Product Trends

STREAMLINING PROCESS

Generali Greece accelerates life insurance signing process with OneSpan Sign – Press release, May 11, 2021.

Generali Hellas has implemented OneSpan Sign electronic signatures to help speed up its end-to-end signing process for life insurance policies. Generali offers a complete digital opening process for its customers.

AIA Philam Life partners with Lemnisk's Customer Data Platform to ramp up digital transformation – Press release, May 4, 2021.

AIA Philam Life has partnered with Lemnisk to implement a Customer Data Platform (CDP) for delivering an intelligently orchestrated and personalized customer experience to its customers.

Switzerland’s largest insurer AXA starts accepting Bitcoin as payment – BitCoin Insider, April 15, 2021.

AXA says it is accepting Bitcoin as payment in response to customer demand. Customers now have the option to pay their bills with Bitcoin. Bitcoin payments will be accepted for nearly all AXA products, except for life insurance due to regulatory barriers to the latter.

Halo Investing launches Annuities platform, helping Advisors generate reliable Retirement Income for Individual Investors – Magazine Advisor, April 27, 2021.

The new centralized marketplace enables financial advisors to explore, transact, and manage annuities in a simplified way. The fully digitized annuities platform streamlines execution and management across the annuity lifecycle.

eBaoTech Corporation; YF Life accelerates its Digitalization with official launch of eBaoTech Core System Platform – Press release, April 26, 2021.

The new core system, eBaoTech LifeSystem Suite, is now used to support all YF Life Hong Kong- and Macau-based business lines.

Simplicity Group and F&G Life launch "ExecuDex", Bringing InstApproval and funding bonus to consumers – PR Newswire, April 22, 2021.

ExecuDex features real-time underwriting, which allows consumers to provide their families with instant peace of mind. F&G's newly launched InstApprovalSM can provide qualified applicants with an instantaneous coverage decision with no additional underwriting required.

Noyo expands its powerful API Solutions with launch of Noyo 360 – Business Wire, April 21, 2021.

Noyo 360 is the industry’s first solution designed to automate and streamline the entire process of health insurance policy administration. Benefits software platforms using Noyo 360 will be able to replace complicated group installation and confusing open enrollment requirements with simple, streamlined benefits administration experiences.

Sapiens partners with Atidot to offer AI-based Predictive Insights and Personalization to Life Insurance Providers – PR Newswire, April 21, 2021.

Sapiens announced an agreement with Atidot. The solution produces actionable insights which will lead to better service for policyholders and new revenue as it integrated with integrated with Sapiens CoreSuite for Life Insurance, Sapiens IllustrationPro, as well as Sapiens' analytics and digital offering.

Zensar, Claimatic partner to offer digital solutions to insurers – Life Insurance International, April 9, 2021.

Zensar has inked a strategic partnership with US-based insurance SaaS service provider Claimatic to enable insurers to automate their claims process.

National Western Life Insurance Company (NWL(R)) launches Equisoft/manage, a flexible cloud-based policy administration system – PR Newswire, April 6, 2021.

Equisoft announces the successful implementation of phase one of its cloud-based policy administration platform. It will support NWL's Life and Annuity operations across the full policy lifecycle. The platform will enable them to quickly implement new products and efficiently service their agents and policyholders.