Wednesday, 20 March 2019
BREAKING NEWS

ELCO Mutual Selects iPipeline Illustrations for Business Modernization

EXTON, Pa.–(BUSINESS WIRE)–Oct 23, 2018–iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today reported ELCO Mutual Life and Annuity has selected iPipeline Illustrations for business modernization as a core component in a comprehensive end-to-end digital strategy. iPipeline Illustrations is the most widely used, customer-proven illustrations solution available to carriers in the US insurance industry.

“The benefits derived from a modern illustrations platform include increased speed to market, flexibility, improved agent productivity, and higher customer satisfaction to advance sales. We have repeatedly demonstrated our value over competitor and home-grown solutions, and this has earned us high marks as a trusted partner with our customers,” said Tim Wallace, CEO, iPipeline. “We provide the core functionality and scalability needed to meet the demands of carriers and their agents and to ultimately help them sell more. The ELCO Illustrations project is a top-priority implementation for iPipeline.”

“Our decision to purchase iPipeline Illustrations was reached after evaluating the dominant offerings in the marketplace today. SaaS-based software, modern functionality, speed, scalability, and the option to integrate Needs Analysis and Advanced Sales in the future were on the top of our list,” said Richard Leach, Senior Vice President, ELCO Mutual. “iPipeline’s track record, guidance throughout the evaluation process, and our access to their network of 1,300 distributors for product sales convinced us to bring in their proven technology.”

iPipeline Illustrations enables some of the nation’s most successful carriers to achieve new efficiencies and sell more by improving the agent and customer experience. To reimagine how you do business and learn more about our industry-leading solutions, contact [email protected] today.

About ELCO Mutual Life and Annuity

For 70 years ELCO Mutual Life and Annuity has helped individual customers grow and protect their investments. Today, ELCO is known for its outstanding customer service and for providing seniors with specialized products. ELCO defines itself as “service, stability, protection since 1946.” For more than thirty years ELCO has concentrated on developing plans to provide seniors with financial solutions to estate and survival problems. In years past ELCO pioneered products such as polio and cancer indemnification plans as well as various specialized life programs. For more information, please visit  www.elcomutual.com.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181023005028/en/

CONTACT: For iPipeline:

Christin Meikle

Marketing

484 870 6232

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE SECURITY PROFESSIONAL SERVICES BANKING FINANCE INSURANCE

SOURCE: iPipeline

Copyright Business Wire 2018.

PUB: 10/23/2018 09:00 AM/DISC: 10/23/2018 09:01 AM

http://www.businesswire.com/news/home/20181023005028/en

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Source: https://www.oaoa.com/news/business/article_43cac346-61e0-55f0-8118-a9a65b907acc.html

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