Tag: press release

iPipeline and Vertafore Partner to Simplify Life Insurance Distribution for Carriers and Independent Agents

Written by iPipeline on . Posted in Press & News.

New integration between iGO e-App and Sircon for Carriers powers in good order applications and producer compliance for life insurance in real time

DENVER and EXTON, PA – June 21, 2023 – Vertafore® and iPipeline®, leading providers of software solutions for the insurance industry, today 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.

About Vertafore 

As North America’s InsurTech leader for more than 50 years, Vertafore is modernizing and simplifying the insurance life cycle so that our customers can focus on what matters most. Vertafore’s solutions provide end-to-end connectivity across the distribution channel, improve the client and agent experience, unlock the power of data, and streamline essential workflows to drive efficiency, productivity, and profitability for independent agencies, MGAs and carriers. For more information about Vertafore, visit www.vertafore.com.

©2023 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.

About iPipeline

iPipeline is building a comprehensive digitized ecosystem for the life insurance and wealth management industries, which will enable millions of those who are uninsured or under-insured to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts.

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. For more information, please visit https://www.ipipeline.com/.

MEDIA CONTACTS:

Vertafore
Liz Reilly, Next PR
vertafore@nextpr.com

iPipeline
Laura Simpson, JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com

iPipeline® Creates Dedicated Team to Enhance the Customer Experience and Help Customers Achieve Their Business Goals

Written by iPipeline on . Posted in Press & News.

Fortune 500 Veteran Leonid Davelman Joins Leading Fintech Company as VP of Customer Success to Lead Key Initiative

EXTON, PA—June 15, 2023—As part of its ongoing commitment to strategically transform the life insurance and financial services industries through its innovative technology solutions, iPipeline® announces the establishment of a dedicated customer success initiative. Leading this firm-wide initiative to ensure customers realize maximum value from the company’s solutions is Leonid Davelman, iPipeline’s new Vice President of Customer Success.

An accomplished leader, Mr. Davelman will oversee the vision and strategy for building a world-class program focused on increasing customer loyalty and long-term satisfaction. As part of this initiative, the team will identify, improve, expand, and implement well-defined and proven programs and best practices. These programs can be customized for each specific customer’s long-term definition of success, as well as promote a company-wide culture of customer success.

“As customers’ business needs continue to evolve and change, we need to understand how each customer defines and measures their success as that also changes,” said Daphne Thomas, Chief Operating Officer of iPipeline. “Leo has an impressive record as a customer advocate, and we are excited to have him on board. Leo and the team will be champions for our clients and ensure the voices of customers are heard, especially in areas such as support, service, and product adoption.”

Before joining iPipeline, Mr. Davelman was Customer Success Director for MuleSoft, a Salesforce company and the leading integration and API platform in the world, where he led a $14 million portfolio (in annual recurring revenue) of the company’s largest and most strategic retail and consumer goods customers. Prior to Salesforce, he held positions of increasing responsibility at New York Life Insurance Company, Applause, Toys R Us, and Edgewater. Mr. Davelman received a master’s degree in business studies from the University of Bremen in Germany, and a B.A. in international business and management from Dickinson College.

“I’m thrilled to be part of iPipeline, a market leader that combines technology, innovation, and expertise to deliver ground-breaking, award-winning software solutions,” said Leonid Davelman, Vice President of Customer Success at iPipeline. “We’re excited to launch our initial key priority, which is to take a comprehensive, 360-degree view of our customers’ entire relationship with us and to understand what is important to them. This will play a key role in identifying areas we can focus on to provide more value for our customers, at every stage of their iPipeline journey.”

About iPipeline

iPipeline is building a comprehensive digitized ecosystem for the life insurance and wealth management industries, which will enable millions of those who are uninsured or under-insured to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all

application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 1000® indices. For more information, please visit https://www.ipipeline.com/.

Media Contact

Laura Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com

iPipeline® Continues Its Commitment to Strategic Growth by Adding Three Key Industry Leaders

Written by iPipeline on . Posted in Press & News.

Company Adds George McDonnell as General Counsel, Diane Rowell as Chief People Officer, and Aaron Guidotti as VP of R&D

EXTON, PA—May 9, 2023—iPipeline® announces that it recently added three experienced professionals to its leadership team. These appointments are part of the company’s ongoing commitment to creating a fulfilling, inclusive, and productive environment for its team of Pipers—as the firm continues to strategically transform the life insurance and financial services industries through its innovative technology solutions.

