Pekin Life Insurance Company Launches Integrated Platform to Independent Agents to Gain Speed-to-Market Advantages

Press Release from iPipeline

Exton, PA, December 13th , 2016
iPipeline® – a leading provider of cloud-based software solutions for the life insurance industry– today announced Pekin Life Insurance Company will deliver a digital buying and selling experience to independent agents.iPipeline’s integrated quoting, illustrations, and iGO® e-App solutions will be used to streamline and automate the selling of life, pre-need, and Medicare supplement products and to improve the consumer buying experience.

“Pekin Life Insurance Company approached us about their strategic sales technology initiative. They had specific requirements and a desired timeline for implementation.The competitive process entailed presenting them with a detailed proposal on how iPipeline would align our technological vision for the insurance industry with their immediate and long-term needs,” said Tim Wallace, CEO, iPipeline.“Pekin Life Insurance Company’s extensive portfolio of life, pre-need, and Medicare supplement products are well-suited to the broad capabilities of our platform. I am confident that their independent agents and customers will rapidly experience the benefits of our industry-proven solutions.”

“We decided to make the digital journey to sell our diversified insurance products, but we first needed a partner whose vision for the industry was in line with our strategic needs. Throughout the RFP process, iPipeline demonstrated the critical thinking to carve out the optimal solution set to meet our needs,” said Diane Steiner, Vice President, Life Underwriting, Pekin Life Insurance Company.“Pekin Life Insurance Company prides itself on going ‘ Beyond the expected ® ’ in our relationships with our agents and customers.The implementation of iPipeline’s quoting, illustrations, and iGO e-App solutions demonstrates our on-going commitment to technical excellence and improving the overall experience.We look forward to collaborating with iPipeline on the execution of this automation project.”

About Pekin Life Insurance Company

Pekin Life Insurance Company became an integral member of the Pekin Insurance® group of companies in April 1965. Pekin Insurance, located in Pekin, Illinois, has been providing dependable insurance coverage to families in their 21-state marketing area since 1921. Pekin Insurance has grown into a company of more than 700 employees, 1,500 agencies, and 8,500 independent agents. For more information, visit www.pekininsurance.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance industry. Through our SaaS solutions, we accelerate and simplify insurance sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the life insurance industry including carriers, agents (such as financial advisors and independent insurance agents), distributors (such as banks, broker-dealers and general agencies) and consumers. Our innovative solutions enable automated processing for pre-sales, point-of-sale execution of applications, post-sale support, reporting, consumer delivery and agency management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 120 carriers, 875 distributors and financial institutions, and their producers and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Cheltenham (UK), Fort Lauderdale, Huntersville, Philadelphia, Salt Lake City, and Vancouver. Visit www.ipipeline.com.

 

 

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