company of insurance experts that enables insurance providers to succeed in their markets, and has provided complete, end-to-end life insurance policy administration since 1988 (www.qladmin.com). Today, over 45 companies in the U.S., Canada, Central America and the Caribbean use QLAdmin and related system tools. QLAdmin Solutions is headquartered in Austin, Texas.