Published by Trustmark on January 20th, 2021

Selection of Vitech’s V3locity® platform will support market launch

LAKE FOREST, ILL. — Trustmark Voluntary Benefits has selected Vitech’s V3locity® as its cloud-based administration platform to support its entry into the group voluntary benefits market and will be ready for enrollments June 1, 2021.

Trustmark Voluntary Benefits will use V3locity to begin administering group voluntary Critical Illness, Accident, and Hospital Indemnity insurance leveraging their full quote-to-claim capabilities, which includes quoting, rating, onboarding, enrollment, policy administration, billing, and commissions.

The selection of Vitech is based on its proven experience in rapid, successful implementations for group voluntary benefits insurers. V3locity’s cloud-native architecture and highly-personalized digital experience made Vitech the choice for Trustmark’s group voluntary benefits administration needs. Taken together, these tools will create a superior group benefits experience for Trustmark Voluntary Benefits’ brokers, employers and policyholders.

“Group Voluntary Benefits are the perfect complement to our already-strong suite of products. We are excited about the opportunities that the group platform creates for us in addition to our exclusive Universal Life with Long Term Care product. We know this combination enhances the benefits protection employers need for their employees,” said Trustmark Voluntary Benefits Executive Vice President John Anderson. “And we are confident that Vitech will help us succeed in the group market. We have over 100 years of voluntary benefits experience and a history of responsive, accountable service, so we’re confident this is the right move for our client’s continued success.”

“We look forward to helping Trustmark Voluntary Benefits build a successful group business, create a technology enabled operation, and provide an effortless digital experience to their customers.” said Frank Vitiello, Vitech’s CEO.

About Trustmark
Trustmark, through its operating divisions and subsidiaries, offers specialized expertise in voluntary benefits, self-funded health plan design and administration, and the delivery of wellness, fitness, recreation, and injury prevention and treatment programs. Trustmark offers all sizes of employers access to benefit options usually reserved for large companies, combined with the personal service you’d expect from a small firm. Our commitment to building long-term, trusted relationships helps people and businesses thrive. Trustmark: benefits beyond benefits. Visit us at https://trustmarkbenefits.com/

About Vitech®
Vitech is a global provider of cloud-based benefit and investment administration software. We help our clients expand their offerings and capabilities, streamline their operations, gain analytical insights, and transform their engagement models. Vitech employs over 1,300 professionals, serving over 100 of the world’s most successful insurance, retirement and investment organizations. An innovator and visionary, Vitech has been recognized by Gartner as a Magic Quadrant “Leader” for four years running and by Celent as a three-time XCelent award winner. For more information, please visit https://www.vitechinc.com.