Protective Joins with iPipeline to Digitally Transform the Order Entry Process and Help Advisors Drive Efficiency
Protective Life has partnered with iPipeline to digitalize and streamline its order entry process for financial professionals using iPipeline's Laser App technology. The integration provides access to over 33,000 intelligent forms that can be pre-filled using CRM data, reducing data entry time by 80%.
The collaboration enables iPipeline's network of 100,000+ financial professionals to access Protective's products, starting with the Protective® Aspirations variable annuity. The integration supports e-signatures and aims to enhance automation and customer experience in retirement planning. The Laser App solution, known for its 95% repeat business rate, was chosen for its technical capabilities and market reputation.
Protective Life ha collaborato con iPipeline per digitalizzare e semplificare il processo di inserimento ordini per i professionisti finanziari, utilizzando la tecnologia Laser App di iPipeline. L'integrazione offre accesso a oltre 33.000 moduli intelligenti che possono essere precompilati utilizzando i dati CRM, riducendo il tempo di inserimento dei dati del 80%.
Questa collaborazione consente alla rete di oltre 100.000 professionisti finanziari di accedere ai prodotti di Protective, iniziando con l'annuità variabile Protective® Aspirations. L'integrazione supporta le firme elettroniche e mira a migliorare l'automazione e l'esperienza del cliente nella pianificazione della pensione. La soluzione Laser App, nota per il suo 95% di tasso di affari ripetuti, è stata scelta per le sue capacità tecniche e la reputazione di mercato.
Protective Life se ha asociado con iPipeline para digitalizar y optimizar su proceso de entrada de pedidos para profesionales financieros utilizando la tecnología Laser App de iPipeline. La integración proporciona acceso a más de 33,000 formularios inteligentes que pueden ser prellenados utilizando datos de CRM, reduciendo el tiempo de entrada de datos en un 80%.
La colaboración permite a la red de más de 100,000 profesionales financieros acceder a los productos de Protective, comenzando con la anualidad variable Protective® Aspirations. La integración admite firmas electrónicas y tiene como objetivo mejorar la automatización y la experiencia del cliente en la planificación de la jubilación. La solución Laser App, reconocida por su 95% de tasa de negocio repetido, fue elegida por sus capacidades técnicas y su reputación en el mercado.
Protective Life는 iPipeline와 협력하여 iPipeline의 Laser App 기술을 사용하는 금융 전문가를 위한 주문 입력 프로세스를 디지털화하고 간소화했습니다. 통합은 CRM 데이터를 사용하여 미리 채워질 수 있는 33,000개 이상의 지능형 양식에 대한 접근을 제공하며, 데이터 입력 시간을 80% 줄입니다.
이 협력을 통해 10만 명 이상의 금융 전문가가 Protective의 제품에 접근할 수 있으며, Protective® Aspirations 변액 연금이 첫 번째 제품입니다. 이 통합은 전자 서명을 지원하며 은퇴 계획에서 자동화 및 고객 경험을 향상시키는 것을 목표로 하고 있습니다. 95%의 반복 비즈니스 비율로 알려진 Laser App 솔루션은 기술적 능력과 시장의 명성을 이유로 선택되었습니다.
Protective Life s'est associé à iPipeline pour digitaliser et optimiser son processus de saisie de commandes pour les professionnels de la finance en utilisant la technologie Laser App d'iPipeline. L'intégration permet l'accès à plus de 33.000 formulaires intelligents qui peuvent être pré-remplis à l'aide de données CRM, réduisant le temps de saisie des données de 80%.
Cette collaboration permet au réseau de plus de 100.000 professionnels de la finance d'accéder aux produits de Protective, en commençant par la rente variable Protective® Aspirations. L'intégration prend en charge les signatures électroniques et vise à améliorer l'automatisation et l'expérience client dans la planification de la retraite. La solution Laser App, connue pour son 95% de taux de réitération des affaires, a été choisie pour ses capacités techniques et sa réputation sur le marché.
Protective Life hat sich mit iPipeline zusammengeschlossen, um den Bestellprozess für Finanzprofis mithilfe der Laser App-Technologie von iPipeline zu digitalisieren und zu optimieren. Die Integration ermöglicht den Zugriff auf über 33.000 intelligente Formulare, die mit CRM-Daten vorbefüllt werden können, wodurch die Eingabezeit um 80% reduziert wird.
Die Zusammenarbeit ermöglicht es dem Netzwerk von über 100.000 Finanzprofis, auf die Produkte von Protective zuzugreifen, beginnend mit der variablen Anleihe Protective® Aspirations. Die Integration unterstützt elektronische Unterschriften und zielt darauf ab, die Automatisierung und das Kundenerlebnis in der Altersvorsorge zu verbessern. Die Laser App-Lösung, bekannt für ihre 95% Wiederbeauftragungsrate, wurde aufgrund ihrer technischen Fähigkeiten und ihrer Marktstellung ausgewählt.
