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National Life Group Goes Live with FAST Platform

Staff Writer | March 23, 2015

FAST announces that National Life Group (NLG) is in production with a permanent life insurance product using FAST Insurance Components for new business processing and after-issue policy administration.  The launch, which included extensive SOA-based integration was developed and implemented within 10 months using an Agile-based methodology leveraged by collaboration between NLG and FAST teams.

“NLG believes technology can be a strategic enabler of innovation,” said Nimesh Mehta, chief technology officer of National Life Group.  “This initiative is giving us a firm base upon which to build as we look to innovate more in the future.”

“It was rewarding to see the true collaboration between NLG and FAST under the direction of Eric Plasse, vice president of NLG’s business delivery office,” says Ruth Smith, executive vice president for protection at NLG.  “Together our respective teams were able to rethink our business models and execute innovative, streamlined approaches to processing our business.”

“It’s exciting to see NLG using our software to transform their business,” says Tom Famularo, CEO of FAST.  “As much as I would love to attribute the success of this project to the software, that’s really only part of the equation.  The big ‘X factor’ is having a customer who is driven and committed and we had that here for sure.”

“What I like about this project is the re-engineering that went into it,” says Matthew Josefowicz, president and CEO of Novarica.  “It’s a great example of the way technology can and should enable new thinking.”

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