FORT WORTH, Texas — National Farm Life Insurance Company (NFLIC) will soon be making the transition to a new administrative software system. The Company has partnered with Management Data Inc. (MDI), who has specialized in insurance software for over 40 years.
NFLIC will begin using MDI’s premier product, known as the flexible insurance marketing, management administrative system (FIMMAS). FIMMAS will allow for faster product development rates and higher efficiency. This modernized technology replaces the AS400, an in- house developed software the company has used for over 30 years.
The move to a new software system brings many potential opportunities to NFLIC. As a growing company the resources of MDI become increasingly important. Their human and technical resources allow for issues to be resolved quicker and access to hardware allows for more ability and functionality for policyholders and agents alike.
Additionally, MDI can deliver products and services at discounted prices, and the FIMMAS system will track important changes to policy and tax law. Lenay Pacheco, Senior Vice President, Information Technology, Human Resources, and Corporate Secretary says that NFLIC will benefit in several ways as the transition begins.
“As we begin the transition to the FIMMAS software. We gain more resources and opportunities, and the software will bring positive change to the Company.”
MDI’s Client Services Team is committed to helping NFLIC be successful in their technology integrations and incorporating new ideas. The software company hosts Users Groups across the country where clients can intermingle, allowing for networking opportunities, idea sharing, and other collaborative communications opportunities.
The final transition for the administrative assistant should be completed in 2024.
Founded in 1946 in the Historic Fort Worth Stockyards, NFLIC offers products through more than 1,300 independent agents. Whole life insurance is the cornerstone product of the company and is complemented by a suite of financial services marketed to families across Texas.