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Broker World is the only national insurance magazine founded, focused and edited to specifically address the brokerage marketplace and the unique informational needs of independent life and health producers who select the products best suited to their clients' needs from a variety of companies and marketers. The primary service is to provide a channel of communication between life and health companies and marketers and the 28,600+ proven producers of substantial amounts of brokerage business that constitute Broker World's readership.

Allianz Life

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Allianz Life

Allianz Life Insurance Company of North America (Allianz Life) announced today that its broker dealer, Allianz Life Financial Services, LLC, has significantly expanded its sales team to support Americans’ increasing interest in products that provide a level of protection.
A dozen new positions were added at the start of 2024. And, since 2020, the number of internal sales reps has grown more than 60 percent, while external representatives have grown 25 percent.

In particular, Allianz Life Financial Services, LLC increased its presence in the southeast, northeast and Great Lakes regions of the U.S. to represent fixed index annuities (FIAs) and registered-index linked annuities (RILAs). Allianz Life has also expanded its number of sales territories from 58 in 2020 to 72 at the beginning of 2024.

“Growing our team will help us increase our support of financial professionals and their clients by bringing Allianz Life products to more Americans as they seek ways to relieve financial stress through retirement,” said Allianz Life Financial Services, LLC President Corey Walther. “Allianz Life is uniquely positioned to help Americans with both fixed index annuities and registered-index linked annuities that are designed to mitigate risk with a level of protection to help clients attain their retirement goals.”

More Americans are interested in adding FIAs and RILAs to their retirement portfolios. For example, two in three Americans (66 percent) said they want to add a financial product to their portfolio that offers protection from market downturns in a study from Allianz Life. The overall annuity market hit a new sales record in 2023 driven by prevailing market dynamics like inflation and market volatility posing significant risks to long-term financial stability.

“We believe that clients will continue to seek a financial strategy that helps them manage risks and volatility,” Walther said. “Products like annuities will continue to play an important role in those strategies to help ease some of the biggest worries about preparing for long-term financial stability.”

Allianz added four new wholesalers
As part of the growth, Allianz Life added four wholesalers to bring the company into new territories at the start of the year. Two of the new wholesalers were promoted within the company. Murray Gengler will represent eastern Tennessee and John Thyberg will cover southern New Jersey and Delaware.

Allianz Life has hired Vinny Minutolo as a regional vice president for broker dealers in the central and northern Florida territory. For the last 13 years, Minutolo was a top performer in the independent channel at Lincoln Financial Distributors. Minutolo was a regional vice president where he supported independent advisors in central and north Florida for Lincoln’s variable annuities.

Christos Bouroutis joined Allianz Life as a regional vice president for broker dealers. Bouroutis will represent the northeast district in central New Jersey and northern Pennsylvania. He previously worked at TruStage Financial Group, MetLife, Inc. and Transamerica Corp.

*Allianz Life conducted an online survey, the 2023 Q4 Quarterly Market Perceptions Study in November 2023 with a nationally representative sample of 1,005 Respondents age 18+.

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.
Products are issued by Allianz Life Insurance Company of North America. Variable products are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427 www.allianzlife.com.
This content does not apply to the state of New York.

Allianz Life Insurance Company of North America, one of the Ethisphere World’s Most Ethical Companies®, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2022, Allianz Life provided additional value to its policyholders via distributions of more than $7.7 billion. As a leading provider of fixed index annuities, registered index-linked annuities, and fixed index universal life insurance, Allianz Life is part of Allianz SE, a global leader in the financial services industry with approximately 150,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.

Hexure

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Hexure

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced that it has been selected as the winner of the “Best Point of Sale Company” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

“Hexure technology amplifies the strengths of any sales team and converts challenges into success with a modern solution that removes bottlenecks and improves client experience. Even today, sales processes, data and experience are often disconnected; many applications are still done on paper; and advisors have to spend valuable time processing when there is a better, faster way,” said Steve Johansson, managing director, FinTech Breakthrough. “Hexure’s platform creates an efficient and modern digital process that ends system fragmentation and streamlines sales, helping to get more products into the hands of the consumers who need them. We are thrilled to recognize Hexure’s breakthrough innovation in our 2024 FinTech Breakthrough Awards program.”