George McDonnell recently joined iPipeline as the company’s General Counsel. In this role, Mr. McDonnell oversees the full spectrum of iPipeline’s legal operations, including customer and vendor contracting, intellectual property, employment law, privacy and data security, corporate compliance and regulatory matters, and providing advice on strategic corporate planning and decisions. He reports directly to Deane Price, Chief Executive Officer of iPipeline.

Before joining iPipeline, Mr. McDonnell was Corporate Counsel for PowerPlan Inc., a software application firm focused on the energy sector, where he provided a wide range of legal advice. Prior to that, Mr. McDonnell spent 10 years on active duty as a judge advocate in the U.S. Marine Corps, serving as a prosecutor and a forward-deployed operational law advisor for all U.S. and international special operations forces in Afghanistan. He also served as deputy general counsel for the Marine Corps’ enterprise level logistics command, and as a headquarters company commander. Mr. McDonnell received his J.D. from Notre Dame Law School and has a B.A. in Philosophy from the University of Notre Dame.

With an extensive background in all aspects of human resources, Diane Rowell also recently joined iPipeline as the company’s Chief People Officer. In this role, she leads iPipeline’s global talent and people strategy for attracting, developing, engaging, and retaining its team of diverse professionals. All teams involved in global HR functions now report to Ms. Rowell, including recruitment, employee relations, talent management, and training and development. Ms. Rowell also reports directly to Ms. Price.

Ms. Rowell joined the company from Allscripts, a global electronic health records software company, where she served as Vice President of Human Resources, Business Partners, and Business Opportunities. Earlier in her career, she was Vice President of Human Resources at Misys Healthcare Systems, where she led all aspects of Human Resources for a business unit and led the Corporate and Executive Recruiting function. Ms. Rowell is a graduate of Indiana University of Pennsylvania.

“I am confident that the addition of George and Diane to the iPipeline leadership team will be a tremendous asset to our organization,” said Deane Price, CEO of iPipeline. “Diane brings extensive industry experience, a successful track record, and a passion for people and culture that will help us as we continue to grow into the best organization we can be. George’s deep expertise and proven ability to strategically manage a variety of complex legal matters will help us to be well positioned to achieve our business goals. Together, they join our team of Pipers in our mission to provide those in the financial services industry with the best-in-class digital solutions they need to grow their business and help more people secure their financial futures.”

In addition to Mr. McDonnell and Ms. Rowell, Aaron Guidotti recently joined iPipeline as Vice President of Research & Development. As a seasoned veteran in the wealth technology sector, Mr. Guidotti works with various teams within R&D to ensure projects and releases meet the needs of customers and are smoothly deployed. He will also continue to implement and refine iPipeline’s R&D, sales, and product management initiatives and processes that support all product lines and ensure the appropriate system resources.

“Aaron has an incredibly strong track record of developing innovative and impactful WealthTech solutions, and bringing them to market efficiently and reliably,” said Chris Nichols, Chief Technology Officer of iPipeline. “We look forward to working with him as we further simplify life insurance and annuities for the agents and advisors within our digital ecosystem.”

Mr. Guidotti, who reports to Mr. Nichols, previously served as Director of Wealth Technology Innovation at Equisoft. He led Equisoft’s global growth strategy following the firm’s acquisition of Grendel—which offers a leading customer relationship management built for the wealth management industry—where he served as CEO. Mr. Guidotti was also a Financial Advisor at Capital Investment Services, Inc. He received a bachelor’s degree in finance and economics from the University of Scranton.

About iPipeline

iPipeline is building a comprehensive digitized ecosystem for the life insurance and wealth management industries, which will enable millions of those who are uninsured or under-insured to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.

Media Contact

Laura Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com

Advisor Group Selects iPipeline® Order Entry Technology to Streamline Annuities for Financial Professionals

Written by iPipeline on . Posted in Press & News.

iPipeline Ecosystem’s Solutions Create Operational and Supervisory Efficiencies to Simplify the Process
of Helping Clients Benefit from Annuities

EXTON, PA—March 9, 2023—iPipeline® announces that Advisor Group, the nation’s largest network of independent wealth management firms, has chosen to harness iPipeline’s AFFIRM® for Annuities order entry system to optimize annuity transactions for financial professionals.

