Australia and New Zealand
AIA NZ launches new online adviser onboarding application. Press release, September 19, 2023.
Digital agency AIA NZ will allow advisers to apply online to distribute AIA products. The key features include simplified application, automated workflow, and identity and due diligence checks.
Singapore
Regional Insurtech Igloo Unveils New Ignite Branding and Product Features for Agents to Thrive in Evolving Insurance Landscape. Press release, July 26, 2023.
Sales intermediaries in Vietnam and Indonesia now can offer more than 30 plans across seven product categories within the platform, including Motor Vehicle Insurance, Travel Insurance, Personal Accident Insurance, and Property Insurance. The new features include a brand-new user interface, faster quote, secure payment processing, and team and sales data management tools.
United Kingdom
BIBA launches new member ‘SmartBroker’ facility with FullCircle. ENP Newswire, August 17, 2023.
FullCircle SmartBroker is available to BIBA members at a special discounted rate. It is designed to help brokers prospect with precision. It provides information on UK companies and is delivered through a simple web application, creating a powerful tool for brokers to have at their disposal.
United States
Transamerica developing digital platform for life insurance products. Daily Record, September 19, 2023.
Transamerica announced a partnership with technology company Bestow to develop a digital platform with enhanced self-service options for its life insurance products. The platform simplifies the insurance application process for customers and agents and, in most cases, speeds up the process from application to decision to occur in less than 10 minutes.
United States
AgencyBloc Launches Quote+, an AgencyBloc Solution. Press release, September 5, 2023.
Quote+ gives brokers one central place to compare all types of health insurance offerings. The debut of this new quote-to-close solution follows AgencyBloc’s recent acquisition of FormFire.
United States
Modern Life Introduces Generative AI to Life Insurance. Press release, August 1, 2023.
Modern Life today unveils its generative AI product, custom-engineered to cater to the specific needs of life insurance advisers. Modern Life's chat-based product has passed the life insurance licensing exam. Advisers can use this product to research and synthesize complex topics, conduct field underwriting, and generate marketing materials.
United States
Quility Eliminates the Friction of Buying and Selling Life Insurance with Launch of Navigator. PR Newswire, July 5, 2023.
Quility Navigator is a free, user-friendly platform built by industry experts to provide a one-stop shop for agents to quote and sell insurance. Navigator's product selector and quoter tools feature pre-underwriting systems to confidently select the right insurance solution personalized to each client.