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

“At Hexure, we are committed to ongoing advancement and continually enhancing our solutions to propel our industry forward. By staying at the forefront of innovation and providing robust sales automation solutions, we best support our carrier and distributor clients in achieving their digital experience and sales strategies,” said Laird Rixford, CEO of Hexure. “Our focus has always been to transform the insurance and financial services industry through powerful end-to-end sales solutions. We are honored to receive this FinTech Breakthrough award and be recognized by the industry for our innovation and leadership.”

Carriers and distributors use Hexure’s end-to-end sales automation platform, from pre-sale activities, quoting and illustrations to e-application, e-delivery and post-issue services, to build customer-centric sales experiences, accelerate submissions, eliminate paper processes, meet regulatory requirements, drive sales and operational efficiencies, and improve in-good-order sales. Hexure provides the connectivity rails to link distributors and carriers—connecting data, processes, and experiences across the entire sales lifecycle for various lines of insurance, retirement and wealth management business.

Hexure is the provider of FireLight end-to-end sales platform, ForeSight illustrations, agency life quoter and the Vive term life quote-to-apply solution.

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

Founded in 1995, Hexure provides digital sales solutions to the insurance and financial services industry across various lines of life insurance, annuities, retirement, and wealth management products. Carriers and distributors use its solutions to build customer-centric sales experiences, accelerate submissions, reduce paper processes, meet regulatory requirements, and improve in-good-order sales. For more information visit hexure.com.

Mutual of Omaha

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Mutual of Omaha

Josie Abboud, president and CEO of Omaha’s Methodist Hospital and Methodist Women’s Hospital, has been elected to the Mutual of Omaha Board of Directors, Chairman and CEO James Blackledge announced.

Abboud is a recognized leader in health care management, strategic planning, growth and policy, earning the Senior-Level Healthcare Executive Award from the American College of Health Care Executives and being recognized by Modern Healthcare and Becker’s Hospital Review as a top woman hospital and health system leader to know. She also is a recipient of the American Cancer Society’s National St. George Award.

“Josie Abboud brings a wealth of experience and expertise in health care policy and leadership to the Mutual of Omaha Board of Directors” Blackledge said. “As a leading provider of Medicare Supplement insurance and other supplemental health coverages, we will rely on her perspective, as well as that of our other distinguished directors, as we work to serve our customers and grow our business in an increasingly competitive and highly regulated environment.”

Abboud joined Methodist Hospital in 1996 as a critical care staff nurse, and she’s held a variety of leadership roles including service executive, vice president and executive vice president and chief operating officer. She was named president and CEO in 2018.
Abboud is a Fellow in the American College of Healthcare Executives, a member of the Medical Group Management Association and serves on the Boards of Creighton University and the Nebraska Hospital Association. She earned her bachelor’s degree in nursing at Creighton University and her master’s degree in business administration and healthcare management from Regis University in Denver.

Founded in 1909, Mutual of Omaha is a highly rated, Fortune 400 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.

LIMRA

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LIMRA

LIMRA’s Applied Research Solutions will offer consultative research design and delivery to clients looking for fresh insights and approaches to company- or industry-specific challenges. Leveraging the association’s broader industry benchmarking and topical research program, the Applied Research Solutions team will focus on helping clients develop a deeper understanding of issues impacting their business. Focusing primarily on informing product, marketing, and distribution strategies, the new expanded team will build upon LIMRA’s existing expertise to provide clients with data and insights they can apply to a wider range of business decisions.

“In a market where companies are facing significantly greater regulatory and economic challenges, and profitable growth is increasingly elusive, business decisions are riskier than ever before. LIMRA is uniquely positioned to offer our clients the benefits of an experienced research team and a deep, expert understanding of the industry landscape. This combination enables us to provide superior value to our members over general research suppliers and consultancies,” said Sean O’Donnell, senior vice president, and head of membership. “By expanding our custom research capabilities, we can help our members get more value from the association by applying this expertise to an issue of interest to either a consortium of members or an individual client’s specific situation.”

