Tag: press release

BCS Insurance Agency to Offer Annuities through Four Seasons Financial Using iPipeline’s Multicarrier Platform

Written by iPipeline on . Posted in Press & News.

EXTON, PA (September 11, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced BCS Insurance Agency (BCSIA) will offer fixed and fixed indexed annuity products through Four Seasons Financial Group using SimplyAnnuityTM powered by iPipeline’s multicarrier AFFIRM® for Annuities order entry module.

AFFIRM for Annuities is a compliance and order management system designed to integrate a carrier’s complex product rules with a distributor’s compliance processing requirements (customized workflows and suitability reviews) to generate transactions that are “in good order.” Compliant annuity applications are electronically submitted to carriers for processing after successfully passing all supervisory reviews.

“BCSIA’s value-added approach to selling makes perfect sense to agents looking to offer their clients diversified financial services. Customer loyalty hinges on the buyer’s perception of value and service delivery,” said Tim Wallace, CEO, iPipeline. “With Four Seasons Financial providing BCSIA access to iPipeline’s advanced AFFIRM for Annuities platform, BCSIA will be better positioned to meet its mission of providing a full portfolio of products to its distribution partners.”

“While our partners have traditionally sold health insurance products, we made the strategic decision to break the mold, automate the process using SimplyAnnuityTM, and offer fixed and fixed indexed annuities to our partners,” said Dave Burghard, President, BCSIA. “Our philosophy is simple: insurance and financial products should be easy to purchase and simple to understand. Our decision to offer these annuities is just another part of our expanding capability to provide families what they need now and in the future.”

“While we have historically partnered with key financial services organizations – banks, broker-dealers, credit unions – we are now marketing to insurers to strategically expand their product offerings of life insurance and annuity products, automate the selling and buying process, and grow their revenue. BCSIA represents the future of one-stop selling and purchasing of diversified products,” said Jim Sorebo, CEO, Four Seasons Financial. “Given the right tools and support, there is a huge, untapped opportunity to sell these simple annuity products. SimplyAnnuityTM, powered by AFFIRM, has proven to be a powerful tool to streamline our business processes, and we are confident BCSIA will have the same experience.”

About BCSIA

BCS Insurance Agency (BCSIA) is a wholly owned subsidiary of BCS Financial Corporation (BCS). For over 70 years, BCS has provided innovative financial and insurance solutions through its partners and distributors. BCS has insurance licenses in all 50 states and is rated A- (Excellent) by A.M. Best. To learn more about BCS or BCSIA please visit our website at http://bcsins.com/.

About Four Seasons Financial Group Inc.

Four Seasons Financial Group Inc., founded in 1993, is a national wholesale provider of insurance and investments products and the technology solutions to streamline selling and buying processes to the institutional markets. FSFG works with over 250 banks and broker-dealers and over 5,000 financial advisors. Visit: www.fsfginc.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

iPipeline Wins 2018 Red Herring Top 100 North America Award

Written by iPipeline on . Posted in Press & News.

Exton, PA (June 28th, 2018) – On June 20th, Red Herring, an innovation magazine and a global media company uniting the world’s best high-technology innovators, venture investors and business decision makers in a variety of forums, announced the winners of the prestigious 2018 Red Herring Top 100 North America Award.

iPipeline®–a leading provider of cloud-based software solutions for the life insurance and financial services industry–was selected as a winner among those who competed for the honor.

Red Herring, known for its focus on innovation and technology companies, selects the most promising tech companies and issues awards to those with great market potential inNorth America. The Top 100 North America Award has always been a highlight of Red Herring. Selection was based upon technological innovation, management strength, market size, investor record, customer acquisition, and financial health.

“I am truly honored to have iPipeline selected as a 2018 Red Herring Top 100 North America Award winner. iPipeline has maintained a constant focus on delivering innovation to the life insurance and financial services industry. Innovation is the catalyst for our growth, advancement, and success,” said Tim Wallace, CEO, iPipeline. “We are the core platform in use by the industry’s leading carriers, financial institutions, and distributors, and our solutions empower their agents and advisors to more effectively market, sell and process diversified financial products. I thank Alex Vieux, Chairman of the Red Herring and his judges, for recognizing our efforts in digital transformation.”

iPipeline was recognized at the Red Herring Top 100 North America Award ceremony and dinner event on June 20th in Los Angeles among software technology leaders who are changing how enterprises are using IT solutions to digitally transform their businesses and fuel revenue growth. As part of the judging process, Red Herring considered iPipeline’s strategy for delivering the insurance industry’s most comprehensive and innovative digital platform for agents and advisors.

