Internet
and Web technology has and will profoundly
change the way insurance distribution channels
work in today's environment. While cost containment
has captured the focus of the industry, less
emphasis has been placed on the distribution
system. The current insurance distribution
mechanism, is inefficient and can cause operational
problems like redundant data entry or multiple
data entry points, multiple paper handling
steps by multiple parties, reiterative faxes,
mailings and call backs. The result; inaccurate
case installation, high administrative costs,
lost business, poor customer service to brokers
and ultimately customers.
Professional Access insurance offerings based
on the iAgencyOL/ iPolicyOL product suite
provide seamless integrations with all functional
points ranging from field activities to business
process connectors for back end processing
and help insurance companies and service
providers leverage existing investments in
legacy systems. The services are aimed at
web enabling existing back-end systems and
provide personalized gateways for agents,
brokers and Insurance company personnel.
|