For insurers expanding distribution channels to drive growth, self-service onboarding accelerates speed to market.
'The producer experience is vital for insurers to recruit and retain the best agents and brokers to drive growth,' commented
Distribution management is emerging as a business-critical capability to help insurers navigate compliance requirements with automated license checks and tracking of licensing and appointments including NIPR integration and support the demand for flexible commission and incentive compensation programs that attract and retain the best producers. As independent agencies continue to consolidate, they will look to those insurers who provide flexible, innovative and digitally driven capabilities to help them eliminate arduous manual work, freeing them to focus on sales and growth.
This release continues to highlight
Integration with DTCC's Compensation file to support the life and annuity segment.
New and expanded automated onboarding to take an agent form application to fully on-boarded and ready to sell digitally, including e-signatures to speed the process, reduce complexity and improve efficiencies.
Generate an onboarding PDF application preview and access digitally welcome letters when onboarding.
Enhanced integration with National Insurance Producer Registry (NIPR)
Integration of AssureSign for e-signature capabilities.
Expanded Distribution Management APIs including background checks, active license checks and agent questionnaires.
Full digital and mobile support for onboarding, viewing of commission and payment statements and other self-service needs.
'Distribution Management platform is a critical investment for insurers digital strategies. This solution brings the power of connecting insights, data and workflow of distribution channel and partners to digital strategies and operational plans. Beyond providing digital engagement for distribution channel partners, this solution optimizes distribution operations and brings new data analytics and insights to channels and relationship management in this digital era. It's a must investment, and
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Majesco Contact
Director, Marketing Communications
Phone: +1-201-230-0752
Email: Laura.Tillotson@majesco.com
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