To learn how you can implement iPipeline’s next-generation solutions to accelerate the marketing, sellingand processing of life, annuity, health, and diversified financial products, contact sales@ipipeline.com or call 1-800-758-0824, option 2. Visit iPipeline’s website at www.ipipeline.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit us at www.ipipeline.com.

iPipeline Launches AlphaTrust e-Sign for Life Insurance and Financial Services

Written by iPipeline on . Posted in Press & News.

EXTON, PA (May 30, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced the launch of AlphaTrust® e-Sign. AlphaTrust e-Sign is an electronic signature solution that easily integrates with existing applications enabling high-volume, document process automation to reduce costs and dramatically improve the customer experience. Since 1998, over 200 million transactions have been successfully processed via AlphaTrust.

“Buyers of e-signature automation need to consider a holistic platform approach. They should ensure the selected solution delivers the desired levels of control, predictability and speed to digitize and automate document and signature processes. AlphaTrust e-Sign excels in this category,” said Tim Wallace, CEO, iPipeline. “We all have unique use cases based on how we run our business. AlphaTrust e-Sign supports simple or complex workflows, a definable user interface to match application and branding needs, strong support for application connectivity and integration, scalability to millions of transactions, robust security, and legal, regulatory and other compliance requirements. We are proud to offer one of the most comprehensive e-Sign automation solutions available today at a highly affordable price to our customers.”

“We have serviced the e-Signature automation needs of some the world’s most recognizable and trusted brands. Many of these include top insurers and financial institutions who have selected AlphaTrust e-Sign to transform their businesses, enhance the customer experience, and accelerate sales,” said Bill Brice, VP of e-Signature, iPipeline. “We have a history of providing customers with product-specific integrations to support their unique workflows and use cases with a private labelling option. Our 2018 roadmap includes iGO® e-App and DocFast® e-Delivery integrations and an ad hoc capability by Q4, with Laser App® and AFFIRM® following in 2019. Our focus is on addressing the full gamut of current and future document process automation needs for our customers, and AlphaTrust e-Sign will serve as a critical component in our platform.”

AlphaTrust e-Sign is a flexible, compliant, brandable and proven e-Signature solution. To learn more and inquire about our 2018 Early-Adopter Program Pricing, contact marketing@ipipeline.com and visit www.alphatrust.com today.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484 870 6234

iPipeline Launches InsureSight Analytics with Premier Brokerage

Written by iPipeline on . Posted in Press & News.

EXTON, PA (May 15, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced Premier Brokerage Services, a national insurance brokerage firm, has selected InsureSight® Analytics to evaluate organizational and industry performance. InsureSight Analytics, developed by iPipeline’s data analytics and data science team, is a pre-packed analytics and benchmarking solution. By evaluating key performance indicators (KPIs) from cycle time to placement ratio, InsureSight Analytics provides distributors with deep insight into business performance to avoid detrimental outcomes and drive revenue growth.

“InsureSight Analytics represents iPipeline’s first-step initiative to deliver cloud-based analytics and benchmarking to distributors within the life insurance industry. Running an efficient operation is no longer enough. Management needs a holistic view of operations and the resulting insights to improve organizational performance and drive desired growth,” said Tim Wallace, CEO, iPipeline. “We are talking about a deep-dive analysis that detects cases with poor cycle time and identifies performers with low placement ratios. It also provides advanced analytics for use in negotiating partner terms, benchmarks your agency’s KPIs against the industry, and does much more. We are excited about bringing this analytical solution to our distributors now and to our carriers and financial institutions soon.”

