Xafinity Paymaster provides insurance companies with an administration and payments service for the full range of modern retirement income products.
We are the largest provider of outsourced annuity administration and payment services in the UK, serving over 500,000 annuitants.
We can offer either a full administration service, taking responsibility for all aspects of policy servicing including customer enquiries and death processing, or a payroll bureau service, whereby we make the payments but the life company retains responsibility for servicing the customer.
Our processes are highly automated and electronically interfaced with clients’ systems. All elements can be branded. Our own modern, bespoke administration and payment system is configured to suit a wide range of products, enabling us to add new products and further books of business speedily, with minimal development.
Our service includes tailored reporting of accounting, valuation and a wide range of Management Information data. We also offer added value services such as mortality screening.
Our clients benefit from:
- Our proven ability to complete transition projects successfully and on time.
- Our track record of providing an excellent high quality service.
- Market-leading technology.
- Competitive charges.