Helping organisations respond to change

There has never been a greater opportunity for insurance companies to capture a share of the growing annuity market by offering products that address the changing needs of the population approaching retirement.

Insurers should consider allowing an outsourcer to deliver the full annuity administration encompassing full customer engagement, new business, payment & payroll processing through to the death of the annuitant. Achieving efficient, reliable and cost effective annuity administration and payments can mean insurers securing a greater share of this growing market.

How we can help

Xafinity Paymaster is the UK’s leading independent provider of annuity services for insurance companies.

The annuity administration service is aimed at those who wish to transfer the full responsibility for administration of an annuity portfolio to an external provider.This allows organisations to focus on capital requirements and funds under management whilst knowing that administration and payment are in safe hands.

Services are fully badged so the style and appearance of any customer interaction is consistent with that of the insurer. Xafinity Paymaster’s service is supported by a bespoke, fit for purpose annuity administration and payment system, highly configurable to suit a wide range of products.This enables new products and further books of business speedily, with minimal system development.

Download our Annuity Administration flyer to find out more and how Xafinity Paymaster can help you.