| [November 08, 2011] |
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National Western Life Adds New iPipeline Solutions to Increase Domestic Sales
EXTON, Pa. --(Business Wire)--
iPipeline®, the leader in on-demand software that supports marketing,
selling, and processing solutions for the nation's top insurance
carriers, distributors and producers, today announced National Western
Life has deployed its new Illustration Integrator™ and Disconnected iGO
e-App® solutions to speed the sale of its life and annuity products in
the US. National Western Life uses iPipeline solutions to conduct
business in the US and for applications received from Central and South
America, the Caribbean, Eastern Europe, Asia and the Pacific Rim.
"National Western Life (NWL) requested an e-Application for use
anywhere, anytime. Disconnected iGO e-App provides producers with the
ability to execute sales in remote territories and the option to connect
to the cloud upon returning to the office. It offers all of the
functionality of our on-demand solution to simplify and accelerate
marketing, selling, and processing activities for National Western's
producers and their consumers," said Tim Wallace, CEO, iPipeline.
"NWL also asked us to provide their producers with access to their
existing illustration engine via the same interface used to access iGO
e-App. Illustration Integrator 'wraps' National Western's calculations
and their output presentations within our user interface, allowing
producers to print documents or attach them to the e-Application," added
Wallace. "Essential information within the completed Illustration maps
to fields in the iGO e-App, and their producers leverage our 'integrated
agent experience' for the domestic selling of new life and annuity
products. We are pleased National Western Life is extending the
application of our straigt-through processing strategy to both domestic
and international sales."
"National Western life is constantly exploring new ways to improve how
producers sell our products and the consumer buying experience. The
Impact 7&10 products, our newest annuity products, and the LTR Select
and Solutions, our Indexed Universal Life (IUL) product suite, are now
live with iGO e-App. We're excited about their availability for
distribution," said Chris Johnson, SVP & CMO, National Western Life.
"With the added ability to run illustrations and immediately complete
the applications, our producers and their clients are using one of the
most streamlined methods for selling and buying insurance available in
the industry today. To extend the value of our producer toolbox
containing Quotes, Illustrations, and iGO e-App, we are evaluating the
addition of e-Policy delivery."
About National Western Life
Founded in 1956, National Western Life is a stock life insurance company
offering a broad portfolio of individual universal life, whole life and
term insurance plans, and annuity products meeting the financial needs
of its customers in 49 states as well as residents of various countries
in Central and South America, the Caribbean, Eastern Europe, Asia, and
the Pacific Rim. The Company has approximately 290 employees and 14,300
contracted independent agents, brokers, and consultants, and at December
31, 2010, maintained total assets of $8.8 billion, stockholders' equity
of $1.2 billion, and life insurance in force of $19.6 billion. Visit us
at www.nationalwesternlife.com.
About iPipeline
iPipeline leads its industry in providing the next-generation suite of
sales distribution software to the insurance and financial services
markets through its on-demand service. iPipeline's channel solutions for
carriers, distributors, and producers automate activities for CRM, forms
distribution and processing, quotes and illustrations, in Good Order
e-Applications, data delivery, agency management, policy delivery and
related services, enabling the insurance industry to market, sell, and
process faster. iPipeline provides the process automation and
seamless integration needed to make a sale by aggregating approximately
120 carriers, 1,200 distributors, and 400,000 financial professionals
and advisors in a single, Web-based environment -- the iPipeline
Customer Network. With headquarters in Exton, Pennsylvania, iPipeline
has offices in Atlanta, Charlotte, Milwaukee, Salt Lake City, and
Vancouver. Visit us at www.ipipeline.com
and read our CEO
Blog.

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