Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 259

iPipeline Acquires Canadian Solutions Provider Bluesun

Posted by fidest press agency su venerdì, 22 marzo 2019

iPipeline® – a leading provider of cloud-based software solutions for the financial services industry – today announced the acquisition of Bluesun, a leading provider of software solutions to the life insurance and financial services industry in Canada. Bluesun designs software products to automate core business processes for MGAs, national accounts, mutual fund dealers, banks and insurance companies. Their client base includes nearly 70% of all Canadian life insurers and agencies.“Canadian insurers and financial institutions are looking to rapidly merge into the fast lane of digital transformation. Bluesun has done an outstanding job of steering them in the right direction as a strategic and tactical partner,” said Tim Wallace, CEO, iPipeline. “The acquisition of Bluesun gives us the opportunity to combine the synergies of the two companies and present our Canadian clients across the industry with an innovative, straight-through processing platform strategy that has been proven effective by our U.S. customers. We’re excited about the growth potential and confident about the value we can deliver together through industry leadership and innovation.” “iPipeline is the clear leader in straight-through processing, platform modernization, accelerated underwriting, wealth management automation, and data analytics, all of which are top of mind for executives in the Canadian market place. The industry is ready to go digital,” said Simon Tomlinson, Founder and Chief Executive Officer, Bluesun. “Bluesun’s software solutions for life insurance sales, case management, and policy administration, when combined with iPipeline’s extensive offerings, will take our clients to the very leading edge and drive sales, settlement and administration of life insurance through any channel the consumer wants to choose. This will now be possible using one partner for every step in the process that takes the consumer from prospect to policyholder using a Canadian multicarrier platform. Our goal is to be a part of every life insurance transaction in Canada, and our acquisition by iPipeline is a huge step forward to accomplishing this mission.”

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