12.05
Business Wire, Dec 01, 2009
National Deployment of Short Form to Simplify and Accelerate Sales for
500 Distributors
EXTON, Pa. — iPipeline, the leader in on-demand software that supports marketing,
selling, and processing solutions for the nations top insurance
carriers, distributors and producers, today announced Banner Life
Insurance has purchased iGO e-App Drop Ticket (short form). Under the
agreement, Banner Life will be deploying iGO e-App Drop Ticket for their
life business in January 2010. The rollout will include William Penn
Life Insurance, Banner Lifes New York-based subsidiary that joined the
corporate group in 1989.
Banner Life is enabling agents to produce based on the way they like to
sell. Analyzing agent selling behavior and the associated performance
metrics are key components in our product development strategy, and iGO
e-App Drop Ticket is specifically designed to simplify and accelerate
selling for agents. It is all about speed, accuracy, and productivity
and delivering immediate benefits to carriers, distributors and agents
in todays competitive market, said Tim Wallace, CEO, iPipeline. After
agents enter information via wizard screens into the Drop Ticket, it is
emailed to the distributor for approval and then e-submitted to Banner
Lifes call center for completion. iPipeline is pleased to have Banner
Life join our list of insurance carriers who are benefiting from reduced
cycle time, greater productivity, and higher placement ratio.
iPipelines iGO e-App Drop Ticket solution provides us with a flexible
solution designed to minimize the agents time investment, hand-off the
detailed data gathering related to compliance, financing and payment,
and drive our sales. Development and deployment are on a brief timeline,
so we expect to realize a return on our investment by the end of Q1
2010, said Hank Cushard, VP Marketing, Banner Life Insurance. With 500
distributors selling our life insurance products throughout the US,
rapid distribution and ease of use were on the top of our list. The
agents ability to capture key data points and then e-submit short forms
to our call center will deliver major returns and a strong competitive
advantage in the market place.
To learn how you can implement use of iGO e-App Drop Ticket to support
the marketing, selling and processing of insurance, contact sales@ipipeline.com
or call 1-800-758-0824, option 2.
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,
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
600,000 agents in a single, Web-based environment the iPipeline
Network.
With headquarters in Exton, Pennsylvania, iPipeline has offices in
Atlanta, Charlotte, Hartford, Los Angeles, Milwaukee, and Salt Lake
City. Visit us at www.ipipeline.com.
About Banner Life Insurance
Banner’s life insurance products are sold through independent life
brokerage agencies in 48 states and the District of Columbia
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