“Being informed and knowledgeable are two key components of the business paradigm at Premier Brokerage.The only way to ensure growth and organization performance is to get your arms around the data points,” said Steve Katz, CEO, Premier Brokerage. “We have been a user of iPipeline’s iGO® e-App, Agency Integrator® AMS and other distributor solutions for years, but the ability to drill into the day-to-day operational data and then compare our performance to the industry is an enormous value-added capability. Performance accountability for case managers, CRM owners, and agents is critical to the success of any brokerage firm. My team and I look forward to accelerating our growth through the implementation of InsureSight Analytics.”

iPipeline’s solutions are designed to enable the life insurance and financial services industry to automate and simplify all new business, administration, and in force management tasks to achieve desirable business outcomes. For assistance in reimagining how your organization does business and achieving a competitive advantage, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About Premier Brokerage Services

Premier Brokerage Services, a nationally acclaimed insurance brokerage firm headquartered near Philadelphia, Pennsylvania, is celebrating a milestone of 20 years of excellence in the industry and service to their community. With key values that extend far beyond standard brokerage models, Premier Brokerage has demonstrated significant commitment to both clients and local charitable organizations since its inception in 1995. We are a full-service brokerage firm providing comprehensive solutions to a variety of clients across the globe. To learn more about how you can work with Premier Brokerage Services, visit us at https://premierbrokerage.com/.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484 870 6234

Erie Family Life Accelerates Entire New Business Process with iPipeline’s Digital Life Insurance Platform

Written by iPipeline on . Posted in Press & News.

EXTON, PA (May 1, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today reported Erie Family Life has extended the capabilities of its digital life insurance platform by adding auto-policy generation and e-Delivery. As part of the comprehensive solution, agents can dynamically adjust values on policies, based on the carrier’s rules, to increase or decrease insurance face amounts and adjust payment frequencies upon receipt. When this occurs, DocFast, iPipeline’s e-delivery solution, requests modifications from the Illustration platform and dynamically reissues the policy, with a new illustration, to reflect agent changes.

“Digital transformation is the reimagining of our organizations to optimize how we work and service our clients. Erie Family Life has laid out an executable strategy and consistently delivered on it to achieve a position of leadership within the insurance industry,” said Tim Wallace, CEO, iPipeline. “Consumers have high expectations for a digital experience in all facets of life. The insurance industry is not an exception, and ERIE’s ability to automate and simplify the entire new business process demonstrates how innovation can produce a competitive advantage.”

“Our legacy with iPipeline spans many years of process refinement and technology integrations. During that time, we have made substantial strides in creating a digital life insurance platform to enhance the customer and agent experience,” said Louis Colaizzo, Senior Vice President of Life Insurance, Erie Family Life. “Our ability to auto-generate policies and e-Deliver them is a tremendous advantage for ERIE, our agents and our customers. We have also enabled agents to adjust face amounts, within approved underwriting parameters, to reissue policies with an illustration. This is reducing cycling and processing costs, making it easier for our agents to do business with us, and improving customer satisfaction.”

iPipeline’s platform is designed to enable the life insurance and financial services industry to automate and simplify all new business, administration, and in force management tasks to achieve desirable business outcomes. To learn how you can implement an integrated platform to gain competitive advantage, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About Erie Family Life

Erie Family Life Insurance Company underwrites and sells individual and group life insurance policies and fixed annuities. Its life insurance products comprise permanent life, both whole life and universal life, and term policies. The company also sells individual fixed annuities, including fixed ordinary deferred annuities, tax advantaged deferred annuities and immediate annuities. Erie Family Life Insurance markets its products through independent agents in Pennsylvania, Maryland, Virginia, Ohio, North Carolina, West Virginia, Indiana, Tennessee, Illinois, Wisconsin, Kentucky and the District of Columbia. The company was founded in 1967 and is based in Erie, Pennsylvania. As of May 25, 2006, Erie Family Life Insurance Company has been operating as a subsidiary of Erie Insurance Exchange Inc.Visit www.erieinsurance.com/life-insurance.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484 870 6234

iPipeline Acquires AlphaTrust

Written by iPipeline on . Posted in Press & News.

Exton, PA (March 22, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced the acquisition of AlphaTrust, an expert and global leader in electronic signature process automation solutions. Since 1998, AlphaTrust has provided its eSignature and document process automation technology to some of the world’s most trusted brands.

