Steve Miller, Vice President, and Erica Morrison-Brazitis, Assistant Vice President, were speakers at the annual Life and Health SOA meetings in Washington, D.C. and Vancouver, Canada. Their presentations focused on opportunities for new entrants in the disability market, key industry trends that will fuel the need and demand for disability insurance, and innovative product concepts.
Effective June 1, 2003, DMS has assumed responsibility for claim servicing of in-force individual Disability Income insurance policies for Galveston, TX based ANICO.
Paul Ziobrowski, Vice President and Chief Actuary and Timothy Swankey, Actuary, have served on the Individual Disability Experience Committee of the Society of Actuaries since 2000. This committee of industry leading actuaries was assembled to study current industry morbidity experience for the purposes of developing a new valuation table to replace the 1985 CIDA Table, […]
DMS has been recognized by the Affiliated Chambers of Commerce of Greater Springfield as a “Super 60” award winner for the year 2002. DMS was recognized for the second straight year in each of the categories of Total Revenue and Revenue Growth. The “Super 60” award is bestowed upon privately held companies based in Hampden […]
Steve Miller has joined DMS as Vice President of Business Development and will oversee the company’s product development and private label initiatives. Steve was formerly Vice President of Life Products & Services for Travelers Life & Annuity, a member of CitiGroup. Under Steve’s leadership, Travelers’ Life insurance business achieved significant top and bottom line growth, […]
In early November 2001, DMS completed its conversion of the MONY Life Insurance Company’s (“MONY”) individual Disability Income insurance policy data from MONY’s mainframe system to DMS’ fully integrated policy and claim administration system. DMS’ system now supports the day to day servicing of over 70,000 MONY policies. The implementation of the system is a […]
The Affiliated Chambers of Commerce of Greater Springfield, Massachusetts have recognized DMS as a “Super 60” award winner for 2001. The 12 year-old awards program recognizes privately held companies located in Hampden and Hampshire counties for their contributions to the regional economy. Eligible companies must be in business for at least three years, and must […]
DMS is completing the development of its proprietary fully integrated policy and claim administration systems software in preparation for the data conversion of the MONY Life Insurance Companys (“MONY”) individual Disability Income policy information. DMS initiated the systems development project after entering into its administrative services contract with MONY effective January 1, 1998. The data […]
Effective June 1, 2001, DMS assumed responsibility for policy administration for certain individual Disability Income insurance policies issued by The Equitable Life Assurance Society of the United States. DMS expanded its Syracuse, New York service center to accommodate the growth of its Client Service operations. DMS Call Center capacity in Syracuse increased by approximately 75% […]
DMS has been retained by The Equitable Life Assurance Society of the United States, a subsidiary of AXA Financial, Inc, and Centre Life Insurance Company, a subsidiary of Centre Group, to administer Equitable Lifes Disability Income business directly written during or before 1993. As a result of the retention, DMS has expanded its Springfield offices […]