Along with O’Donnell and the existing custom research team, LIMRA has named two executives to support the Applied Research Solutions business:

  • Lai-Sahn Hackett will lead the Applied Research Solutions research team. In this capacity, she will be responsible for consulting with clients to design creative and valid research approaches that will uncover actionable insights into changing market dynamics and help clients maximize opportunities to meet their business goals. Hackett has more than a decade of experience leading market research, product development, and process improvement engagements for large employers and service providers in the insurance industry.
  • Michelle Lorenz will lead the Applied Research Solutions sales and consulting team. With more than 20 years of experience developing and selling custom research solutions for clients across a variety of industries, Lorenz recently joined LIMRA after being vice president, client solutions at SAGO. She will be responsible for building valued customer solutions and insights, with a focus on the overall client experience, for LIMRA members who engage the Applied Research Solutions team.

The insurance industry is currently experiencing an unparalleled period of transformation. The application of new technologies—along with a shifting distribution landscape and evolving consumer expectations—is impacting the industry in new and significant ways. For more than a century LIMRA has been delivering unique benchmarks and research to help its members navigate industry change. Applied Research Solutions enables the association to take that idea further and provide a more focused, tailored application of research expertise to address these emerging needs.

“As our members have increasingly transitioned to a data-driven approach in their business practices, the demand for credible insights and analysis has never been greater,” said O’Donnell. “We believe that our research expertise and unparalleled knowledge of the industry enables us to provide our members with unique value as they strive to meet new and rapidly changing expectations and needs.”
For more information, visit LIMRA’s Applied Research Solutions at www.limra.com/en/solutions-and-services/applied-research-solutions/.

Serving the industry since 1916, LIMRA offers industry knowledge, insights, connections, and solutions to help more than 700 member organizations navigate change with confidence. Visit LIMRA at www.limra.com.

ICMG

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ICMG

The Inter-Company Marketing Group (ICMG), the non-profit association that fosters business networking among insurance and financial services companies, has named Allen Bress, president of AIM Marketing & Insurance Services, Inc., of Scottsdale, AZ, as the recipient of the 2024 Don Kampe Lifetime Achievement Award.

The Don Kampe Lifetime Achievement Award is the highest honor awarded by the ICMG. This award was established in 2001 to recognize ICMG members who have made significant, ongoing contributions of time and resources for the benefit of the organization. The award was named in honor of Don Kampe, who served on ICMG’s first board of directors, was president for two terms, and continued to be active in board and committee work for 24 years.

Mr. Bress’s entry into the insurance industry in 1968 marked the beginning of an innovative and impactful insurance career. He has founded three reputable companies, showcasing a deep commitment to providing invaluable insurance benefits to the public. Since joining ICMG in 1993, Mr. Bress has been a consistent and enthusiastic advocate for the organization, energetically encouraging others to participate as well.

Beyond ICMG, throughout Mr. Bress’s 50-plus years in the insurance business, he has been active in many other conferences and organizations. He has served on multiple boards, including the Mass Market Insurance Institute, PIMA, Voluntary Benefits Association, and the NAILBA Charitable Foundation. His induction into the Workplace Marketing Association’s Hall of Fame and a founding role in the California Association of Health Underwriters speak to his influential presence and visionary contributions.

This year’s Don Kampe Lifetime Achievement Award was presented by ICMG’s Executive Director, Larry Sigle, who said about Mr. Bress, “It’s evident that his unwavering dedication, visionary leadership, and profound industry impact make him a deserving recipient.”

The ICMG’s 2024 Annual Conference was held February 5 to 7, 2024, in Miami, FL. This was a milestone year for this exceptional conference, as attendees celebrated the 40th anniversary of the event. More information about the organization and its 2024 conference can be found at ICMG’s website, www.icmg.org.