AlphaTrust’s PRONTOSign™ is a next-generation eSignature and document process automation platform. PRONTOSign™ automates the creation of legally enforceable, permanent business records, which are the commercial and legal equivalent of paper records.The solution creates electronic signatures that comply with applicable laws and regulations around the world.

“Digital transformation is drastically altering how the life insurance and financial services industry thinks about eSignature.Paper is undergoing an obsolescence, rapidly being replaced by automated solutions that meet the expectations of today’s digital customers,” said Tim Wallace, CEO, iPipeline. “The acquisition of AlphaTrust enables us to tightly integrate eSignature and document process automation into our platform for the industry. PRONTOSign™ will meet our customers’ immediate needs while being flexible enough to accommodate emerging business requirements and integrations. We expect to make PRONTOSign™ the industry standard within the next year.”

“The AlphaTrust acquisition immediately provides iPipeline’s customers with new levels of flexibility and control.While competing products offer a single workflow to secure an eSignature, PRONTOSign™ can accommodate the more complex and robust document workflows used in the life insurance and financial services industry,” said Bill Brice, CEO, AlphaTrust. “We process millions of critical business transactions each year, and our solution can be deployed in a data center, embedded as part of a technology stack, or used as a service, with public and private cloud options. Customers seeking customization, rapid scalability, and strong support for application connectivity and integration will achieve more control, predictability and speed as they digitize and automate various document and signature processes with PRONTOSign™.”

“Our ability to successfully execute strategic acquisitions allows us to continue to deliver the industry’s most extensive offering to meet the needs of agents, advisors and their digital consumers,” said Larry Berran, COO & CFO, iPipeline.“AlphaTrust brings document process automation and eSignature solutions that are fully compliant with North American, European and various Asia Pacific laws and regulations.Importantly, we can now embed eSignature directly within our applications and customers will immediately benefit from faster performance, tighter integration, and more control of their branding while remaining in compliance with specific industry standards, including those for insurance, financial services, and banking.”

To learn how you can explore PRONTOSign™ eSignature and document process automation as part of a comprehensive platform to gain speed-to-market advantages, contact sales@ipipeline.comtoday.

About AlphaTrust Corporation

AlphaTrust is an expert and global leader in electronic signature process automation solutions. We are trusted by some of the largest enterprise and technology service provider companies worldwide. Our solutions easily integrate with existing applications and business processes enabling high volume, document process automation to reduce costs and dramatically improve the overall customer experience while adhering to strict regulatory and compliance requirements. Through continuous innovation since 1998, we are delivering the most cost effective and advanced embedded and cloud-enabled eSignature solutions on the market. To learn more, visit www.alphatrust.com and follow us on Twitter, LinkedIn and Facebook.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit us at www.ipipeline.com.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484-870-6234

OneAmerica Launches Accelerated Underwriting with iPipeline’s New Resonant Solution

Written by iPipeline on . Posted in Press & News.

Exton, PA (March 6, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced OneAmerica®, a national leader in the insurance and financial services marketplace, has launched accelerated underwriting with iPipeline’s Resonant® New Business and Underwriting solution.

Resonant is a next-generation new business and underwriting solution for all Life Insurance, Annuity, Disability and Long-Term Care products. Its unique guideline-driven technology allows insurers to define and manage their product definitions, underwriting manual, regulatory compliance and workflows in a Microsoft Word-like format. Resonant optimizes data entry, in-good-order enforcement, correspondence, case management, underwriter workbench tasks, requirements management, and accelerated or automated underwriting.

“The future for underwriting is clear. We need to automate what has typically been a protracted and frustration-filled process.This means implementing next-generation new business and underwriting solutions with easy-to-use tools to simplify tasks, mitigate risks, render faster decisions, and improve placement ratios. Predictive modeling is also in play, and this will improve competitive positions for early adopters,” said Tim Wallace, CEO, iPipeline. “Resonant has been well-received by the industry, and Q4 delivered several new customers for us. OneAmerica is a true power user of iPipeline digital technologies, and we look forward to collaborating with them on the next step of their journey with Resonant toward accelerated underwriting.”

