FaithLife Financial implements advice from ProComp


TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) – ProComp Consulting, a provider of cloud-based insurance illustration solutions, today announced that FaithLife Financial has launched ProCloud, a new business illustration system and application in the cloud, to its advisors, brokers and customer service staff. Committed to growth and providing clients with the best products and services, FaithLife Financial is moving forward with a digital toolkit that advisors can easily access across multiple devices and platforms, simplifying the presentation of business solutions. insurance to customers.

“Increasing our growth opportunities has required a strategic review of the distribution processes and enabling technologies of our organizations. We realized that we needed to give our advisors and brokers a modern experience, including new digital tools to serve clients more effectively and efficiently. We are delighted to have put online this key element of our strategy: ProCloud, the New Business system and Inforce Illustration from ProComp Consulting. Now, FaithLife Financial agents and brokers are able to present new insurance solutions to their potential clients and provide current and future projections for in-force policies during client reviews. This cloud-based solution enables easy integration, single sign-on, device independence and effortless updates.

– Glenn Hymers, President and CEO FaithLife Financial

“ProComp Consulting is delighted to be a strong partner of FaithLife Financial. ProCloud will support the organization’s growth and service goals. We pride ourselves on being able to provide a leading insurance software solution on a small business budget.

– Joe Alaimo, President and CEO of ProComp Consulting

About FaithLife Financial:

FaithLife Financial is a member organization that provides insurance and investment solutions to over 33,000 members across Canada. The company manages assets of $ 396 million and has insurance in force of $ 3.2 billion as of December 31, 2020.

About ProComp Consulting:

ProComp Consulting combines actuarial and IT expertise to provide insurers with the products or people that meet their insurance product needs. ProComp combines business intelligence and business rules with calculation and reporting engines so their product suite is ready for use at head office, by insurance agents or by insurance clients. . ProComp offers new and existing illustration, electronics applications, insurance concept, and financial needs analysis software from a common compute engine, designed to be cloud native.


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