InsurTech Express is the principal resource that brings the Life Insurance and Annuity community together in one easy-to-access, secure online location for information on Insurance Technology. It is a network with active participation in industry associations like ACORD, LBTC, LIDMA & NAIFA; and conferences like InsureTech Connect, Reuters Events Insurance, and NAILBA. The network includes Carriers, Distributors, Advisors, and Solution Providers. InsurTech Express is designed to connect the Life Insurance industry with access to InsurTech white papers, industry trends, media, education, solution platforms, carrier portals, career opportunities, strategic consulting, project resources, software development and innovation.
What is Insurtech?
Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of words “insurance” and “technology,” inspired by the term fintech.
Source is Investopedia.com.
InsurTech Express focuses on insurance technology for Life Insurance, Annuities, and related lines of business such as Long Term Care Insurance. The objective is to be a technology and process improvement resource for the industry to benefit carriers, distributors, and solution providers.
ACORD Celebrates 50th Anniversary
ACORD Celebrated their 50th Anniversary at ACORD Connect on October 29th. ACORD is a global standards-setting body for the insurance industry. ACORD Connect was hosted with long-time ACORD member Swiss Re, the event was held virtually and included live and on-demand panel discussions and training sessions, concluding with the presentation of the 2020 ACORD Awards. Ken Leibow, CEO of InsurTech Express was recognized with the “ACORD Community 50th Anniversary Award”, and InsurTech Express won the ACORD Leadership Award for the 2nd straight year.
See list: 2020 Acord Award Winners
Read more at: ACORD NEWS
Mounting Scrutiny on Indexed Life Shines Light on Tools to Check Illustrations
San Diego-based Ensight develops cloud-based software that can compare the performance of permanent and term life insurance under different market scenarios. The insurtech, which counts more than 500 companies as clients, including carriers and distributors, is hoping an impartial analysis of life insurance policies will be appealing. Indexed universal life products, a fast-growing category with sales that grew 14% last year, have been criticized for the complexity of their payouts.
Read Article at: Ensight In The News
ApplicInt’s End-to-End Digital Solution Accelerates the Drop Ticket Process
ApplicInt is an innovative technology leader with the only end-to-end digital solution that includes multi-carrier quoting, eApp, integrated call center platform and digital paramed.
The CallComplete solution snaps easily into any carrier’s call center. It has scripted reflexive interview questions for Part A and Part B. Also, CallComplete can be used remotely as a fulfillment process for ExpressComplete term ticket or any third party ticket platform.
Read Blog Post: ApplicInt’s End-to-End Digital Solution