iPipeline Working With Navy Mutual on Underwriting

Some news from the US market;

iPipeline^® announces that Navy Mutual Aid Association, the nation’s oldest federally recognized Veterans Service Organization, recently launched its Resonant^® multi-functional solution for underwriting and new business which will accelerate those processes for the insurer’s life insurance and annuity products. By leveraging this latest technology in workflow automation, Navy Mutual now has the ability to significantly reduce the time to underwrite an application while creating a faster, more efficient, and modernized digital customer experience for servicemembers and their families.

With Resonant’s ability to digitize and seamlessly automate underwriting and case management, its no code, self-service tools optimize workflow automation by easily building workflow routing, rules, and underwriting requirements. This innovative technology combines case management and decision support, access to comprehensive reporting and analytics, and the ability to monitor and provide regulatory compliance control.

“Today’s customers expect a positive and easy buying experience – and purchasing life insurance is no different. To better meet expanding consumer expectations, the life insurance industry is embracing newer, better, and more streamlined technology in order to provide a seamless digital experience for the customer,” said Bill Hunter, Senior Vice President of Sales for iPipeline. “iPipeline continues to build new and innovative solutions that empower life insurance and annuity providers to automate and accelerate their key workflows – from beginning to end – across their businesses. We are excited to help Navy Mutual strengthen their underwriting and new business processes as they continue on their mission to provide military servicemembers and their families the financial protection they need.”

To learn more about iPipeline’s Resonant solution, please visit https://www.ipipeline.com/products/resonant.