Vitech Systems Group announced that Beneva has selected V3locity, Vitech’s cloud-native administration, engagement, and analytics solution, as its new integrated administration platform to drive greater market expansion. Created by the coming together of La Capitale and SSQ Insurance, Beneva is the largest insurance mutual in Canada.
Beneva will use V3locity’s onboarding, policy administration, billing, and digital self-service (for employees, plan sponsors, and advisors) applications. Beneva will be able to support its growth with an efficient ecosystem, as it offers its products to service the needs of the Canadian market.
“V3locity will be instrumental in strengthening our operational capacity, allowing us to grow our group insurance business across Canada,” said Eric Trudel, Executive Vice-President and Lead, Group Insurance, at Beneva. “We strongly believe that our partnership with Vitech will help us enhance our digital services offering and accelerate our ecosystem integration, providing solutions of unmatched simplicity for our clients.”
V3locity is a transformative suite of complementary applications that offers full life cycle business functionality and robust enterprise capabilities. It marries core administration with a revolutionary digital experience. Its modular design enables flexible, agile deployment strategies. V3locity employs an advanced, cloud-native architecture that leverages the unique capabilities of Amazon Web Services (AWS) to deliver a solution with unparalleled security, scalability, and resiliency.
“We are delighted that Beneva has chosen V3locity as its core group insurance platform for the future,” said Gary Sherne, Vitech’s President of Insurance. “We look forward to providing Beneva with a competitive edge as it expands its geographical footprint and pursues its ambitious goals in the evolving insurance industry.”
