iPipeline Shows Strong Performance in the Life/Health Metacategory for North America
Exton, PA – July 15th, 2014. iPipeline®, the leader in on-demand marketing, selling and processing solutions for the nation’s top insurance carriers, distributors, financial institutions, and their agents and advisors, today announced it led the Life/Health Metacategory for Distribution in Celent’s 2014 Insurance Software Deal Trend Report with 52% of the Deal Volume. iPipeline also ranked 8th among the 51 vendors in the 2014 “Traction Index,” which Celent determined by a weighted score measuring the volume and type of agreements software companies secured for the performance period. iPipeline led the Life/Health Distribution Metacategory in Celent’s 2009, 2010, 2011, 2012 and 2013 Insurance Software Deal Trend Reports.
"2013 was a landmark year for iPipeline, and I attribute this to our ability to meet the needs of specific customers that other software vendors cannot. To better support their business development needs, we executed the strategic acquisitions of Aplifi and XRAE, and these enabled us to create the most versatile and productive platform for the life insurance, annuities and healthcare industry,” said Tim Wallace, CEO, iPipeline. “Our investments in R&D and focus on the success of our customers are delivering increasing returns across the industry, and we continue to deliver on our promise to dramatically improve how insurance is sold through our commitment to innovation and process improvement.”
“This is the sixth year in which we have received this validation from Celent’s research team, and it speaks volumes to the applicability of our solutions within the life, annuities, and healthcare industry,” added Wallace. “Our focus remains intensely on globally delivering comprehensive, high-value solutions, and we are pleased to have a commanding percentage of the software deal volume in the life/health category.”
"Distribution deals continue to be strong in life insurance,” says Karen Monks, analyst with Celent’s Insurance group and coauthor of the report. “Our conversations with life insurers reveal that many are focusing on improving the sales and distribution process through automation; the deal data supports this trend. This trend bodes well for iPipeline.”
iPipeline is the proud winner of the 2014 Red Herring Top 100 North America award. To learn how you can leverage iPipeline’s solutions for the marketing, selling and processing of life, annuity, final expense, Medicare supplement, critical illness and other financial products, contact [email protected] or call 1-800-758-0824, option 2.
iPipeline leads its industry in providing the next-generation suite of sales distribution software to the insurance and financial services markets through its on-demand service. iPipeline's channel solutions for carriers, distributors, producers and financial professionals automate activities for CRM, forms distribution and processing, quotes and illustrations, in Good Order e-Applications, agency management, data services, policy delivery and related services, enabling the insurance industry to market, sell, and process faster. iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating 125 carriers, 1,200 distributors and their financial professionals and licensed advisors in a single, Web-based environment – the iPipeline Customer Network. With headquarters in Exton, Pennsylvania, iPipeline has locations in Atlanta, Charlotte, Danville, Fort Lauderdale, Milwaukee, Salt Lake City, Tokyo, UK, and Vancouver. Visit us at www.ipipeline.com.
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