The Inter-Company Marketing Group (www.icmg.org) is the premier non-profit association that fosters strategic alliances among insurance and financial services companies, providing targeted networking opportunities, sharing of knowledge, experience, and resources for successful inter-company alliances. Among ICMG’s members are marketing and business development decision-makers with insurance carriers, reinsurers, distributors, third-party administrators, and other related companies in the insurance business. Find ICMG on LinkedIn or visit www.icmg.org to learn more.

For more information, contact Larry Sigle, executive director, ICMG, 316-252-3368, administration@icmg.org, or Chuck Hirsch, president, Hirsch Communications Consulting, 314-630-1387, charles.k.hirsch@gmail.com.

Finseca

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Finseca

Finseca’s CEO Marc Cadin issued the following statement after California’s Governor Gavin Newsom signed into law SB 263, California’s version of the NAIC Best Interest Standard:

“We’re truly grateful for Senator Dodd, the California Department of Insurance (CDI), and the NAIC for their efforts to bolster consumer protections while maintaining access to holistic financial advice. We are witnessing the impact that a strong coalition fighting for financial security for all can have, and I’d be remiss if I didn’t emphasize the importance of the joint work that we’ve done under the leadership of ACLHIC, specifically with the help of the teams at the ACLI, IRI, NAIFA, NAFA and our own team at Finseca. California lawmakers took a strong stand today with the objective data we’ve seen from Ernst and Young–holistic financial advice provides better outcomes for consumers, and we should be finding ways to continue to expand on this. Our movement is gaining steam, and we won’t rest until we’ve achieved financial security for all.”

The National Association of Insurance Commissioners (NAIC) developed a best interest for annuity standard that served as the baseline that Senator Dodd and CDI expanded upon to create what CA SB 263 is today. The passage of this legislation and its being signed into law demonstrates the strength and importance of the state-based regulation of insurance that has been in place for decades.

UnitedHealthcare

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UnitedHealthcare

UnitedHealthcare is making it easier for people to tap into health and well-being programs while helping reduce costs for employers.

Available now, the UHC Hub offers a curated network of more than 20 health and well-being programs ranging from healthy living to complex health condition management and care resources. With many employers offering health programs beyond traditional medical benefits, the UHC Hub is designed to help streamline the process for employers to identify, evaluate and purchase various vendor programs while simplifying how consumers access and engage with available resources.

The platform builds on existing UnitedHealthcare enhanced advocacy solutions, which are designed to help people make more informed health care decisions such as staying in network, assisting with hospital discharge planning and support, reviewing potential treatment and medication options based on coverage considerations, and more. Many employers are citing advocacy solutions as a top priority when selecting health benefits,1 with the goal of offering personalized support to help improve member health and satisfaction, close gaps in care, and reduce costs.

“UnitedHealthcare is committed to helping people take advantage of health and well-being programs, navigate the healthcare system, and maximize the value of their benefits,” said Dan Kueter, CEO of the UnitedHealthcare commercial business. “By using technology and personalized support, we are focused on enhancing our digital experience and customer care resources to support improved health outcomes and satisfaction among our members, reduce the total cost of care, and deliver greater value for employers.”

For consumers, the UHC Hub provides an integrated, trusted source—accessible via advocates, myuhc.com and the UnitedHealthcare app—to find and enroll in available solutions that are designed to meet specific needs, such as nutrition, financial planning, starting or expanding a family, cancer care, and caregiving resources. For employers, the platform enables UnitedHealthcare to handle (at no additional cost) procurement, vendor management and billing for selected third-party health solutions. The platform helps expand access to health resources through one buying process while complementing clinical programs from UnitedHealthcare and Optum that already offer consumers an integrated experience.

The platform is now available to large employers with self-funded health plans, which may enable organizations to save up to 15 percent compared to the typical cost of these stand-alone solutions.*

In addition, UnitedHealthcare customer care advocacy resources are available to employers that purchase the Core, Elite or Premier product offerings, which collectively support more than 15 million people nationwide. A UnitedHealthcare analysis of large and midsize employers found that the enhanced customer care resources reduced total medical cost of care by up to four percent while increasing enrollment in clinical programs and more effectively closing gaps in care.2

These proactive support interventions resulted in fewer emergency room admissions and a decrease in 30-day and 90-day hospital readmissions, as compared to members without access to this type of support.3 Partly as a result, UnitedHealthcare enhanced advocacy models have achieved overall member satisfaction of 93 percent4 and decreased call transfers by 50 percent.5

More information about UnitedHealthcare advocacy initiatives is available at http://uhc.com/advocacy.

