iPipeline and Rolling Solutions Announce Partnership - Insurance News | InsuranceNewsNet

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August 10, 2011
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iPipeline and Rolling Solutions Announce Partnership

The Insurance Industry’s Most Widely Used Term Quote Engine Now Has XRAE Integration

EXTON, Pa.--(BUSINESS WIRE)-- iPipeline®, the leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced that Rolling Solutions’ XRAE™ underwriting engine will be integrated with iPipeline’s term quote engine. iPipeline’s popular solution is used by 1,200 distributors and their agents for the marketing, selling and processing of insurance in the US and Canada.

“By integrating our term quote engine with XRAE, we have eliminated the need for an agent to guess someone’s health class. Now agents can seamlessly receive rules-based underwriting quotes via XRAE for multiple carriers, compare them, and move through the application process knowing the guesswork is gone,” said Bill Atlee, Chief Strategy Officer, iPipeline. “This is another industry first for iPipeline and a major step forward in simplifying and accelerating the selling process. We are excited about this addition to our integrated user experience and look forward to growing our partnership with Rolling Solutions.”

“Integrating with iPipeline’s term quote engine puts XRAE at the fingertips of 1,200 distributors and provides incredible efficiencies to their agents and XRAE’s partner carriers. We are talking about eliminating tens of thousands of applications from being sent to the wrong carriers with the wrong health classes and rates,” said Tom Bellig, CEO, Rolling Solutions. “This integration enhances the agent sales process, provides increased speed-to-market advantages, and delivers an uptick in placement ratio. We look forward to a successful partnership.”

XRAE automates the underwriting process by perfectly evaluating over 100,000 specific underwriting rules based on over 600 potential questions in less than a second to determine the “best case” underwriting classification at each XRAE Partner Carrier. To learn more about XRAE solutions, visit www.xrae.com.

About iPipeline

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, and producers automate activities for CRM, forms distribution and processing, quotes and illustrations, in Good Order e-Applications, agency management, and policy delivery and related services, 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 approximately 120 carriers, 1,200 distributors, and 400,000 financial professionals and advisors in a single, Web-based environment -- the iPipeline Customer Network. With headquarters in Exton, Pennsylvania, iPipeline has offices in Atlanta, Charlotte, Milwaukee, Salt Lake City, and Vancouver. Visit us at www.ipipeline.com and read our CEO Blog.

About Rolling Solutions

XRAE was developed by Rolling Solutions to address the time and frustration associated with the first step of the life insurance sales process. Before a price can be quoted or an application selected, the correct underwriting class must be determined. XRAE’s underwriting Web service enables distributors of life insurance to quickly and easily have a potential insured’s initial underwriting information evaluated against the underwriting rules of multiple insurance carriers. For more information, visit www.xrae.com.

iPipelineLisa Bollinger, Marketing
484-870-6234
[email protected]
or
Rolling SolutionsAndre Cabrita, Marketing
925-648-5219
[email protected]

Source: iPipeline

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