Bringing a Digital Distribution Solution to the Financial Institution Market

Publisher: Insur IQ

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Bringing a Digital Distribution Solution to the Financial Institution Market

In a crowded market segment, a Client needed to find a significant market differentiator for the on-line sale and delivery of personal insurance and non-insurance products that would also address the ongoing customer service requirements of individual consumers. The Client required a technology platform that could be easily adapted and customized with different product offerings and uniquely branded for each of their financial institution customers. To achieve these objectives, the Client looked to benefit from a well-designed single, web-based solution that could juggle multi-product, multi-carrier offerings of both group and individual products, spanning all lines of business, managing multiple payment modes and the multitude of effective date requirements of their carrier and product vendors as well as sit side-by-side with non-insurance products in a consumer friendly self-service environment. Dynamically create and deliver personal insurance policies, certificates ID cards.