*Savings may vary depending on the program selected, with an average savings of over 15% for the integrated offerings.

UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with more than 1.7 million physicians and care professionals, and 7,000 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow @UHC on LinkedIn.

  1. UnitedHealthcare internal analysis of health benefits requests for proposals from 51 large employers, January to June 2023.
  2. 2019-2020 UnitedHealthcare employer study including 387 clients, 4.8M members and $19.2B in medical spend. Analysis completed on a continuous medical enrollment basis. Medical costs risk adjusted for age and gender. Value impact based on comparing clients by the adoption platform features vs. not (e.g., enhanced vs. Core advocacy). Actual client results may vary based on specific clinical programs the client has or maturity of implementation.
  3. 2023 UnitedHealthcare BCRT value study of product analytics pre/post hospital admission from September 2019 to March 2023.
  4. 2021 UnitedHealthcare Elite and Premier performance reporting for Post-call NPS, UES Overall Satisfaction and Program Acceptance Rate.
  5. 2021 UnitedHealthcare performance reporting comparing enhanced advocacy members (Elite/Premier) to Core members.

ExamOne

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ExamOne

UnderwriteMe, a leading provider of risk automation and marketplace solutions, is pleased to announce a collaboration with ExamOne, a Quest Diagnostics (NYSE: DGX) company, to offer life insurance carriers across the United States a new underwriting assessment engine powered by real-time data insights.

By leveraging both UnderwriteMe’s versatile Underwriting Engine and ExamOne’s leading suite of health data solutions, the companies now jointly offer a strategic solution for carriers and underwriters with a goal of improving straight-through processing rates and empowering underwriters with more efficient tools for confident risk assessment. The consumer-centric experience is available for insurance carriers today.

Real-time and seamless recommendations
“Clients today expect the application process to be seamless and on par with the on-demand experiences they are accustomed to,” said Brett Laker, head of North America, UnderwriteMe. “Together with ExamOne, we can offer carriers real-time access to decision-making, powered by insight from data products combined with comprehensive rules.”

UnderwriteMe’s engine interprets data authorized by life insurance applicants and collected by ExamOne to deliver a risk-based assessment to insurers. By clearly explaining contributing factors defined in the data and applying a debit and credit classification, the joint solution enables insurers to evaluate an individual’s insurance risk based on various data sources.

The powerful combination of ExamOne and UnderwriteMe creates:

  • Unmatched analysis resulting from ExamOne’s comprehensive and unique data sources
  • Customizable and flexible rule sets
  • Explainability of the decision established from contributing factors
  • Robust decision recommendations based on a debit and credit classification
  • Seamless adoption that easily fits into underwriting workflows
  • Streamlined and faster data for a more automated flow

“There is a growing demand for agile and straight-through automated processes in the life insurance industry. This tool analyzes unique data—including LabPiQtureTM (laboratory data and clinical data), ScriptCheck® (prescription data), electronic health records, medical claims, and oral health indicators—and delivers an assessment in a clearly explained format,” said Keith Ward, president and general manager of ExamOne at Quest Diagnostics. “Our team is here to work with you to rapidly amend or create new rules based on the insights you need to make confident decisions.”

The use and disclosure of PHI is in accordance with HIPAA and is compliant with life insurance industry regulatory requirements.

UnderwriteMe, a leading provider of risk automation and marketplace solutions, is focused on accelerating the underwriting journey and improving the life insurance application process. With our award winning solutions, the UnderwriteMe Decision Platform and Protection Platform, they empower partners to transform life markets and close the protection gap. Founded in 2012 in the UK, the company has grown to be a leading insuretech provider with 1,000,000+ policies activated, 1,000+ distribution partners, and 31 global implementations spanning 12 countries. UnderwriteMe is proud to be trusted by insurance industry leaders including eight companies listed in the Fortune 500 or Forbes Global 2000. To learn more visit http://underwriteme.us.

