EXTON, PA — Vertafore® and iPipeline® have announced a strategic alliance to make the sales process for life insurance policies quicker and more streamlined.
iPipeline’s iGO® e-App, one of North America’s most widely used e-application for life insurance, now integrates with Sircon® for Carriers, the leading distribution management platform from Vertafore.
By adding iGO’s capabilities to the front end of Sircon for Carriers, agents now have an e-App that makes applying for life insurance easier and reduces cycle times—within a platform that simplifies and automates onboarding, credentialing and compensation with their carrier partners. Together, the integration can improve efficiency and productivity for agents while increasing their placement ratios.
Benefits of the integration from iGO:
- A simplified, accelerated and digital process that speeds up application processing
- Application confidence by eliminating Not in Good Order (NiGO) applications
- Reduced cycle times and an increased placement ratio
- Flexible access, at any time, from anywhere, and on any device
Benefits of the integration from Sircon for Carriers:
- Quickly and easily get producers onboard and authorized to sell
- Reduced risk of regulatory non-compliance and time spent manually tracking licensing and accreditation
- Enhanced experience for agents by ensuring accurate and timely commission compensation
“Our partnership with iPipeline brings together the power of two leading solutions to truly enhance life insurance distribution for insurers and their producers,” said James Thom, chief product officer at Vertafore. “With this integration Vertafore and iPipeline are working to make it easier for carriers and agents to stay compliant and improve the quality of the data in the sales process, so that they can better serve the end-insured.”
“We are excited to partner with Vertafore to help improve the application process for our mutual customers,” added Bill Hunter, senior vice president of sales at iPipeline. “iGO’s smart technology helps guide agents through the application process and guarantees all applications—100 percent—are in good order. The integration with Vertafore’s solution gives our clients an automated way to ensure all compliance, licensing, and accreditation are completed in the e-application process.”
Vertafore and iPipeline share a focus on driving innovation that simplifies and modernizes complex insurance processes. The partnership builds on the benefits of being business units of Roper Technologies, Inc. (NYSE: ROP) and provides a natural opportunity for iPipeline and Vertafore to work together to improve compliance and distribution for their shared customers in life insurance and annuities.
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