Products November 4, 2013

Sapiens Releasing Recordkeeping Platform

November 4, 2013 (PLANSPONSOR.com) – Sapiens International Corporation announced the upcoming release of its Retirement Services Recordkeeping Platform.
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The new system supports end-to-end processing of 401(k), 403(b) and 457 retirement plans, in addition to other plans defined under the Employee Retirement Income Security Act (ERISA). The system supports small- to mega-size defined contribution plans and is designed to provide flexibility through its configuration workbench. The new system is scheduled to be formally introduced to the market in early 2014.

The two companies that have already selected the Retirement Services Recordkeeping Platform are both financial services organizations. They are already underway with implementing the platform for planned use in 2014. One company is implementing the complete end-to-end system, while the other is taking a phased approach to the implementation and system rollout.

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“We are excited to be able to offer the industry a modern, cost effective platform to enable retirement services companies to grow their businesses and to take advantage of the rapidly changing and emerging new technologies,” said Ron Karam, president, Sapiens NA Insurance Solutions.

Sapiens International Corporation is a provider of software solutions for the financial services industry.

Deals and People November 4, 2013

Mercer Names Kansas City Principal Health and Benefits

November 4, 2013 (PLANSPONSOR.com) – Jack Noble has joined the Kansas City office of consulting firm Mercer as a principal in its Health and Benefits business.
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In this role, Noble will advise clients in Kansas City and throughout Missouri in all areas of health and group benefits. This includes design strategy, administration, financing, cost management, mergers and acquisitions, measurement and data analysis, claim reporting and health plan networks evaluations. Noble will report to Alan Loretta, partner and St. Louis/Kansas City office leader for Mercer’s Health and Benefits business.

Noble has more than 20 years of experience in health risk management, insurance sales and service leadership. Prior to Mercer, he was strategic account executive and vice president of Sales and Marketing for Coventry Health Care. He also served as chief operating officer at Power Group Companies. Earlier in his career, Noble held roles of increasing responsibility at MetLife, CIGNA and Gallagher Benefits Services.

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Noble earned his Bachelor of Science degree from the University of Missouri at Columbia.

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