iPipeline Announces: First Interactive e-Policy Solution for Life Insurance

e-Policy Summit Held with 10 of Nation’s Top Carriers Validates Feature-Rich Solution

Exton, PA – January 19th, 2010. iPipeline™, a leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced the launch of its e-Policy solution–the first digital, interactive experience for policy delivery. iPipeline received validation for its feature-rich e-Policy solution and secure, compliant e-Signature technology at an e-Policy Summit held on January 12th with 10 of the nation’s top carriers. All attending carriers indicated the primary benefits for adopting an interactive e-Policy solution are reduced costs and increased placement ratios.

“iPipeline’s greatest assets are our customers and their participation in designing an industry leading solution that drives growth and efficiency within the insurance industry. Based on discussions with these leaders, iPipeline has created a digital, interactive experience for the consumer. Our e-Policy solution enables carriers to reduce the 20-30 day delivery period by 40-50%, while reducing printing and mailing costs for the carriers, distributors, and agents and providing an opportunity to educate, cross sell and up-selling the consumer. Another benefit built into the e-Policy is the ability for the producer to generate leads and referrals,” said Tim Wallace, CEO, iPipeline. “What our e-Policy solution really delivers is a significant placement ratio lift. One of our major carriers attending the summit stated they had reviewed all leading e-Policy solutions in the market place, and what iPipeline presented to the group is ‘way ahead’ of anything else in the market place.”

iPipeline’s new e-Policy solution delivers several benefits to carriers, distributors and agents. Attending carriers prioritized them as follows:

• Reduced costs

• Placement ratio lift through rapid e-Policy delivery

• Lead generation, referrals, education and brand visibility

• A unique consumer and agent experience

• A secure, compliant, and legally-binding solution

To learn more about iPipeline’s new e-Policy and global solutions that support the marketing, selling and processing of insurance, CONTACT US or call (800)758-0824.

About iPipeline:

iPipeline leads its industry in providing the next-generation suite of sales distribution software as a “clean technology” to the insurance and financial services markets through its on-demand service. iPipeline’s channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, agency management, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster. iPipeline provides the process automation and seamless integration needed to make a sale by aggregating over 160 carriers, 1,200 distributors, and their financial professionals in a single, Web-based environment – the iPipeline Network. With headquarters in Exton, Pennsylvania, iPipeline has offices in Atlanta, Charlotte, Milwaukee, and Salt Lake City. Visit us at Technorati