The Advisor Group network consists of more than 11,000 financial professionals associated with eight wealth management firms—FSC Securities Corp., Royal Alliance, SagePoint Financial, Securities America, Triad Advisors, and Woodbury Financial Services, American Portfolios and Infinex. Through this relationship, financial professionals affiliated with Advisor Group will gain access to iPipeline’s Order Entry system to digitize their business and enhance the agent and user experience.

The AFFIRM for Annuities order entry system will enable advisors to:

• Reduce Not in Good Order (NiGO) transactions.

• Immediately identify which contracts are eligible for withdrawals and subsequent payments—without the need to conduct extensive research.

• Seamlessly route annuity orders to existing compliance and suitability queues using robust application programming interface (API) and messaging capabilities.

• Accommodate various rules, forms, and transmission changes, and quickly adapt to regulatory updates.

“The iPipeline ecosystem strengthens the ability of financial professionals to better serve clients choosing annuities in an ever-evolving marketplace—by increasing efficiency and decreasing risk,” said Robert Powell, Vice President of Sales and Wealth Management at iPipeline. “We continue our drive to innovate, further improve, and personalize the overall annuities experience. Our order entry platform will empower Advisor Group to expand its financial professional base, its client base, and its business, through simplifying the often complex and expensive processes associated with annuities.”

“Investment in cutting-edge technology is a crucial element of our ongoing commitment to our sales force, and to growing and differentiating our offering,” said Leslie Ayers, Chief Supervision Officer at Advisor Group. “iPipeline’s digital solutions and platforms will help us provide even more effective supervision and regulatory compliance for our financial professionals, while at the same time, making it so much easier for them to do business on the annuities side.”

About iPipeline

iPipeline is building a comprehensive digitized ecosystem for the life insurance and wealth management industries, which will enable millions of those who are uninsured or under-insured to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts.

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.

About Advisor Group

Advisor Group, Inc., a portfolio company of Reverence Capital Partners, is the nation’s largest network of independent wealth management firms, serving approximately 10,000 financial professionals. The firm is mission-driven to support the strategic role that financial professionals can play in the lives of their clients. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial professionals and is committed to being in their corner every step of the way. For more information visit https://www.advisorgroup.com.

Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Triad Advisors, LLC, Infinex Investments, Inc., and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Securities America, Inc., American Portfolios Financial Services, Inc., and Ladenburg Thalmann & Co., broker-dealers and member of FINRA and SIPC. Advisory services are offered through Arbor Point Advisors, LLC, American Portfolios Advisors, Inc., Ladenburg Thalmann Asset Management, Inc., Securities America Advisors, Inc., and Triad Hybrid Solutions, LLC, registered investment advisers. Advisory programs offered by FSC Securities Corporation, Royal Alliance Associates, Inc., SagePoint Financial, Inc., Securities America Advisors, Inc., Triad Advisors, LLC., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser.

Media Contacts:

Laura Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com

Joseph Kuo / Donald Cutler
Haven Tower Group for Advisor Group
424-317-4851 or 424-317-4864
jduo@haventower.com
dcutler@haventower.com

Legal & General America Harnesses iPipeline® Solutions to Optimize Distribution and Insure More Families

Written by iPipeline on . Posted in Press & News.

LGA Forges Strategic Partnership with iPipeline to Transform its Business Through Access to Real-Time, Data-Driven Insights and Benchmarks

EXTON, PA & FREDERICK, MD—October 24, 2022—iPipeline® and Legal & General America (LGA) have embarked on a data integration initiative which will help the life insurance provider strengthen distribution wallet share, product underwriting, decisioning, and pricing capabilities across its organization.

This strategic relationship will enable LGA–a top five U.S. term life insurance provider–to tap into iPipeline’s extensive real-time industry data, as well as its distribution network, to improve speed at all points of the insurance process — from quote to delivery. By using InsureSight, iPipeline’s data and case analytics, LGA will be able to competitively benchmark its sales and market performance, providing them with real-time insight at a more granular level.

“Legal & General America is a forward-thinking life insurance provider, and we are proud that our innovative solutions can offer insights which can bring the firm even closer to its distribution partners,” said David Libesman, Vice President of Data Analytics at iPipeline. “The depth and breadth of our anonymized industry data enables us to quickly identify any bottlenecks in the process while focusing on continuous improvement. This ability, coupled with iPipeline’s case analytics tools, will empower LGA with actionable intelligence for effectively meeting the evolving needs of distributors, agents and advisors, extending their market reach, and helping more families protect their financial futures.”

