Life insurance provider Foresters has selected a solution from iPipeline to automate and streamline Foresters' business processes for independent producers in the U.S.
Under the agreement, Forester-affiliated producers will leverage iGO e-App, iPipeline's intelligent fillable forms solution, to market, sell and process individual life insurance. They will also have access to iPipeline's Data Services solution, which can standardize, centralize, and distribute pending case, in force, and licensing and appointment data to agency management systems for producer access.
Foresters, Toronto, Ont., is a not-for-profit membership-based fraternal organization that offers life insurance and other services to 835,000 members in Canada, the U.S. and U.K. iPipeline, Exton, Pa., provides on-demand marketing, selling and processing solutions for insurance carriers, distributors and producers.
"Achieving success in the all-digital enterprise requires carriers to overcome many data processing, distribution, and integration challenges," says iPipeline CEO Tim Wallace in a press statement. "Automating how producers sell and process insurance with iGO e-App is the first step in a comprehensive straight-through processing solution.
"Producers also need easy access to pending case, in force, commissions, and L&A data within the agency management system," he adds. "This actionable information enables the entire channel to gain speed-to-market and selling advantages."
In other product news:
The Principal Financial Group, Des Moines, Iowa, has enhanced its resources, education and training for financial professionals with the debut of a value-add program that includes more than 60 non-branded tools and resources in three main categories:
