My coverage Flashcards
1
Q
FCL:
What was the first US State Gov deal?
How does it work for stakeholders?
A
Paid leave for Massachusetts Govt scheme.
Works by: employee applies for paid leave under state policy, state pays portion, employer (insurer) pays portion. Insurer needs interoperability with state system.
2
Q
FCL:
Key modules in Limelight asset?
Revenue vs. $1 of Adminsuite
A
Front-end: Underwriting, risk scoring, document workflow, sales/broker portals
25-30% revenue of AdminSuite
3
Q
FCL:
Whose the foundation AdminSuite client?
What’s last steps of the rollout for the client?
A
Cigna. Last step is Voluntary Benefits for Policy, TBC mid 2021. Also rolling out Absence full suite (Federal Medical Leave, American Disability Act) where today just use for paid leave.
