Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

EbixExchange Tests Life App System

X
Your article was successfully shared with the contacts you provided.

EbixExchange says a life insurer and a distribution firm have used the firm’s new LifeSpeed platform to process life insurance applications from “end of end.”

The LifeSpeed system is an online exchange system that can connect life insurance producers, broker-dealers and other distributors with carriers’ products, according to EbixExchange, Herndon, Va., a unit of Ebix Inc., Atlanta.

World Financial Group Inc., Duluth, Ga., a financial services marketing company with a network of about 15,000 life agents, is using the system to life sell an indexed universal life insurance policy from Western Reserve Life Assurance Company of Ohio, Columbus, Ohio, EbixExchange says.

The LifeSpeed system can collect data automatically, fill out application forms automatically, deliver an application to the carrier for underwriting, and take in applicant signatures through a biometric signature pad, EbixExchange says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.