This innovative solution supports Legal & General America as it strives to create a brighter tomorrow for more individuals, families and businesses with access to critical life insurance protection through an easy digital application and some of the most affordable coverage options in the marketplace.

“With iPipeline’s high-quality data, we can leverage real-time information to gain valuable insights, which we use to extend our evolution as a strategic, data-driven organization,” said Shawn Homan, Vice President of Sales Operations and Strategy at Legal & General America. “With InsureSight, we can dive into the metrics to see the how we are performing against the market, or slice and dice the data to compare our actions to custom benchmarks. These insights allow us to make the most meaningful decisions so we can maximize the impact for those we serve, from distributors to hardworking individuals and families that need the protection life insurance affords.”

For more information about iPipeline, visit ipipeline.com. To learn more about LGA, visit lgamerica.com

About iPipeline

iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.

About Legal & General America

Legal & General America is part of the worldwide Legal & General Group. For over 70 years, the Legal & General America companies have been in the business of providing financial protection through life insurance for American families. The Legal & General America companies are Banner Life Insurance Company and William Penn Life Insurance Company of New York. With more than $57 billion in new coverage issued in 2020, LGA is a top five US term life insurance provider and ended 2021 with $780 billion of coverage in force with 1.4 million U.S. customers. LGA shares Legal & General’s independent financial strength ratings: A+ Superior from A.M. Best and AA- Very Strong from Standard and Poor’s and Fitch. For more information, please visit https://www.lgamerica.com.

Media Contacts:

Laura Simpson

JConnelly for iPipeline

973-713-8834

ipipelinepr@jconnelly.com

Audrey Wayne

KemperLesnik for Legal & General America

312-837-1522

audrey.wayne@kemperlesnik.com

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iPipeline® Partners with iCover, Harnessing AI Underwriting to Optimize the Insurance Buying Experience

Written by iPipeline on . Posted in Press & News.

iCover’s Algorithmic Underwriting Enables Fast and Accurate Risk Assessment at the Point of Sale, and Significantly Higher Rates of Instant Decisions

EXTON, PA—September 15, 2022—iPipeline® announced that it has entered into a strategic partnership with iCover, an InsurTech provider of algorithmic underwriting for streamlining the assessment, pricing, and delivery of life insurance. This strategic alliance harnesses the power of both platforms—with iCover helping to strengthen iPipeline’s existing automated capabilities within its Resonant® solution—to create a faster life insurance sales cycle.

iCover, which will become available via iPipeline’s iGO® e-App, uses artificial intelligence (AI) predictive modeling to assess mortality risk, reducing the digital consumer application process to five minutes—and producing fully underwritten offers without labs, exams, or attending physician statements.

“As the demand for AI-driven automated medical underwriting grows, we have partnered with an innovative and progressive AI provider to create an even faster end-to-end selling process,” said Deane Price, Chief Executive Officer of iPipeline. “The combination of iPipeline and iCover will automate and simplify a process which can normally take weeks, while increasing sales and lowering overhead. This is a game-changing enhancement for the life insurance industry, and we are proud to offer it in our ecosystem.”

The strategic initiative with Chesterfield, MO-based iCover will offer iPipeline users:

  • Simplified and accelerated application interview and experience, where medical questions and responses are channeled into iCover’s algorithm model for accurately rating applicant risk.
    • This streamlined process can be applied to multiple types of products—including term and permanent life insurance, and fixed and variable annuities.
  • Lower cost per application, due to the elimination of underwriting risk assessment time from the process.
  • More instant offers because risk is priced using iCover data and proprietary analytics.
  • 75% straight-through processing rate, enabling more point-of-sale conversions, reducing sales cycle time, and allowing insurance agents to receive payment faster.

“We built a powerful decision framework that has revolutionized underwriting,” said Hari Srinivasan, Founder and CEO of iCover. “Working together with iPipeline, we can help insurers expand their reach and sell to a greater number of customers through a seamless, digital experience that just takes a few minutes.”  

About iPipeline

iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.

About iCover

iCover is a cloud-based algorithmic underwriting platform that helps insurers sell to the middle market. By leveraging data and predictive analytics iCover can quote, underwrite, and deliver life insurance in under 5 minutes. iCover was built by industry insiders Hari Srinivasan and Nicole Mwesigwa who applied their 30+ years of InsurTech experience and intimate knowledge of automated underwriting technologies. To learn more about iCover, visit www.icoverinsure.com.