“Consumers and agents have high expectations for fast, reliable services and products, and we need to stay ahead of these expectations,” said Gregg Poston, VP, Individual Operations, OneAmerica. “Resonant is a platform that will support our growth now and well into the future by enabling us to offer less-invasive testing, rapid-issue or even instant-issue policies based on predictive analysis of electronic information from internal and external sources. Combined with iGO® e-App and DocFast® for e-Delivery, we’re able to offer agents solutions that help them build better relationships with their customers and with OneAmerica.”

To learn how you can explore iPipeline’s new business acquisition platform and create a bespoke solution to improve your competitive position, contact sales@ipipeline.com today.

About OneAmerica

A national leader in the insurance and financial services marketplace for more than 140 years, the companies of OneAmerica help customers build and protect their financial futures. OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit oneamerica.com/about-us/companies-of-oneamerica.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com. Join us at our Connections 2018 User Meeting & Conference at the ARIA Resort & Casino in Las Vegas from March 18th-20th.

OneAmerica® is the marketing name for the companies of OneAmerica. iPipeline is not an affiliate of the companies of OneAmerica.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484-870-6234

iPipeline and MassMutual’s LifeScore Labs Partner to Instantly Deliver Risk Scores for Underwriting

Written by iPipeline on . Posted in Press & News.

EXTON, Pa., and SPRINGFIELD, Mass., February 28th, 2018 – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – and Massachusetts Mutual Life Insurance Company (MassMutual) today announced a partnership agreement with MassMutual’s LifeScore Labs to deliver LifeScore360, LifeScore Lab’s algorithmic risk scoring solution, to life insurance carriers in the U.S. LifeScore Labs, LLC was created by MassMutual to bring to market select intellectual properties developed by MassMutual’s Data Science team.

“A rapid decisioning process using industry-standard data for accurately scoring mortality can increase placement rates and the insurer’s profitability. Our new partnership with LifeScore Labs has the potential to improve the speed of underwriting in the U.S.,” said Tim Wallace, CEO, iPipeline. “By integrating LifeScore360 with our Resonant® new business and underwriting solution, we will be delivering a first to the marketplace. When an insurer’s decision process is slow, customers often select another carrier or abandon the sale. For instance, millennial consumers represent one of the largest underserved segments within the U.S. insurance industry, and they expect faster decisions. LifeScore360 will enable a faster insurance coverage response for this key demographic group.”

LifeScore360 is an advanced risk assessment algorithm, distinct to the industry, leveraging millions of data points over decades of experience to produce a comprehensive mortality risk score. A secure web-based (API) and interpretability analysis, LifeScore 360 provides a score and detailed visualization of contributing factors, suggested score ranges for each risk class and indications of where further calibration analysis may be beneficial.

“Accurately, efficiently and transparently estimating mortality risk can directly impact carrier profitability and enhance the customer experience. The LifeScore360 algorithm has proven itself through use at MassMutual,” said Sears Merritt, MassMutual’s Chief Data Scientist.

Gareth Ross, MassMutual’s Chief Digital Officer, added, “iPipeline has a history of introducing new solutions to drive digital transformation within the life insurance industry. We are pleased about partnering with iPipeline’s team to deliver this innovative solution to the market.”

To learn how you can implement LifeScore360 and arrange for a demonstration, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About LifeScore Labs, LLC

LifeScore Labs, LLC (LifeScore Labs), a wholly owned subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual), was established to bring to market select intellectual property created by MassMutual’s Data Science team. LifeScore Labs is launching LifeScore360, an algorithmic risk scoring model for the broader insurance carrier market in the U.S. LifeScore360 can significantly reduce the time and expense to underwrite a life insurance policy and produce consistent, transparent and interpretable results. Visit www.lifescore360.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com. Join us at our Connections 2018 User Meeting & Conference at the ARIA Resort & Casino in Las Vegas from March 18th-20th. Explore the conference today.

iPipeline Reports Record Year of Sales within Life Insurance and Financial Services Industry

Written by iPipeline on . Posted in Press & News.

