Big Data provides an enormous opportunity on blocks of Inforce Policy Management business. It can be used for predictive modeling for underwriting, policy persistency, lapse trends, new sales opportunities, and many more critical analysis benefits for a carrier and distributor. This page will explore data mining and analytics, and introduce you to solution providers that can turn the data into new opportunities. Inforce Platforms are designed for an advisor to monitor their block of business and do client policy reviews. There are consumer Mobile Apps where a client can make changes through Inforce Policy Management system.
Life Inforce Policy Service
Bestow’s Administration Portal provides powerful servicing tools and TPA solutions, simplifying both pre- and post-issue servicing for administrators and customers alike.
Repredict is an AI-driven insurance prediction tool that revolutionizes decision-making in the insurance sector. It empowers financial advisors and insurance professionals by leveraging the power of data analytics and artificial intelligence.
KollabRTÂ is a versatile collaboration platform designed to enhance customer support and issue resolution across various industries by enabling real-time communication and problem-solving. It features a customizable interface that can be tailored to specific business needs, including co-browsing and screen sharing, and integrates seamlessly with existing CRM and support systems. By streamlining support processes, KollabRT aims to deliver quicker resolutions and higher customer satisfaction, making customer support more efficient and effective through advanced collaboration tools.
The One Inc ClaimsPay integration is a comprehensive platform that delivers a frictionless payment experience via expanded payment methods and channels, easy-to-use portals, and established vendor/financial institution partnerships that allow all insurance payment use cases to be handled digitally on a single platform, including total loss lienholder and mortgagee payments.
The One Inc PremiumPay Platform is a comprehensive platform that delivers a frictionless payment experience via expanded payment methods, easy-to-use modals/portals, digital premium disbursements, and real-time financial reporting. The One Inc wallet provides customers with the expected continuity across payment channels and empowers carriers to deliver an optimized and seamless experience.Â
LDS™
new business and underwriting solution
LDS™ is a comprehensive digital new business and underwriting platform with a flexible eApp and full automated underwriting and workflow capabilities. You can automate your entire new business and underwriting process from receipt of app through to policy issue.
Life Insurance Sustainability Analytics – LISA – is a powerful, easy to use online toolset that tests Variable and Indexed Universal Life policy illustrations, providing a real-world assessment of the probability of achieving (or not) the policy owner’s expectations for the policy. Expectations like premiums, income from policy loans and death benefit amounts at critical ages cannot be tested for likely policy success or failure with just the standard industry illustration – LISA is currently the only way to obtain this policy performance risk assessment.
Life Insurance Sustainability Analytics – LISA – is a powerful, easy to use online toolset that tests Variable and Indexed Universal Life policy illustrations, providing a real-world assessment of the probability of achieving (or not) the policy owner’s expectations for the policy. Expectations like premiums, income from policy loans and death benefit amounts at critical ages cannot be tested for likely policy success or failure with just the standard industry illustration – LISA is currently the only way to obtain this policy performance risk assessment.
LifetimeService is a self-service platform that puts your policyholders in charge of their life insurance, easily and intuitively, allowing you to configure the experience you want your policyholder to have, including branding, layouts, workflows, and policy data.
LifetimeService is a self-service platform that puts your policyholders in charge of their life insurance, easily and intuitively, allowing you to configure the experience you want your policyholder to have, including branding, layouts, workflows, and policy data.
NIC is a multi-carrier in force data and technology platform that empowers life insurance Distributors and Agents with access to their in force life and annuity data. NIC partners directly with Carriers to receive daily data feeds and automatically generate sales and service opportunities from the in force data, helping Distributors and Agents to monetize their book.
Consolidate your book of business into one system of record, regardless of carrier or distribution channel. Track policy performance relative to client objectives throughout the life of the contract. Never miss a lapse-pending policy or conversion opportunity and protect client outcomes.