Mergers, Acquisitions & Market Dynamics

FINEOS & PwC Partner to Transform Modern Insurance

FINEOS

FINEOS Corporation a global leader in core systems for employee benefits and life, accident, and health insurance, today highlights its strategic alliance with PwC to help insurers accelerate modernization and deliver digitally enabled, data-driven transformation across the insurance lifecycle.

As employee benefits carriers navigate legacy technology constraints alongside rising expectations for seamless digital experiences, the cloud-native FINEOS AdminSuite on the FINEOS Platform streamlines end-to-end insurance operations from quote to claim while improving engagement for employers, employees, and brokers. Building on shared client work since 2019, PwC and FINEOS formalized an alliance in 2023, combining PwC’s deep insurance consulting expertise with the market-leading FINEOS Platform to help insurers modernize core operations, manage risk, and scale with confidence.

“Having worked closely with PwC on a number of our employee benefits clients, we are delighted to enter into a strategic partnership to migrate employee benefits carriers away from legacy core systems and onto our modern quote-to-claim platform, with embedded AI and FINEOS AdminSuite,” said Michael Kelly, CEO, FINEOS.

Rima Safari, Principal, FINEOS Alliance Leader, PwC US, added, “We’re proud to work with FINEOS to help insurers navigate today’s complex landscape and prepare for tomorrow’s opportunities. This alliance combines industry-leading technology and practical industry insight to accelerate transformation and helps deliver a better experience for both members and employers.”

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