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September 9, 2009
For Immediate Release

iPipeline Enhances Industry-Leading Illustration Suite


New POS Concepts and Upgrades Provide Insurance Industry with Greater Selling Power

Exton, PA: iPipeline™, the leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced the release of its enhanced industry-leading Illustration Suite powered by COSS®. The release, made available September 1st, provides agents with improved selling power through new Needs Analysis and Advanced Sales concepts and application enhancements. Top carriers and their distributors and agents rely on iPipeline’s Illustration Suite for its power, ease of use, and simplicity in comparison to competitor products that are typically complex and difficult to use. Illustration Suite integrates with iGO e-App™, an intelligent fillable form, for the seamless transfer of information to accelerate the application process.

“iPipeline’s recent release of Illustration Suite has been designed to deliver greater selling power at the point of sale.  Without compromising the power of our solution, we have improved the user experience making it easier to use while addressing the evolving needs in the marketplace,” said Scott Alexander, Vice President, Product Management, iPipeline. “This enhanced release incorporates many of our clients’ requests for new Needs Analysis and Advanced Sales concepts.  Today, we offer the industry’s most comprehensive Illustration solution sets. The simplicity of our solution differentiates us from the competition and enables users to rapidly support point-of sale needs and win new business.”

New concepts and enhancements within the release of Illustration Suite, Version 7.1, include:

  • Advanced Sales has been expanded to 30 concepts including Split-Dollar Comparison, Term versus Permanent, and Mortgage Acceleration.
  • Two new Needs Analysis concepts, Key Person Valuation and Pension Maximization, expand the total number of Needs Analysis concepts to 15.
  • The passing of “solutions” from Needs Analysis to the Illustration module enables the agent to carry over results of the customer’s analysis, such as future income needs, to model.
  • The expanded treatment of the pension maximization concept in Needs Analysis easily and quickly determines how much insurance is needed to replace the “pension gamble”.
  • The Illustration module has an improved user experience including a single-screen entry across life and annuity product lines.

To learn more about the additions and enhancements to iPipeline’s Illustration Suite and the potential to positively impact how you market, sell and process insurance, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About iPipeline
iPipeline™ leads its industry in providing the next-generation suite of sales distribution software to the insurance and financial services markets as an on-demand service. By positively influencing behavior across the value chain through flexible, rules-based technology, iPipeline's channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster. iPipeline provides the process automation and seamless integration needed to make a sale by aggregating over 125 carriers, 850 distributors, and 400,000 agents in a single, Web-based environment — the iPipeline Network. The network generated over $3 billion in premiums in 2008.

iPipeline's simple, intuitive system integrates directly with 850 Web sites including the industry's largest banks, broker-dealers and insurance distributors via a Software as a Service (SaaS)-based model. This integrated approach enables insurance companies to automate sales distribution, eliminates point-of-sale mistakes, and streamlines the issuance of insurance policies. With headquarters in Exton, Pennsylvania, iPipeline has offices in Atlanta, Charlotte, Los Angeles, and Milwaukee. iPipeline, one of the fastest growing, privately-held companies in the US, is a Philadelphia 100 and an Inc. 5000 company. iPipeline is the proud winner of the 2009 Windows in Financial Services Innovator Award for business transformation and the 2009 ACORD Award for infrastructure platform. For more information, please visit: www.ipipeline.com..

 

 

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For more information contact:
Ashley Gerson
Marketing
484-348-6555, ext. 462

484-348-6555, x462