US-based Protective Life Insurance Company has chosen iPipeline’s iGO Drop Ticket platform to simplify agent application process and accelerate insurance product sales.
iGO Drop Ticket has been designed to streamline the way agents and financial professionals market, sell and process insurance products through technology.
Protective Life’s brokerage distribution customers and financial institutions can use the platform to quickly and easily quote insurance products and submit a "ticket" or rules-based short form.
Following submission of ticket, call center tele-underwriters will complete the information gathering process with the consumer.
Protective Life Business Development vice president Aaron Seurkamp said that the next-generation selling technology enables the entire channel to achieve velocity, while significantly reducing cuts through agent red tape.
iPipeline CEO Tim Wallace said, "The beauty of the process is the agent and financial advisor are freed to engage the next customer, and the carrier and distributor gain speed-to-market advantages via electronic completion, e-Signature, and e-Submission."