Media Contacts:

Laura Simpson

JConnelly for iPipeline

973-713-8834

ipipelinepr@jconnelly.com

Hari Srinivasan

CEO & Founder, iCover

314-255-3861

hari@icoverinsure.com

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iPipeline® Provides Advisors Excel with Unified Path Toward Accessing Core Data Analytics in Financial Services

Written by iPipeline on . Posted in Press & News.

In Partnership with Snowflake, Turnkey Solutions Provider Enables Advisors Excel to Combine
Disparate Data Systems, Automate Workflows, and Create Practice Efficiencies to
Position Advisors for Unlimited Growth

EXTON, PA and TOPEKA, KS—June 22, 2022— iPipeline® announces that Advisors Excel, a Topeka-based financial marketing organization, will leverage iPipeline’s services to obtain real-time metrics for analyzing product and operational performance, generate competitive benchmarking and create market penetration opportunities. Financial advisors within the Advisors Excel network will also be able to leverage these insights for automating workflows to increase practice efficiencies.

iPipeline integrates its InsureSight Data Factory, which is powered by data cloud company Snowflake, with Advisors Excel’s customer relationship management (CRM) system. This takes previously siloed data from across the organization’s systems and unites it so that it can be shared across business lines. The end result enables Advisors Excel to analyze life insurance/annuity cases, quotes, and e-Application data – all in an easier and faster process — to access the streamlined data. This solution will enable Advisors Excel to generate scorecards for each advisor, providing them with their overall ranking compared to peers across key metrics, including cycle time, placement ratio, paid cases, and paid premiums.

To learn more about how iPipeline can help you leverage analytics and create efficiencies to capitalize on business opportunities, click here to see how we helped Advisors Excel increase their premium by $1.2 million in 12 months.

“Many distribution firms are working with disparate data systems that have created roadblocks for continued growth. We offer the ability to look at new ways to view data and in ways that intelligence tools and pivot tables simply cannot do,” said David Libesman, Vice President of Data Analytics at iPipeline. “By unifying their data streams through our InsureSight solution, Advisors Excel can now leverage core insights to scale its business, make staffing projections, and provide financial advisors with the opportunity to maintain a competitive advantage in the marketplaces they serve. We are extremely proud to play a key role in helping Advisors Excel become a data-driven company.”

Developed by iPipeline’s data analytics and data science team, the Case Analytics service in InsureSight leverages data from iPipeline’s Agency Management System, which is comprised of more than 300 BGAs (brokerage general agents), 70 carriers, 800,000 annual application submissions, $8 billion in annuity deposits, and $4 billion in life insurance premiums across the industry.

“We have worked with iPipeline consistently for more than a decade and have grown together as our businesses continue to evolve,” said Jim Bowman, President of Life at Advisors Excel. “iPipeline is truly a leader within the life insurance and annuities data space. We view iPipeline as a strategic partner for us over the long haul. As new solutions become available through their ecosystem, we are excited to expand this existing relationship and the services we currently leverage to meet our strategic vision.”

In partnership with data cloud company Snowflake, iPipeline takes the siloed information from Advisors Excel and organizes it into one centralized location. This enhances and streamlines regulatory oversight and compliance while providing financial advisors with a broad enterprise view across all channels.

“Big Data is not just a trendy marketing term; it’s become a necessity to empower our business leaders with different ways to view data from various perspectives,” said Ryan Fickel, Chief Technology Officer of Advisors Excel. “We can’t do that if data is isolated from one system to another. iPipeline has provided us with the tools and access to consolidate multiple datasets, producing insights that can affect our bottom line—such as performance and trends.”

To learn more about iPipeline’s InsureSight solution, please visit https://www.ipipeline.com/products/insuresight, or get in touch with a sales representative via our Contact Us page: https://www.ipipeline.com/contact-us/.

About iPipeline

iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.

About Advisors Excel

Advisors Excel, founded in 2005, has redefined the role a marketing organization can play in supporting independent financial advisors. Their growth has been unparalleled in the industry and is achieved by working with a smaller group of select advisors. With a focus on making good advisors great business owners, Advisors Excel has revolutionized how financial professionals build and operate their businesses. In 2021, the 500 advisors working with Advisors Excel did over $8.9 billion in annuity, Medicare, and life insurance production. Their affiliated Registered Investment Advisory Firm, AE Wealth Management, currently manages over $18.8 billion and has been named one of the fastest-growing RIAs in the country.

