NEWTON SQ, PA, September 22, 2020 — Penn River is pleased to announce its strategic partnership with Mantissa Group for an industry first introduction of its ProductHub platform.
Recognizing that the product development process is the heartbeat of all Life and Annuity companies, a service offering and software solution is being introduced into the marketplace in an area where no other solutions exist. Designed for heads of product development, as well as CIO’s architecting their modernization journey, the solution solves for decreased time to market, reduced cost of implementation and ongoing servicing, and reduction of operational risk.
ProductHub is an industry first solution that provides as much as a 30% reduction in time to market, and as much as a 25% reduction in carrier product development costs
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