Exton, PA (January 24, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced a record year of momentum for new business and underwriting solution sales. iPipeline’s comprehensive New Business and Underwriting Platform offers functionality including CRM, new account opening, needs, quoting and illustrations, new business management and underwriting to policy administration and in-force management, e-delivery, forms, document management and data analytics.

“Our customers are integrating new solutions to achieve their digital ambitions. Transformation is top of mind, and 2017 ended up as an outstanding year for iPipeline to collaborate with customers on pursuing their goals,” said Tim Wallace, CEO, iPipeline.“CRM, Resonant new business and underwriting, e-App, order entry, AMS, policy generation, and e-delivery topped the list of solution sales in 2017, and all indications point to a 2018 of strategic purchases to strengthen competitive positions by better engaging the digital customer.”

“Customer commitment is an intense focus at iPipeline. From the top down and bottom up, the entire global organization understands how important our platform has become to the daily operations of our customers,” said Andrew Damico, President, iPipeline. “In 2017, customers gave us a positive ‘Pulse Score’ rating of 8.5 out of 10, and we view this level of customer satisfaction as a motivation for integrating additional iPipeline solutions. The recent acquisition of TCP LifeSystems will result in our entrance to the Policy Administration System (PAS) segment of the US market place later this year. Integrating the PAS into our platform will result in an improved quote-to-bind ratio, new competitive advantages, cost savings, and increased data analytics. Our platform will continue to offer new functionality to support the evolution of our customers’ needs.”

“This is an exciting time in the life insurance industry. Insurers are making major investments in transformation, with a particular emphasis on digital. From electronic application, to revolutionizing underwriting, to transforming the customer experience, insurers are rethinking the entire business model,” said Tom Scales, Head of Americas, Life, Annuity, and Health, Celent. “Companies like iPipeline, whose efforts to expand the capabilities of their digital platform, including strategic acquisitions, are likely positioned to secure their fair share of the business.”

To learn how you can explore iPipeline’s new business acquisition platform and create a bespoke solution to improve your competitive position, contact sales@ipipeline.com today.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com. Join us at our Connections 2018 User Meeting & Conference at the ARIA Resort & Casino in Las Vegas from March 18th-20th.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484-870-6234

iPipeline Acquires TCP LifeSystems

Written by iPipeline on . Posted in Press & News.

Exton, PA (January 3, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the financial services industry – today announced the acquisition of TCP LifeSystems, a software solutions provider to life and pensions insurance companies in the US, UK, Canada, and Ireland. TCP’s digital Policy Administration System (PAS) module offers billing, claims, reinsurance, a policyholder portal, and distribution management. By combining Resonant™ underwriting, iGO® e-App and DocFast® for e-Delivery with the new PAS module, iPipeline is better able to support the digital ambitions of its customers. The PAS is currently in use with major providers of life insurance within the UK and Ireland.

“The acquisition of TCP LifeSystems marks our immediate entrance into the PAS segment of the market place and represents iPipeline’s commitment to deliver the industry’s most comprehensive and modern platform for the financial services industry. Consumer expectations have changed, and they want a faster self-service and digital experience. This reality applies to our industry which is often labelled as being slow to adapt,” said Tim Wallace, CEO. “Our customers’ investments in transformative technology are key to meeting the industry’s evolving needs and to ensuring consumer expectations are met by offering financial solutions when they need them. We are excited about the acquisition and the potential to deliver increasing value to our customers by adding integrated PAS to our platform.”

“iPipeline has repeatedly demonstrated the value of its innovations within North America and the UK, positively impacting the growth of the financial services industry. TCP LifeSystems’ digital PAS technology has been developed to maximize efficiency and improve the customer journey, and we see this addition nicely complementing iPipeline’s industry-leading offerings,” said Ashley Hale, Managing Director, TCP LifeSystems. “By bringing iPipeline and TCP LifeSystems together, we will be able to further streamline processes to deliver outstanding value for the carrier, distributor, agent, and consumer.”

To learn how you can implement our PAS module to streamline and accelerate your business acquisition and management requirements and better engage the digital customer, contact sales@ipipeline.com or call 1-800-758-0824, option 2.

