iPipeline Launches iGO Link for Digitized Paper
iPipeline Innovation Digitizes Life Insurance Applications and Leverages Machine Learning to Produce Perfect Submissions
EXTON, PA (October 9th, 2018) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced the launch of iGO Link. iGO® Link, an iPipeline innovation, is the “missing link” in the life insurance industry’s new business application process. It allows agents to complete a paper application while leveraging all the benefits derived from iGO e-App for straight-through processing speed. iGO e-App® is the most widely used wizard within the North American insurance industry for the processing of digital applications.
“We are extremely pleased to bring this innovation to the life insurance industry. Despite the move toward digitization within the industry, paper applications are still being submitted by agents and processed in abundance. The use of paper adds enormously to processing costs, introduces errors, leads to delays and cycle time, and results all too often in lost business,” said Tim Wallace, CEO, iPipeline. “The good news is iGO Link solves the problem and is already in use with a top 10 U.S. life insurance carrier. iGO e-App customers already have the majority of what they need in place. Future iGO e-App customers can simply add iGO Link as a powerful capability in their end-to-end digital strategy.”
“Agent behavior is very difficult to change. What is unique about iGO Link is its ability to easily digitize, correct and process a paper application to produce an in Good Order application without changing the agent’s preferred submission method. We use machine learning to convert the paper app to XML data, without data entry, and produce an iGO e-App,” said Bill Atlee, Chief Strategy Officer, iPipeline. “Agents can still complete a paper application and then electronically clean and e-Submit it for accelerated, straight-through processing. The gains are enormous. Carriers can also leverage their existing iGO e-App infrastructure to now achieve 100% agent adoption. iGO Link has the potential to deliver a rapid and substantial ROI to insurers using this innovation.”
iPipeline is focused on delivering industry innovations to enable end-to-end digitization for business velocity. To reimagine how you do business and schedule an iGO Link demonstration, contact [email protected] today.
About iPipeline
iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.
iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.
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For iPipeline:
Christin Meikle
Marketing
484 870 6232
