iPipeline and Rolling Solutions to Partner
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| Source: | Proquest LLC |
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iPipeline, a provider of on-demand software that supports marketing, selling, and processing solutions for insurance carriers, distributors and producers, announced that Rolling Solutions' XRAE underwriting engine will be integrated with iPipeline's term quote engine.
In a release, the Company said that its solution is used by 1,200 distributors and their agents for the marketing, selling and processing of insurance in the US and
"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
"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
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.
XRAE was developed by Rolling Solutions to address the time and frustration associated with the first step of the life insurance sales process.
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