As we prepare for the launch of Annuva (for annuity maintenance) and expedite (for ePolicy delivery) in the coming months, we will begin posting more insurance and InsurTech content on our blog. Last year, we published this post on the top financial services blogs to follow. Not only has this blog post been one of the most viewed we’ve written, it’s also served as a great resource for FinServ and FinTech industry news, trends and commentary. We’ve decided to do the same for InsurTech as we launch more products for the insurance industry. This roundup of blogs represents the best commentary, insight and news in the insurance space:
We are looking forward to IRI Ops & Tech in New Orleans, in just a few weeks. If you're attending the event, plan on attending our breakfast session on Thursday May 4 with Randy Barnes and Travis Champion. The session is titled "A World of Pure Automation: The Golden Ticket for the Future of the Retirement Income Industry." We'll present the session twice, once at 7:30 am and another at 8:10 am. We promise we'll make it worth waking up so early! See below for details on our session:
Topics: IFS Events
In our previous blog post, we discussed the reasons why some of the leading Turnkey Asset Management Programs (TAMPs) are partnering with IFS to create comprehensive back office solutions. When we talk to TAMPs about how our solutions for client onboarding, asset movement and account maintenance, can fill some of the critical gaps in traditional TAMP offerings, one of the most common questions we get is: “Can’t I do all of this with a Document Vendor?”
Insurance carriers are increasingly turning to ePolicy Delivery as a way to improve customer experiences and streamline the document delivery process. When deciding which ePolicy Delivery solution to use, insurance carriers must weigh the pros and cons of building an in-house solution versus purchasing an out-of-the box one. But is there a better alternative? The infographic below shows the benefits of each approach, and how expedite offers the best of both worlds.
In honor of Saint Patrick's Day today, we wanted to dedicate a blog post to the holiday that celebrates all things Irish, especially good luck. But what exactly does business process automation have to do with "the luck of the Irish?" When we talk about the solutions we offer, we do our best to emphasize the benefits they bring to our amazing clients. In this post, we decided to take a twist on our usual approach by letting some of our wonderful clients share their experiences and the "luck" they've seen by working with us over the years.
With approximately 25 percent of financial advisors currently outsourcing to them, Turnkey Asset Management Programs (TAMPs) are a key player in the wealth management space. From 2011 to 2015, TAMPs went from having less than $147 billion in assets under management or administration to having over $1.75 trillion. As the demand for TAMPs continues to increase, advisors and financial services firms are looking to TAMPs to provide a total back office solution beyond their traditional offerings like proposal generation, billing and rebalancing.
Each year, the insurance industry uses more than 1,024,000,000 pieces of paper, just for delivering life insurance policies. By adopting an ePolicy Delivery solution, you'll save more than just a bunch of paper--you'll save time, money, and your own sanity. We created the inforgaphic below to break down just how costly paper policy delivery can be. More importantly, we've included how much you can save by implementing an ePolicy delivery system, like expedite. Interested in learning about IFS's ePolicy delivery solution, expedite? Click the button below to request more information.
Earlier this month, we attended an Aite Group webinar entitled “Top 10 Trends in Wealth Management.” During the webinar, the Aite team discussed the top 5 characteristics of FinTech companies, which, according to the independent research and advisory firm, are:
Friday the 13th is considered by many to be the most unlucky day of the year. The dreaded day has come once again, but this time, we have some good news. In recognition of today being Friday the 13th, we wanted to share 13 great things you can do with expedite, IFS's eDelivery system, specifically designed for the insurance industry. And, best of all? None of these 13 things require any luck at all on this Friday the 13th:
In Ray’s review of 2016, he highlighted some key events and topics that have not only impacted the FinTech landscape this year, but also served to provide some interesting new opportunities and innovations for 2017 and beyond. These topics were diverse and included the DOL Fiduciary Rule, Block Chain and Robo Advisors. In this post, I want to provide you with some insight and predictions for the FinTech space in 2017 based on the trends we saw in 2016.