RENO, Nev., January 13, 2021 / PRNewswire / – ApplicInt, an industry leader with its suite of insurance application filing 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 has successfully implemented ApplicInt’s U * Complete platform so that customers automatically complete life insurance applications, which is seamlessly integrated into the SBLI completion process. SBLI is planning a full implementation of U * Complete production in the second quarter of this year (2021).
“We are very excited about our partnership with ApplicInt and the opportunity to use UComplete in innovative ways to help our customers,” said Rose Conneely, COO, SBLI. “Our focus is to simplify the application process for agents and their customers, and our 100% digital self-complete application process pilot has shown very positive results. We are looking forward to launching it on the market.”
“Our goal is to make the application process as simple and convenient as possible, and through our partnership with ApplicInt, we have tested an easy-to-use, 100% digital process for customers to complete their application automatically, providing agents and status alerts of your customers “, said Rose Conneely, COO, SBLI. “We are planning to launch this new option in mid-2021. “
ApplicInt’s U * Complete has two self-service workflow models: “Direct customer service” and “Direct customer service”. In the Carrier Direct to Consumer process, the consumer has a secure login on the Carrier website. The consumer chooses a nominal value / term product and makes a quote. They then complete a Part A Life Insurance Claim, with Part B medical issues being optional, depending on the carrier’s filing process. The consumer then eSigns Forms. Real-time chat is available when needed or a warm transfer to a call center to schedule an exam if needed. Forms and data are sent to the carrier in good condition. The Agent Direct to Consumer model is essentially identical, except that the Agent initiates the service process and the consumer can review quotes from various operators.
Mike Feroah Sr., Founder and Chief Strategy Officer of ApplicInt stated: “We are very excited about the extension of our technology that allows a common platform to be used by consumers, call centers and examiners to provide information from part A or part B applications to operators. U * Complete can also be integrated with automated subscription platforms for instant deep decision making, and if you have existing ApplicInt software, it can be converted to U * Complete in a matter of weeks. U * Complete provides a better customer experience with huge cost savings and efficiency. “
ApplicInt, a leading information technology company, has developed several innovative and interoperable solutions that can be customized to meet the unique requirements of each customer. ApplicInt was founded in 2003 to provide efficient and economical technology solutions for the collection and distribution of information for life insurance applications. Automating the broker’s world doesn’t just mean digitizing your offices, but more importantly, streamlining and simplifying the insurance process.
ApplicInt USA Inc.
U * Complete
Electronic life insurance application software solution direct to the consumer.
SOURCE ApplicInt USA Inc