Acquisition Services

By leveraging LIS’ acquisition capabilities, your company can focus resources on growth and distribution management:

Integration Services
Legacy System Conversion
Third-party administration

Liberty Insurance Services Corporation is uniquely positioned to help life and health insurance companies pursue business opportunities via acquisition. LIS offers a complete portfolio of services to help insurers integrate acquisitions of life companies and blocks of in-force or closed policies. Our acquisition and integration solutions provide insurers with an efficient back-office platform for complete operations management: 

Acquisition Planning
Business Operation Transition
System Consolidation & Conversion
Management & On-going Administration of Insurance Operations

LIS is part of RBC Insurance, the insurance arm of RBC Financial Group, which provides insurance and financial products to more than 12 million North American customers. As a result, unlike other service providers, LIS has the capability to accept risk, allowing insurers to expand the scope of acquisition activities.

Through our comprehensive understanding of insurance operation consolidation and extensive active and in-force block experience, we are able to offer a full range of services that add value to acquiring life companies.

  Transition Services

We have successfully performed more than 15 transitions using our proven, custom-designed business transfer methodology. LIS knows how to efficiently move operations from one environment to another.

  System Conversions

Our conversion program is designed to typically perform full system conversions in 6 months. LIS has successfully performed over 40 conversions, including both legacy and non-legacy systems. Overall, we have converted over 6.5 million policies representing more than 4,000 types of insurance plans.

  Insurance Operations Administration Services

LIS provides all the functions needed to administer day-to-day insurance operations. Our services enable acquiring life companies to free internal resources to concentrate on business objectives while we take care of meeting customers’ needs. With four million policies currently under administration, LIS is one of the largest third-party life and health administrators in the market today.

With our extensive level of experience and unique ability to accept risk, partnering with LIS can help insurers quickly and seamlessly develop business opportunities via acquisition.