ClearView Wealth has completed the migration of its in-force life insurance portfolios to a new cloud-based platform.
The new system consolidates all the firm’s life insurance administration onto a single system, removing duplication, streamlining processes, and – states the firm “…setting the foundation for enhanced digital experiences for advisers and customers”.
ClearView said the platform migration represents the beginning of a new growth phase for the firm with product innovation and channel development in the pipeline.
The company expects to increasingly leverage automation and artificial intelligence to reduce both acquisition and ongoing maintenance costs, and states the upgrade positions the firm as an insurer focused on efficiency and service delivery.
Founded in 2010 the company manages more than $400m in in-force premiums and maintains relationships with more than 5,000 advisers.
