illumifin Revenue and Competitors

illumifin is a true partner to the insurance industry, delivering tech-enabled business processing services and essential software solutions to help transform insurers for tomorrow’s digital future.BUSINESS PROCESSING SERVICESAs one of the largest North American, 3rd-party administrators with proven experience, we leverage our proprietary software platform to rapidly launch new products, transforming your operations into a cost-efficient, customer focused digital enterprise.We’re experts in the processing of open and closed books of insurance policies, supporting new business and underwriting, policy owner services, claims assessments and administration, for life, health, long-term care and annuity products across individual and group markets.SOFTWARE SOLUTIONSWe offer the North American individual and group life, annuity and health markets a leading software platform which has a simplified and streamlined UX, rich functionality with enhanced configurability, cloud enabled architecture and API connectivity.Our customers can efficiently administer policies through three integrated products: the Empower portal, which enables self-service for customers and producers, the Core Comprehensive Group & Individual Policy Administration System, and the Illuminate reporting and analytics platform, which unlocks the power of data.Through our recent acquisition of LTCG we now also provide a platform to validate and settle long-term care claims driving down administration costs and reducing fraud.