Framingham, MA – (February 2017) – TriPlus Services, Inc. announces the successful completion of onboarding Catholic Order of Foresters (COF) and the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA), adding two new clients to its roster of full service administration clients. “These new relationships are of great strategic importance to us as we continue to focus on our full range of administrative and consulting services to insurers, reinsurers, and capital providers,” said CEO Peter Paul Lucas. “The successful implementation of two clients within a short timeframe helps validate our capabilities for the marketplace, and underscores the collaboration, platform flexibility, and technical expertise that are the foundation of our business model.”
“We found working with TriPlus to be a collaborative experience. Their team eagerly accommodated all our requests, educated us on industry best practices, and became an extension of the COF team,” said Geno Turek, Vice President Agent Care/Member Services. “TriPlus’ team of subject matter experts covering Customer Service, IT and Actuarial was a driver for selecting TriPlus. Their level of professionalism exceeded all expectations, confirming COF made the right decision in selecting TriPlus as a partner.”
Paul Peterson, Vice President, Accounting and Finance at NOLHGA, which coordinates management of the National States Insurance Company, in Liquidation (NSIC) block of business on behalf of the life, health and annuity state guaranty associations, noted: “TriPlus’ product knowledge and experience, and the ability to meet the aggressive transition timeline we imposed to implement TPA activities for the NSIC block, were key considerations in choosing the company.” He went on to say, “We thought the TriPlus team would be easy to work with, and that has turned out to be true. We have been extremely pleased and impressed with the TriPlus team to date.”
About TriPlus Services, Inc.
TriPlus is an emerging provider of full-service insurance management solutions with a focus on the Long Term Care market. Headquartered in Framingham, MA, and with operations at locations throughout the United States, TriPlus provides comprehensive administration support and targeted services in: policyholder administration, claim management/payment and actuarial services including end-to-end rate increase support.
About Catholic Order of Foresters
Established in 1883, COF is a not-for-profit Catholic life insurance company helping members achieve financial security while supporting the Catholic community through fraternal outreach of spiritual, social and community service projects. Headquartered in Naperville, IL. With more than 119,000 members nationwide, it is the third largest Catholic fraternal membership society in the United States. For more information, visit catholicforester.org, or connect with COF on Facebook, LinkedIn, Twitter, Google+, YouTube and Instagram.
About NOLHGA/State Guaranty Associations
The National Organization of Life & Health Insurance Guaranty Associations (NOLHGA) is a voluntary association made up of the life and health insurance guaranty associations of the 50 states and the District of Columbia. State guaranty associations provide coverage (up to the limits set forth in state law) for resident policyholders of insurers that have become insolvent and are licensed to do business in their states. NOLHGA assists its member associations in quickly and cost-effectively providing coverage to policyholders in the event of a multi-state life or health insurer insolvency. https://www.nolhga.com/.
To learn more please visit the company’s corporate website at www.TriPlusServices.com. For contact information, reach out to Laura Moore at 978-699-3206 or lmoore@triplusservices.com.