Media Contact:

Laura Simpson

JConnelly for iPipeline

973-713-8834

ipipelinepr@jconnelly.com

Tracey Stratton

Public Relations Manager, Advisors Excel

tracey.stratton@advisorsexcel.com

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iPipeline® Adds Speed of Underwriting to Quote Engine with Ethos to Deliver Insurance to Agents in Minutes

Written by iPipeline on . Posted in Press & News.

Ethos Becomes First Insurtech on the Platform as Proprietary iPipeline Technology Feature Optimizes Filtering of Policies with Instant Underwriting

EXTON, PA and AUSTIN, TX—June 16, 2022—iPipeline® announces that it has entered into a strategic alliance with Ethos, one of the largest term life insurance providers in the U.S., empowering Ethos to help a wider range of consumers benefit from its online life insurance coverage platform. As the first insurtech on the iPipeline platform, Ethos can now offer its white-labeled and customized life insurance assessment, application, and policy delivery services to the more than 400,000 agents across the iPipeline ecosystem.

Ethos’ mission is to make life insurance more affordable and accessible to as many Americans as possible. With Ethos, consumers can obtain life insurance policy quotes and apply online in minutes without medical exams. Using its proprietary technology stack, Ethos can process the application instantly, providing information about coverage eligibility and rates. Once the application is approved, the policyholder can activate their coverage immediately.

Insurtechs can appear lower in lists on quote engines that were traditionally designed to sort only by premiums. iPipeline resolves this issue by displaying a “speed score” to agents. Each carrier is measured by the amount of time it takes for an agent to complete their digital application, as well as the time it takes the carrier to make an underwriting decision. These speeds and qualification scores are displayed next to the carrier’s premium. Now for the first time, agents can sort via speed and any of these categories, allowing them to help their customers get the best product for their needs, especially as more and more consumers expect instant online experiences.

“Each agent determines what matters most to their client. Sometimes that’s speed—and sometimes it’s price,” said Bill Atlee, Founder and Chief Innovation Officer of iPipeline. “Our quote engines with the added ‘speed score’ search will help Ethos stand out in an industry that is used to a 30-to-45-day underwriting process. Agents can now view Ethos’s products alongside traditional carriers with the ability to consider more than just price. We’re excited to bring the Ethos products to the many agents in the iPipeline ecosystem, and we look forward to our ongoing partnership.”

“iPipeline’s distribution and innovation capabilities will help us as we continue on our mission to protect the next million families,” said Vipul Sharma, Chief Technology Officer at Ethos. “iPipeline shares our commitment to making life insurance more accessible and improving the experience—at every point in the process. This strategic alliance allows us to seamlessly reach more consumers through the thousands of insurance agents who use iPipeline.”  

About iPipeline

iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500®, Fortune 500®, and the Russell 1000® indices. For more information, please visit https://www.ipipeline.com/.

About Ethos

Ethos is a technology company. We make it easier than ever for everyone to protect their families with life insurance. Ethos has created the insurance industry’s most advanced proprietary technology, eliminating the traditional barriers to life insurance by developing instant and accessible products that make it easy for everyone to protect their families with life insurance online, in minutes without any medical exams. We issue billions in coverage each month and an invaluable amount of peace of mind for our families every single day. Ethos is a global company, with offices in Austin, San Francisco, Seattle, and Singapore. To learn more, visit www.ethoslife.com.

Media Contacts:

Laura Simpson

JConnelly for iPipeline

973-713-8834

ipipelinepr@jconnelly.com

Sarah Freeman

Method Communications for Ethos

ethos@methodcommunications.com

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BetterLife Selects iPipeline® to Digitally Transform Its Business & Better Serve Future Generations

Written by iPipeline on . Posted in Press & News.

125-Year-Old Fraternal Benefit Society Plans to Employ the iPipeline Ecosystem to Improve Agent & Member Experiences—and Set a Foundation for Scalable Growth

EXTON, PA and MADISON, WI—April 25, 2022— iPipeline® announces that BetterLife, a life insurance company which has been serving individuals, families, and communities for more than a century, will harness the iPipeline technology ecosystem to digitize its business operations to meet its aggressive growth goals.

Madison, WI-based BetterLife was created in January 2021 following the merger of two member-owned fraternal benefit societies with a combined 200+ years of providing affordable life insurance to American families. The company’s insurance product suite encompasses term life, universal life, whole life, final expense, and annuities.

