iPipeline® – a leading provider of cloud-based software solutions for
the life insurance and financial services industry – today announced
Pekin Life Insurance is innovating with Resonant® for new business and
underwriting and DocFast® for e-Delivery to power its core new business
platform. The platform is used to automate and simplify sales activities
for 1,500 distributors.
SSG Digital™, iPipeline’s end-to-end core platform for the life
insurance and financial services industry, is the most widely used
platform among independent and captive agents and licensed financial
advisors in North America.
“Digital transformation is a key focus for executives in life insurance
and financial services seeking to accelerate the speed of business.
Pekin Life’s decision to implement our new business and underwriting and
e-Delivery solutions is enabling them to deploy a powerful, end-to-end
core platform to optimize sales for their independent agents,” said Tim
Wallace, CEO, iPipeline. “Our SSG Digital platform delivers the most
extensive capabilities offering in North America. Pekin Life’s tightly
integrated quoting, illustrations, and e-app products are now enabling
them to feed critical data into their underwriting and e-delivery
process. This is a game changer, and it demonstrates how one platform
has the ability to power new business functions across the enterprise.”
“As a result of our decision to innovate, information from the e-App
will be directly transferred to our underwriting environment to reduce
processing time. Approved policies will, in the very near future, be
e-delivered to our customers to speed issuance and get them protected
faster. This is an enormous gain for Pekin Life and our customers,” said
Diane Steiner, Vice President, Life Underwriting, Pekin Life Insurance.
“Pekin Life is focused on providing peace of mind and long-term security
for our policyholders, shareholders, agents, and employees. Our digital
transformation initiative with iPipeline supports this focus and allows
us to meet the expectations of our customers by offering them an
innovative, easy and quick buying experience to accomplish their
financial goals.”
iPipeline’s SSG Digital core platform is designed to enable the life
insurance and financial services industry to automate and simplify all
new business, administration, and in force management tasks to achieve
desirable business outcomes. For assistance in reimagining how your
organization does business and achieving a competitive advantage,
contact sales@ipipeline.com or
call 1-800-758-0824, option 2.
About Pekin Life Insurance
Pekin Insurance is a group name adopted to designate the combined
operation of The Farmers Automobile Insurance Association, Pekin
Insurance Company, PAC, Inc., and Pekin Life Insurance Company.
Pekin Insurance has been in business since 1921 and is one of the
leading insurers in the state of Illinois, providing multiple lines of
insurance. Pekin Insurance offers insurance coverage in 21 states
through its growing agency force, which now totals 1,500 independent
agencies and 8,500 insurance producers. The company is headquartered in
Pekin, Illinois, with service offices at Phoenix, Arizona; O’Fallon,
Rockford, and Warrenville, Illinois; Indianapolis, Indiana; Des Moines,
Iowa; Columbus, Ohio; and Appleton, Wisconsin. Visit us at www.pekininsurance.com.
About iPipeline
iPipeline is a leading provider of cloud-based software solutions for
the life insurance and financial services industry. Through our SSG
Digital, end-to-end platform, we accelerate and simplify sales,
compliance, operations and support. We provide process automation and
seamless integration between every participant in our ecosystem
including carriers, agents, general agencies, advisors, broker-dealers,
RIAs, banks, securities/mutual fund firms, and their consumers on a
global basis. Our innovative solutions include pre-sales support, new
business and underwriting, policy administration, point-of-sale
execution of applications, post-sale support, data analysis, reporting,
user-driven configuration, consumer delivery and self-service, and
agency and firm management.
iPipeline’s platform is used by more than 135 carriers, 1,350
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), Burlington
(Canada), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville,
Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.
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