Product Trends

AGENTS & BROKERS

Empire Life Launches In-house Developed Life and Health Insurance Illustrator: eVision Gives Advisors a Better Way to Run Illustrations with No Downloads Required. Press release, June 22, 2022.

The new eVision Illustrator enhancements include the automatically launching two input screens for joint or multi-life policies on the same tab. They have also a redesigned user interface and summary pane and modern, easy-to-read client reports.

InLife Launches New Model to Improve its Products’ Personalization. Business World, June 17, 2022.

The new insurance model, the InLife Agency Model (I AM), features Wealth Assure Plus, a customizable life insurance product.This product may be customized based on the customer’s needs, such as attachment of other benefits, the preferred mode of payment, payout options, and access to fund selections.

Aegon UK Launches New Online Protection Dashboard for Advisers. IFA, May 18, 2022.

Aegon UK has launched a dashboard in a bid to bring all an adviser’s protection applications under one roof. The new dashboard will enable advisers to complete and submit applications online, track these in real-time, and provide a policy start date, all from the one dashboard.

New Broker Technology Platform Launches for IPMI. ITIJ, April 28, 2022.

The digital health platform caters for brokers with individual clients requiring IPMI cover. The unique benefit scoring feature allows a broker to immediately compare different products and their benefits when making client recommendations.

Reassured Launches Digital Buy Online Platform. Press release, April 28, 2022.

The platform offers customers the opportunity to directly purchase life insurance online, providing quick and easy access to financial protection. The platform offers a simpler "buy now" process, which is based on a single underwriting question. Customers have the option to buy online or speak to an agent.

Sproutt Launches SmartLife for Agents to Empower Agents with Predictive Life Insurance Sales Capabilities. PR Newswire, June 21, 2022.

The launch of Sproutt SmartLife for Agents, enabling insurance producers in the U.S. to offer life insurance products in the fastest and most convenient way. The new platform employs Sproutt's proprietary predictive Smart Routing technology.

Great American Partners with Trusted Choice. Coverager, June 6, 2022.

Great American Insurance Group’s Accident & Health Division, known as pomi, has become the exclusive accident and health carrier for TrustedChoice.com. pomi offers a digital platform for brokers and agents to quote and bind many of their A&H policies in under two minutes. Agents can search for group accident insurance on pomi.

Traffk Brings Hero Life Insurance Platform to Market. Coverager, May 19, 2022.

Insurtech startup Traffk has launched Hero Life Insurance, an innovative insurance solution empowering brokers and agents to compete in the digital insurance marketplace. Hero Life is unique with its approach to online life insurance, designed exclusively for brokers and distributors requiring no medical exam for those applicants who qualify and offering up to $2 million in term life coverage in under 20 minutes.

Guardian Group Selects Sapiens to Revolutionize Customer Acquisition Solution and Improve Agents' Experience . PR Newswire Europe, April 11, 2022.

Sapiens IllustrationPro and Sapiens ApplicationPro will be deployed in Guardian's Share Services organization, providing a cohesive user experience across Guardian's three carriers. The integration to Guardian's UnderwritingPro will provide a straight-through processing and auto decision environment to decrease time to issue.

Layr Raises $10M to Democratize Digital Experiences for Brokers and Agents. IIR, April 5, 2022.

Layr offers a comprehensive solution that allows insurance brokers and agents to serve more clients while increasing the quality of their service. Layr currently supports property/casualty insurance agencies and brokerages across all 50 states.