BetterLife, licensed in 17 states, aims to increase its life insurance business in the next three to five years. The life insurance company has subscribed to iPipeline’s end-to-end new business ecosystem for both agent-led and consumer-led transactions, which will help families not only acquire the right coverage but also do so more quickly and easily.

“To survive in today’s marketplace, life insurance companies must embrace digitization and better position themselves to help those who want to protect their financial futures going forward,” said Bill Hunter, Senior Vice President of Sales at iPipeline. “We’re excited to extend our market-leading technology to the fraternal channel at a price point that is affordable and provides members with an improved process. With our end-to-end technology ecosystem and distribution network, BetterLife will be able to simplify its new business process and workflows across the organization, while providing an efficient and effortless digital experience that will help them open doors and grow efficiently.”

The iPipeline team put together a fully configurable technology package for BetterLife streamlining the new business workflow, using the proven best practices screen, forms, and processing. The pre-configured solution comes with workflows optimized for the agent and distribution partners. All this leads to a cost-effective, fast, and efficient implementation. To learn more about how iPipeline’s solutions work together to digitize and optimize life insurance and annuity business processes from start to finish, please visit https://www.ipipeline.com/customers/lifeannuities/.

“Today’s members and agents want a quick, easy, and customer-friendly process, just like they experience everywhere else in their lives. To do this, we need to embark on a strategic digital transformation, which will digitize our processes, making them much faster, easier to use, and error- proof,” said Dan Shinnick, CEO and Board Chair of BetterLife. “Following an extensive selection process, we chose iPipeline to be our partner in our digital transformation journey. iPipeline is recognized as an industry leader, and offered us the important ability to work with one vendor for the entire process—from quoting and illustrations to e-App, direct-to-consumer, automated underwriting, e-Delivery, and e-Signature.”

Customers who purchase life insurance and other forms of financial protection from fraternal benefit societies, like BetterLife, become members with ownership stakes and governance rights in these organizations. Profits not required for operations, claim payments, and reserve maintenance are given back to their communities through volunteer work and philanthropic donations, or put toward member-exclusive benefits. Fraternal benefit societies are tax-exempt under Chapter 501(c)(8) of the Internal Revenue Code.

About iPipeline

iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts. 

The iPipeline digital ecosystem incorporates one of the industry’s largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500®, Fortune 500®, and the Russell 1000® indices. For more information, please visit https://www.ipipeline.com/.

About BetterLife

Founded in 1897, BetterLife is a different kind of life insurance company. BetterLife is member-owned and offers reliable protection, friendly service, and knowledgeable guidance, all with you and your loved ones in mind. We are passionate about making a difference in our communities. Our mission is to help our members protect their families’ financial futures, build better lives, and better their communities. For more information, please visit https://www.betterlifeins.com/.

Media Contact
Laura Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com

Dan Shinnick
CEO & Board Chair, BetterLife
608-824-6086
dshinnick@betterlifeins.com

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iPipeline Named One of the Country’s Top Workplaces in Energage’s National Employee Survey Program

Written by iPipeline on . Posted in Press & News.

Firm Honored Among Top Workplaces 2022 Award Recipients Based on Employee Feedback About the iPipeline Culture

EXTON, PA – February 1, 2022 – iPipeline® announced today that it has been recognized by Energage as one of the Top Workplaces in the country for 2022. The firm was selected according to the responses of its employees to questions in the Energage Workplace Survey focusing on company culture.

“These achievements reflect iPipeline’s commitment to providing a work environment where people can grow and succeed, while making a significant impact on people’s financial security,” said Larry Berran, CEO of iPipeline. “We are dedicated to creating an exceptional learning environment, fostering collaboration and diversity of perspective, and empowering Pipers to make an impact beyond their day-to-day roles. We are thankful for each one of our employees and their contributions, which is what truly makes iPipeline a top workplace.”

In Energage Workplace Survey responses, iPipeline employees, nicknamed “Pipers,” noted they feel they are genuinely appreciated, and that the company’s senior managers encourage different points of view and teamwork. iPipeline employees’ survey responses also indicate they feel well-informed about company business and operations, and strongly believe in iPipeline’s direction.

iPipeline considers its employees to be part of an extended family of professionals, enabling the company to deliver the innovative technology and tools that allow more Americans to achieve financial protection through life insurance and annuities. To learn more about the iPipeline culture, and career opportunities, please visit https://www.ipipeline.com/culture/ or https://www.ipipeline.com/careers/.

