As broker dealers start to sell more life and annuity business, it’s important to streamline every aspect, while making it easy for your advisors and keeping compliance happy. Electronic life policy and annuity contract delivery is critical to the success of broker dealers.
eDelivery seems to be the last frontier for insurance carriers to realize dramatic reductions in costs and cycle times, with the upside of placement lift. But with the great benefits of eDelivery also comes many moving parts, opinions and priorities. We created this infographic with some great eDelivery quotes from our favorite movie characters, playing the roles of parties in the process like your agent, IT department, CFO and more. We hope you enjoy it as much as we did putting it together!
A few months ago, we shared the top reasons why expedite, our eDelivery platform, is a good fit for carriers and BGAs. But expedite can bring great benefits to broker dealers as well. In this post, we share the top 10 reasons why expedite is a great fit for broker dealers:
We've seen an increase in insurance carriers rushing to provide better experiences for their customers through the use of technology. Most carriers have spent millions creating easy-to-use solutions to support the sales and policy application processes. Even still, until recently, few have done much to improve the headaches associated with supporting the back end of the process. To clarify, the back end of the process includes things like:
Yesterday we published this post on the top 20 reasons why expedite is the better choice for carriers. But expedite isn't just a great fit for carriers--today, we present the top 10 reasons expedite is the better choice for your BGA:
Since we started developing expedite, we've spent a considerable amount of time meeting with insurance carriers to better understand their eDelivery needs and getting feedback on expedite's design and functionality. We've also attended numerous industry conferences, such as NAILBA, to keep a pulse on the trends and future of eDelivery and other insurance technologies.
We were excited to be at NAILBA this year for our second time and it was great for so many reasons--but mostly, to see some old friends that we’ve known for many years and meet some new ones that we hope to share experiences with for years to come. It was also great to have an opportunity show the industry how far we’ve come and to hear the positive feedback about our offerings.
Unless you’ve been living in a cave for the past ten years you’ve seen a segment of the life insurance industry grow by leaps and bounds. This area has to do with direct marketers who sell primarily over the web.