- Integration reduces data entry time by 80%, improving operational efficiency
- Expands product access to over 100,000 financial professionals through iPipeline's network
- Implements e-signature capability for faster document processing
- Access to 33,000+ pre-fillable forms integrated with CRM systems
- None.
Insights
The partnership between Protective Life and iPipeline represents a significant technological advancement in the insurance and annuities sector. The implementation of Laser App technology brings 80% reduction in data entry time and access to over 33,000 automated forms, marking a substantial operational efficiency gain. This digital transformation addresses key pain points in the financial services industry - manual paperwork and slow processing times.
The integration provides immediate access to Protective's products for over 100,000 financial professionals through iPipeline's network, potentially expanding Protective's market reach significantly. The addition of e-signature capabilities and CRM system integration creates a comprehensive digital ecosystem that could drive higher transaction volumes and improved customer satisfaction.
While this partnership doesn't directly impact Roper Technologies (ROP), which owns iPipeline, it demonstrates iPipeline's continued market leadership and ability to secure major enterprise clients, supporting ROP's recurring revenue streams in its Application Software segment.
This collaboration signals a strategic move in the competitive insurance technology landscape. The 95% client retention rate for iPipeline's Laser App solution indicates strong product-market fit and sustainable recurring revenue. The integration with Protective Life, a subsidiary of Dai-ichi Life Holdings, provides access to a significant distribution network and validates iPipeline's market position.
The timing is particularly relevant as the annuities and life insurance markets experience increased demand. By streamlining operations and reducing administrative overhead, this partnership positions both companies to capitalize on market growth opportunities. The focus on digital transformation aligns with broader industry trends toward automation and improved customer experience, suggesting potential for sustained business growth and market share expansion.
iPipeline’s Laser App technology to help Protective simplify the life insurance and annuities order submission process for its network of financial professionals
With iPipeline’s Laser App -- an industry-leading financial forms automation solution -- Protective will be able to offer its financial professionals a central platform featuring the industry’s largest library of more than 33,000 up-to-date and intelligent forms, which can be pre-filled using data from various CRM systems. For Protective’s financial professional network, this integration will now eliminate manual workloads and reduce data entry time by
This partnership also enables iPipeline’s expanded network of more than 100,000 financial professionals to now immediately access Protective’s financial products – beginning with its recently enhanced flagship product, Protective® Aspirations variable annuity – for a quick and seamless process for completing digital forms that makes doing business with Protective easier than ever.
In addition, this integration will support the immediate use of e-signatures for a streamlined legal documentation process, helping financial professionals to better meet their clients’ retirement planning needs by enhancing automation and elevating the customer experience.
Expanding on their longstanding relationship, Protective selected iPipeline’s Laser App solution, which has a
James Wagner, Senior Vice President, Chief Distribution Officer at Protective, commented: “We are proud to transform our manual workflows into streamlined, efficient processes that will provide advisors with seamless business interactions. Integrating iPipeline’s technology into our platform was a natural progression for us, as many financial professionals are already familiar with -- and trust -- Laser App. Our financial professionals asked for an easier, faster, unified, and digital experience for life insurance and annuity order processing, and by joining forces with iPipeline, we can offer them the level of productivity and simplicity they asked for.”
Pat O’Donnell, Chief Executive Officer at iPipeline, added: "We are excited to expand our relationship with Protective. We both share a mutual commitment, which is to help the life and annuities industry tap into the full potential of digital transformation. Today, the ability to provide a streamlined, digital user experience is no longer optional, but rather it is a critical component that is a necessity for success. Laser App is one of the leading digital automation tools in the industry, offering advisors the ability to pre-fill forms. By doing so, advisors can spend time focusing more on serving clients -- and much less on manual paperwork. As annuities and life insurance continue to be in demand, this kind of operational efficiency is more crucial than ever. Digital automation now provides a competitive edge, and the financial professionals who can streamline operations to offer their clients an elite customer experience will be the ones best positioned to capitalize on market opportunity and drive growth.”
About iPipeline
iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in
Since its establishment in 1995, iPipeline has helped protect more than 51 million people, and today is trusted around the world by more than 100 insurance carriers, and providers, and more than 2,500 broker-dealers, financial institutions, Brokerage General Agencies (BGAs), Independent Marketing Organizations (IMOs), and Managing General Agents (MGAs). Connected to more than 500,000 agents and advisers/advisors, the company collected nearly
For more information, please visit https://ipipeline.com/.
About Protective
Protective has helped people achieve protection and security in their lives for 117 years. Through its subsidiaries, Protective offers life insurance, annuity, asset protection solutions and employee benefits and is helping more than 16.4 million people protect what matters most.
Protective’s approximately 3,800 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities - because we’re all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc., had
For more information about Protective, visit www.protective.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241204156823/en/
iPipeline
Ivy.gitarts@aspectusgroup.com
347-279-0987
Protective:
media@protective.com
205-268-7879
Source: iPipeline
FAQ
What benefits does iPipeline's Laser App bring to Protective Life's order entry process?
How many financial professionals can now access Protective's products through the iPipeline integration?
What is the repeat business rate for iPipeline's Laser App solution?