Participants in the Top Workplaces national and regional awards programs must achieve a 35% response rate to the Energage Workplace Survey from their employees. The survey asks participating company employees to anonymously respond to 24 base statements about key areas of corporate culture, such as values, cooperation, employee appreciation, as well as encouragement, support, and coaching from managers. In addition, the survey measures confidence in company leaders; employee productivity, retention, and recruitment; and company pay, benefits, training, and expectations. Energage utilizes data from 23 million employee surveys from across 70,000 organizations, which it has collected over more than 15 years, to analyze and compare the responses from participating companies, and identify which ones offer top workplaces for employees.

iPipeline and this year’s other Top Workplaces honorees were highlighted by Energage on its virtual 2022 Top Workplaces USA national award celebration today. For more information about the Top Workplaces awards program and methodology, please visit https://topworkplaces.com/about/.

About iPipeline
iPipeline is a leading provider of no code / low code, content-based digital solutions for the life insurance and financial services industry. Through our SSG Digital, end-to-end platform, we accelerate and simplify sales, compliance, operations, and support. We provide process automation and seamless integration between every participant in our ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers on a global basis. Our innovative solutions include pre-sales support, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, user-driven configuration, consumer delivery and self-service, and agency and firm management.

iPipeline’s platform is used by approximately 450 carriers and fund companies, 1,400 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Boston, Bromley (UK), Burlington (Canada), Cheltenham (UK), Dallas, Davidson, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

Media Contact:
Dana Taormina
JConnelly for iPipeline
973-647-4626
iPipelinePR@jconnelly.com

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iPipeline Selected for 2021 Global InsurTech100 Award

Written by iPipeline on . Posted in Press & News.

Industry Impact, Customer Traction, and Innovation Drive iPipeline’s Recognition

Exton, PA (October 26, 2021)—iPipeline®, a leading provider of no code / low code content-based digital solutions for the life insurance and financial services industry, today announced it has been selected as a winner of the 2021 Global InsurTech100 Award. A panel of industry analysts and experts, who reviewed companies’ applications and research on more than 1,400 InsurTech (insurance technology) companies within FinTech Global’s database, selected 100 winners around the world.

“iPipeline is pleased to be one of the 2021 Global InsurTech100 Award winners. We have focused on bringing innovative technologies of significance that streamline and accelerate business processes to the global industry. The outcome is increased premiums, reduced costs, and improved operational efficiencies that fuel growth in today’s highly competitive marketplace for our customers,” said Larry Berran, CEO, iPipeline.

“We have also gained traction by removing remote selling obstacles for our customers during the COVID-19 pandemic. New digital models are required to remain competitive in today’s tough selling environment. Our SSG Digital® Platform is the most extensive end-to-end platform available today, offering our customers extensive flexibility and levels of customization matched to their unique business needs,” added Berran. “We thank the panel for the award recognition and look forward to continuing to improve how the industry works both today and in the future.”
InsurTech is one of the largest and most active sectors within the FinTech space. According to FinTech Global, over $7 billion has been invested in InsurTech solution providers since 2015, as insurance companies and investors look to benefit from the huge impact new digital models will have on the industry.

To learn how you can implement iPipeline’s innovations to increase premiums, reduce costs, and improve operational efficiencies, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About the InsurTech100 Award
The InsureTech100 is an annual list of 100 of the world’s most innovative InsurTech companies selected by a panel of industry experts and analysts. These are the companies every leader in the insurance industry needs to know about as they consider and develop their digital transformation strategies.

The previous InsurTech100 lists received widespread attention. Companies that won places on the lists generated huge awareness among insurance firms and the wider insurance community. Many were approached directly by financial institutions while others got a more welcome reception from prospective clients and partners.

About iPipeline
iPipeline is a leading provider of no code / low code, content-based digital solutions for the life insurance and financial services industry. Through our SSG Digital, end-to-end platform, we accelerate and simplify sales, compliance, operations, and support. We provide process automation and seamless integration between every participant in our ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities / mutual fund firms, and their consumers on a global basis. Our innovative solutions include pre-sales support, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, user-driven configuration, consumer delivery and self-service, and agency and firm management.

iPipeline’s platform is used by approximately 450 carriers and fund companies, 1,400 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Boston, Bromley (UK), Burlington (Canada), Cheltenham (UK), Dallas, Davidson, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

Media Contact:
Dana Taormina
JConnelly for iPipeline
973-647-4626
iPipelinePR@jconnelly.com

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