About TCP LifeSystems

Since 1989, TCP LifeSystems have been delivering software solutions to Life and Pensions Insurance companies. These clients have relied on our software to manage several million customer transactions every year. We are extremely active in the industry, being passionate about the business we serve and the role technology has to play in the future of the Financial Services market. Our approach is genuinely very different to other suppliers, and our purpose is simple… to ensure our clients gain genuine commercial advantage from the use of our software. Visit https://www.tcplifesystems.com/.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the financial services industry. Through our SaaS solutions, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, advisors, BGAs/IMOs, RIAs, banks, broker-dealers, securities/mutual fund firms, and consumers. Our innovative solutions enable automated processing throughout the business acquisition and continuity cycle.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,200 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Charlotte, Cheltenham (UK), Fort Lauderdale, Ontario (CA), Philadelphia, Pleasanton, Salt Lake City, and Vancouver. Save the date for iPipeline’s Connections 2018 User Meeting & Conference on March 18-20 at the ARIA in Las Vegas. Visit www.ipipeline.com.

For iPipeline:

Lisa Shea
Marketing
lshea@ipipeline.com
484-870-6234

Pekin Insurance Digitizes Medicare Supplement Enrollment with iPipeline’s New Business Acquisition Platform

Written by iPipeline on . Posted in Press & News.

Exton, PA (October 24, 2017) – iPipeline® – a leading provider of cloud-based software solutions for the financial services industry – today announced Pekin Insurance has selected their New Business Acquisition Platform for Medicare Supplement to automate annual enrollment activities and improve customer satisfaction. iPipeline’s comprehensive platform streamlines the full range of selling and buying activities for numerous lines of business including: Medicare Supplement, life, annuities, securities/mutual funds, disability, long-term care, pre-need, and final expense. Pekin Insurance’s solution, which includes next-generation quoting, illustrations, and the iGO e-Application for in Good Order submissions, will be deployed to 8,500 independent agents and 1,500 agencies nationwide.

“’Boomers’ have grown accustomed to convenience and speed in transactions through digital technologies and have high expectations for the customer journey. They want to be able to research products online, communicate directly with an agent, and complete the application process electronically with their agents. Our New Business Acquisition Platform allows customers to secure a tailored solution based on their business challenges, lines of business, distribution groups, and targeted business outcomes,” said Tim Wallace, CEO, iPipeline. “Pekin’s solution equips their independent agents with technology to easily and quickly get their customers enrolled with Medicare Supplement insurance and do it with a high level of customer satisfaction. iPipeline is focused on making it easier for their agents to sell and consumers to buy.We are pleased to have Pekin’s agents on our platform.”

“Speed and accuracy are critical during the open enrollment period for Medicare Supplement. The ability of our agents to rapidly respond to customer queries is important to every individual involved in the buying and selling process. Using iPipeline’s integrated solution will deliver new efficiencies, improve customer service, and help us to attract new agents,” said Joel Jackson, Vice President, Marketing, Pekin Insurance. “Pekin Insurance is committed to superior service for our customers. iPipeline’s broadly used quoting, illustrations, and e-application will serve as key components in our digital transformation strategy, and Medicare Supplement is just the beginning. Our goal is to continue to expand our digital capabilities to improve the agent and customer experience in 2018 and beyond.”

To learn how you can explore iPipeline’s New Business Acquisition Platform and create a solution to support your business needs and improve the agent, advisor, and customer experience, contact sales@ipipeline.com.

About Pekin Life Insurance Company

Pekin Life Insurance Company, located in Pekin, Illinois, has been providing dependable insurance coverage to families in their twenty-one-state marketing area since 1921. Pekin Insurance has grown into a company of more than 900 employees, 1,500 agencies, and 8,500 independent agents. For more information, visit www.pekininsurance.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the financial services industry. Through our SaaS-based New Business Acquisition Platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers/RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Cheltenham (UK), Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, Salt Lake City, and Vancouver. Visit www.ipipeline.com. Join us at our Connections 2018 User Meeting & Conference at the ARIA Resort & Casino in Las Vegas from March 18th-20th.

For iPipeline:
Lisa Shea
Marketing
lshea@ipipeline.com
484-870-6234