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Life Insurance
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Simplify across life and annuity lines with one platform

Life and annuity insurers can now use a single platform for their individual and group lines of business. Many carriers offering both individual and group-based annuities have long run these lines on separate platforms with little to no shared services—raising a barrier to value creation.

A single administration platform, scalable by contract size and spanning individual and group-based annuity business—such as pension risk transfer, stable value, medium-term notes, and structured settlements—can help simplify operations and eliminate redundancy for easier implementation, enhancement, and maintenance.

Individual Life Individual life
Individual Annuities Individual annuities
Worksite Voluntary Benefits Worksite/voluntary benefits
Pension Risk Transfer Pension risk transfer
Institutional Annuities Institutional annuities

Master the life and annuity value chain

Life And Annuity Value Chain

Master the life and annuity value chain

With simplified, scalable technology integrating a digital ecosystem of end-to-end data and analytic insights, you can quickly build core capabilities and empower agents and customers across the entire policy life cycle.

An advanced, flexible technology platform coupled with innovative, data-driven solutions—from product development to underwriting, policy administration, and claims—can help accelerate every aspect of your business and drive profitable growth.

Adapt to changing group and institutional markets

Adapt To Changing Insurance Markets

Adapt to changing group and institutional markets

Group and voluntary benefit participants have rising expectations for flexibility, visibility into their accounts, and ease of change.

Carriers can thrive with new and innovative products and capabilities, including non-insurance deductions, one-stop self-service, and ease of portable benefits. A single platform can help insurers sunset fragmented systems and bundle their benefit administration. Onboard participants and set up contracts in weeks, not months, including benefit estimates and plan provisions for deferred participants.

Quickly show customers what you can do with shared data for efficient setup and seamless integration in a full market ecosystem.

Analyst reports

Isg Landing Page Teaser

Verisk’s FAST Named a Leader in ISG Ranking of Life Insurance Platform Solutions

Verisk’s FAST platform for digital transformation in life insurance and annuities is top ranked in the leader quadrant for the second consecutive year by ISG.

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Xcelentawards Teaser

Verisk’s FAST Wins XCelent

Verisk won two of Celent’s 2021 XCelent Awards for individual policy administration systems (PAS) in North America and achieved the highest category—Luminary.

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Fast Gmq Teaser

Verisk's FAST Extends Its Leader Position in Gartner Magic Quadrant

Verisk’s FAST is recognized as a Leader in the 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America.

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Take your life insurance business to new heights

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