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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, lead generation service, carrier portals, career opportunities, training, strategic consulting, project resources, software development and innovation.

 

   What is Insurtech?

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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.

Posted by Ken Leibow

National Western Life Insurance Company (NWL®) launches Equisoft/manage, a flexible cloud-based policy administration system

Designed for quick and easy transformations, Equisoft/manage is a turnkey cloud-hosted (SaaS) solution using well-established, production-ready digital business processes to enable quick and easy transformations. (CNW Group/Equisoft)

Equisoft announced the successful implementation of phase one of its cloud-based policy administration platform that will support NWL’s Life and Annuity operations across the full policy lifecycle. The new platform, along with the new NWL® ChoiceOptimizer Fixed Indexed Annuity product, went live in February.

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Subsequent phases of this large modernization initiative will further support NWL’s objective to design, refine and enhance product and policy services in a nimble, costeffective implementation environment developed to meet the diverse, changing needs of our distribution force and policyholders.

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READ MORE: InsurTech Express blog post

Posted by Gina Blanco April 6, 2021

Forester Financial and illustrate inc Launch Foresters Mobile Quote

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“Foresters continues to deliver turnkey-decisioned product offerings supported by state-of-the-art mobile tools”

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Toronto, ON, March 17, 2021 –
 Foresters Financial™, the fraternal life insurer quietly disrupting financial services, today announced it has worked with illustrate inc, to launch Foresters Mobile Quote, a secure life insurance quoting app. It is available to Foresters over 75,000 producers across the U.S. through the Apple App Store® and the Google Play Store.

 

READ MORE: InsurTech Express blog post

Posted by Ken Leibow April 3, 2021

ApplicInt Partners with SBLI to Simplify the Life Insurance Application Process Using U*Complete

ApplicInt and SBLI

ApplicInt, an industry leader with their suite of insurance application fulfillment solutions, recently led efforts to digitize the Life Insurance application process for Savings Bank Life Insurance Company (SBLI), based in Woburn, Massachusetts. In a Pilot, SBLI successfully implemented ApplicInt’s U*Complete platform for clients to self-complete Life Insurance applications, which is seamlessly integrated into SBLI’s fulfillment process. SBLI is planning for a full production rollout of U*Complete in the second quarter of this year (2021).

READ MORE: InsurTech Express blog post

 

Original PR Newswire Release

Posted by Gina Blanco  April 2, 2021

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Broker World is the only national insurance magazine founded, focused and edited to specifically address the brokerage marketplace and the unique informational needs of independent life and health producers who select the products best suited to their clients’ needs from a variety of companies and marketers. The primary service is to provide a channel of communication between life and health companies and marketers and the 30,000+ proven producers of substantial amounts of brokerage business that constitute Broker World’s readership.  SUBSCRIBE