AUL enhances group disability insurance products and services
New strategy designed to increase benefits for the customer
Indianapolis -- June 25, 2006
The Group division of American United Life Insurance Company® (AUL), a OneAmerica company, is pleased to announce that it completed its launch of a three point strategy to enhance its Group Disability insurance products and services.
"We strongly believe this new strategy will position the company to better serve customers and producers in the increasingly competitive group insurance marketplace," said Eddy Taylor, AUL's Group division Vice President of Sales.
As part of AUL's efforts to enhance its delivery of high quality, high value group disability insurance products and services, they have enhanced the contract to meet a broader spectrum of customer needs. AUL and its customers will also benefit from a recent premium rate study that will position it better in key target segments.
Rounding out AUL's enhanced commitment to its group disability insurance business and in an effort to provide unparalleled service to its customers, AUL has entered into a relationship with Disability Reinsurance Management Services (Disability RMS) for risk management consultation and full service group disability insurance claims administration.
"This relationship with Disability RMS, a national leader in the disability risk management industry, will enable AUL to place our focus on the marketing and distribution of group disability insurance products while Disability RMS will consult on risk management and assume claims administration of AUL's group disability insurance contracts," said Taylor.
"Disability RMS brings specialized expertise that will benefit customers in the group disability insurance market," said Kathleen Serunian, DRMS's Vice President of Claims. "AUL shares our understanding of the importance of work and income in people's lives. Disability RMS is committed to helping people get back to work."
The strategic relationship brings together the strengths of each company to create a profitable growth opportunity for AUL and provide customers the benefit of world-class claims administration from Disability RMS.
About Disability RMS
Disability Reinsurance Management Services, Inc. (Disability RMS) is a fully licensed Third Party Administrator based in Westbrook, Maine that has managed over 90,000 long term and short-term disability insurance claims since 1993. With nearly $400 million in disability insurance premiums under management, Disability RMS is one of the nation’s leading providers of disability risk management products and services.
