iPipeline® announced Premier Brokerage Services, a national insurance brokerage firm, has selected InsureSight® Analytics to evaluate organizational and industry performance.
InsureSight Analytics, developed by iPipeline’s data analytics and data science team, is a pre-packed analytics and benchmarking solution. By evaluating key performance indicators (KPIs) from cycle time to placement ratio, InsureSight Analytics provides distributors with deep insight into business performance to avoid detrimental outcomes and drive revenue growth.
“InsureSight Analytics represents iPipeline’s first-step initiative to deliver cloud-based analytics and benchmarking to distributors within the life insurance industry. Running an efficient operation is no longer enough. Management needs a holistic view of operations and the resulting insights to improve organizational performance and drive desired growth,” said Tim Wallace, CEO, iPipeline. “We are talking about a deep-dive analysis that detects cases with poor cycle time and identifies performers with low placement ratios. It also provides advanced analytics for use in negotiating partner terms, benchmarks your agency’s KPIs against the industry, and does much more. We are excited about bringing this analytical solution to our distributors now and to our carriers and financial institutions soon.”
“Being informed and knowledgeable are two key components of the business paradigm at Premier Brokerage. The only way to ensure growth and organization performance is to get your arms around the data points,” said Steve Katz, CEO, Premier Brokerage. “We have been a user of iPipeline’s iGO® e-App, Agency Integrator® AMS and other distributor solutions for years, but the ability to drill into the day-to-day operational data and then compare our performance to the industry is an enormous value-added capability. Performance accountability for case managers, CRM owners, and agents is critical to the success of any brokerage firm. My team and I look forward to accelerating our growth through the implementation of InsureSight Analytics.”
iPipeline’s solutions are designed to enable the life insurance and financial services industry to automate and simplify all new business, administration, and in force management tasks to achieve desirable business outcomes.
