Overview

Simplify your product management with Infosys McCamish’s VPAS®! VPAS is an all-in-one platform that streamlines life, annuity, and other insurance offerings (including disability, critical care, etc.) We support over 1000 products. VPAS’s out-of-the-box configurations ensure that your go-to-market is super quick, ensuring customer satisfaction and market share improvement. But VPAS® is more than that. Renowned for its strength in complex migrations, VPAS® has a proven track record handling massive conversions with hundreds of product builds. Trusted by industry leaders, VPAS® empowers you to innovate faster and streamline your business transformation.

Product lines

  • Life: Term, whole, universal, indexed, variable
  • Annuity: Deferred, immediate, fixed, variable and indexed annuities, immediate annuities
  • Others: Disability, critical care, indemnity, health

VPAS distribution channels

  • Retail/individual
  • Direct marketing/internet
  • COLI/BOLI
  • Private placement
  • International
  • Qualified/non-qualified plans
  • Worksite/group
  • Fraternal
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Insights

Importance of adhering to 409A regulations to avoid penalties and excise taxes
Point Of View

Importance of adhering to 409A regulations to avoid penalties and excise taxes
Point Of View
Navigating the BPA market: Overcoming challenges for new entrants

Navigating the BPA market: Overcoming challenges for new entrants

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The role and responsibilities of benefits administrators

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Point Of View
The Future Of Accounting: How Will Digital Transformation Impact Accountants

The Future Of Accounting: How Will Digital Transformation Impact Accountants

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How to choose the best 401(k) recordkeeping platform for your business?

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Ensuring seamless employee experience with outsourced retirement solutions
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Ensuring seamless employee experience with outsourced retirement solutions

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Point Of View

The role of automation in modern insurance solutions

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VPAS: Key Facts

70% Of the top insurance companies use VPAS
1000+ Products are configured on VPAS
40 Mn+ Active policies are administered on VPAS
22  Large & complex conversions performed, involving over 37 million policies
50 TPAs  Across 50 states of the USA
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Customer Successes

VPAS’s strength lies in its ability to support the most complex life insurance product and data migrations in North America. The system has a proven track record of supporting large conversions that require hundreds of product builds via multiplatform rationalizations.

- Leading advisor in the life and annuity space

We are thrilled to have Infosys McCamish as our partner… they are highly recognized in the insurance industry for the quality of their technology solutions and their expertise is invaluable for us to be able to launch and support the new IUL product.

- President of a global/LATAM-based insurance group

As we transform into a digital, customer-centric leader…. We are delighted to be partnering with Infosys to achieve our goals.

- President and CEO of one of the largest insurers in the US
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Unlocking premium revenue 

Helped a client achieve an eight-fold increase in annual premium revenue and reduced time-to-market by 4 weeks.

Reduce IT cost and risk  

Converted a client’s multiple legacy admin systems to VPAS® and retired dozens of surround systems.

Operational excellence 

Transformed operations and enhanced customer service experience through VPAS®.

New LOB rollout – rapid implementation 

Partnered with 3 new clients to rapidly roll out new products and lines of business, market-ready in months.

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Why us?

Here are the key benefits VPAS® offers to all its stakeholders.

Zero-touch digital straight-through processing

  • Persona-based self-service solutions
  • Zero-touch processing with omni-channel integration
  • Multi-language support
  • 360-Degree view of customers across all platforms & centralized transaction processing
  • Chatbots and smart videos
  • 25% reduction in operational costs

Visibility and ease to sell/service

  • Visibility and ease to sell/service
  • Effortless sales and service
  • Real-time visibility to book of business
  • Penetrating new markets and distribution channels fast
  • Persona-based self-service
  • Zero-touch processing with omni-channel integration
  • Seamless real-time integration with leading 3rd party producer solutions
  • 8X increase in premium

Next-gen customer experience

  • Next-gen customer experience
  • Straight-through processing with ‘one and done’ transactions, powered by Pega
  • Built-in AI, ML, RPA, and BPM, powered by Pega
  • Omni-channel platform to leverage real-time data insights
  • Intuitive UI (reduced handling time, reduced number of applications required for navigation)
  • Actionable real-time data at your fingertips
  • 30% faster average handling time

Higher return on investment and significant cost savings

  • Higher return on investment and significant cost savings
  • Modernizing the platform
  • Simplifying the landscape
  • Providing superior customer experience
  • Enhancing speed-to-market
  • Cloud-readiness
  • Reducing risks – cyber, compliance, operations, platform, transformation, and infrastructure
  • 25%+ Return on investments

Request for services

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