Mantissa and Penn River continue to strengthen its partnership and its joint focus on the Life Insurance Product Developer. To that end, Penn River Inc. announced today in a press release that American Equity Investment Life Insurance Company (American Equity), a leading underwriter of fixed indexed annuities, is in production with Penn River’s ProductHub platform.
We, at Mantissa, believe that the Product Developer is the most underserved function in the life insurance ecosystem. We believe that embracing process efficiency is paramount, and where digitizing the product development process with leading edge tools will substantially improve efficiency and make the all-important user experience better, while achieving as much as 30% time to market and 25% cost savings opportunity.
We are excited to support our customers and congratulate American Equity ! Click here to see press release: Press Release