Reduce the cost of sales by eliminating NIGO submissions, simplifying application processing, reducing cycle times and increasing placement ratios
Summaries can be viewed as a godsend to carriers; however, it's important to understand that using summaries shouldn't equate to a free license to blast inquiries to multiple carriers, as the blasting approach will be detrimental to placement ratios
U-Direct manages the entire application fulfillment and requirements gathering process from start to finish, providing quick and accurate results that significantly increase return rates and placement ratios
Help them improve their placement ratios
, assist their agents with prospecting and show them how to increase efficiency and reduce costs.
Given the growing demand for Preneed and Final Expense products, we evaluated e-App technologies with the potential to improve and accelerate the point-of-sale (POS) experience, reduce costs, and increase placement ratios
An increasing number of carriers with career and/or independent agents are improving their efficiencies and placement ratios
through comprehensive deployment of our cloud-based solutions.
But we need to remember that our sales have not only been flat, but our placement ratios
have been dropping over time.
Learn how to increase placement ratios
and reduce sales cycle with electronic signature technology, and why electronic signatures are becoming indispensable for life and property and casualty (P&C) insurers to support their electronic distribution and service channel strategies.
Hooper Holmes' iParamed e-Exam has been designed to eliminate that risk and increase placement ratios
," said Richard Whitbeck, President of Portamedic, Hooper Holmes' paramedical exam business.
All attending carriers indicated the primary benefits for adopting an interactive e-policy solution are reduced costs and increased placement ratios
When used with e-Signature and e-Submission, the outcome is rapid policy issuance and increased placement ratios
for the carrier, and faster processing and payment for participating BGAs and their agents.
Carriers, distributors and agents are reaping the benefits from increased productivity, faster commission payments and higher placement ratios
, while consumers experience accelerated service delivery.