Conseco selects Universal Conversion Technologies as Data-Conversion Solution Provider and Project Manager.Business Editors/Health/Medical Writers/High-Tech Writers ADDISON Addison, village (1990 pop. 32,058), Du Page co., NE Ill.; inc. 1884. An industrial suburb of Chicago, it manufactures machinery and plastic items. , Texas--(BUSINESS WIRE)--Aug. 26, 2003 Conseco's business simplification initiative includes four data conversions to consolidate Conseco's health business Universal Conversion Technologies (UCT UCT University of Cape Town UCT Ukhta (Russia) UCT Underwater Construction Team UCT Upper Critical Temperature UCT Order of United Commercial Travelers of America UCT University Center Tower ), the recognized expert in insurance industry data conversions, today announced that it has been selected by Conseco Conseco (NYSE: CNO), originally Security Life of Indiana, is a financial services organization based in Carmel, Indiana. Conseco's insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than 4 million customers in the as the solution provider and integration project manager for Conseco's initiative to convert existing health business. This conversion project is in support of Conseco's business simplification effort, which includes consolidating Conseco's numerous health administration systems down to two, while lowering administrative and operational costs and enhancing data mining. The conversion project, started in mid-July n. 1. the middle part of July. Noun 1. mid-July - the middle part of July period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period" , will include a total of four conversions and will be completed in phases over a 16-month timeframe. In addition to the use of UCT conversion software and expertise, UCT will also be managing the overall integration effort. Gary Brown This page is on the American footballer. For the Irish Rugby player see Gary Brown (rugby player). Gary Leroy Brown (born July 1, 1969 in Williamsport, Pennsylvania) is a former professional American football player who was selected by the Houston Oilers in the 8th round of , chief information officer with Conseco, commented, "Conseco selected UCT to spearhead this conversion effort due to its reputation as the expert in insurance data conversion, as well as its track record of delivering quality results on time and on-budget. We anticipate significant operational cost savings from this project and a much simplified business process, making Conseco even easier to do business with for both our distribution partners and our policyholders." Jerry Kaul, UCT's chief marketing officer, added, "We are very pleased that we have been selected by Conseco, and we look forward to working with their staff on this project. The effort is already well underway, with the first conversion in progress and the second conversion on track to begin in late August. We appreciate Conseco's confidence in our experience, our staff, and the conversion tools that we bring to the effort." About Conseco The Conseco insurance companies serve nearly 5 million customers across America. Conseco's cancer, heart/stroke, accident and Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. supplement policies protect people against major unplanned expenses; Conseco's annuities and life insurance products help people plan for the financial future. For additional information, visit Conseco's Web site at www.conseco.com. About Universal Conversion Technologies Established in 1992, UCT is the recognized leader in providing data conversion software, services and methodology for the insurance industry. With hundreds of successful conversion projects completed, UCT boasts an extensive and impressive client list, including: MONY MONY Mutual of New York (Insurance - Syracuse, NY) , Nationwide, Aegon, Allianz, Conseco, ING, Allstate, Swiss RE Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions (Ligi 2006). Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm. , GE Capital, Thrivent and more. For additional information, contact UCT at 214-348-2000, e-mail Jerry Kaul (Jkaul@uctcorp.com), or visit the Web site at www.uctcorp.com. |
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