ExamOne, a Quest Diagnostics company, is committed to empowering decisions with health-based insights and providing consumers with innovative solutions that enhance the application process. Through convenient, customizable personal history options, national specimen collection capabilities, as well as instant retrieval of historical health data, they provide quick and reliable insights for life insurers.

OneAmerica

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OneAmerica

OneAmerica®, a national financial services organization, today unveiled a refreshed brand as OneAmerica FinancialSM. This strategic move aims to create greater awareness and distinctiveness for the company while amplifying its differentiators. Its focus on helping people build greater certainty throughout their financial journey can clearly be seen through a wide range of life insurance, retirement, employee benefits and long-term care solutions.

A modernized logo and redesigned website are the first of many new brand components featured as part of the effort. The logo, which underwent its first update in more than 20 years, reflects the OneAmerica Financial commitment to serving all, maintains the organization’s heritage and elevates its name into the financial services category for greater understanding of offerings. OneAmerica.com has also been updated to better serve customers with an improved, more cohesive user experience based on the company’s audience and its needs, goals and motivations.

To learn more about the OneAmerica Financial brand story and view a special video, visit http://oneamerica.com/about-us.

With this rollout, OneAmerica Financial aims to modernize and strengthen its presence in the financial services industry. By adding the term “Financial” to its name, the company aims to enhance its brand recognition and clarify its work to advance financial security.

“The focus of OneAmerica Financial will continue to be on helping people achieve financial security and peace of mind,” said Kelley Gay, senior vice president and chief marketing officer for OneAmerica Financial. “Our refreshed brand emphasizes our people-centered dedication to empowering individuals and businesses to navigate their financial journeys with confidence. With the renewed name and brand identity, OneAmerica Financial is well-positioned to drive innovation and continue our legacy of providing exceptional financial products and services to our clients and do so with the deep care and commitment that has been a hallmark of our 145-year history.”

OneAmerica Financial prides itself on its commitment to providing personalized and tailored financial solutions. The company’s team of financial professionals works closely with clients to understand their unique needs and goals, offering solutions that help individuals and businesses make informed financial decisions. The company offers a diverse range of products and solutions, including life insurance policies that protect loved ones and ensure financial stability, retirement plans that help individuals move toward a secure future, comprehensive employee benefits packages, and long-term care solutions that provide peace of mind during times of need.

For more information about OneAmerica Financial and its comprehensive range of financial solutions, please visit http://oneamerica.com.

OneAmerica FinancialSM is a national financial services organization helping people build greater certainty for better moments, every day. The companies of OneAmerica Financial have been advancing financial security for more than 145 years, supporting millions of customers with solutions across life insurance, retirement, employee benefits and long term care. As a people-first mutual organization, OneAmerica Financial prioritizes customers’ interests and maintains a long-term focus on both value and financial stability.

iPipeline

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iPipeline

iPipeline® announces a partnership which will help AuguStarSM Life to accelerate and strengthen its digital transformation with innovative solutions from iPipeline that are designed to improve the agent experience.

These solutions will automate and simplify the application process while providing agents with instant quotes and illustrations, all to increase speed and efficiency, helping AuguStar Life expand its third-party distribution footprint.

Effective immediately, AuguStar Life’s top-tier product, Virtus IUL II, is now available on the following iPipeline solutions (AuguStar Life’s indexed whole life product will follow shortly):

  • iGO®, one of the industry’s leading intelligent digital e-Application solutions that can be accessed on any device, at any time, and from anywhere, making the application process faster, more efficient, and ensures 100 percent of e-Apps are “in good order.”
  • iSolve®, iPipeline’s one-stop illustration solution that provides access to illustrations across multiple scenarios and provides product comparisons, as well as personalized, customizable, and compliant illustrations.

This partnership supports AuguStar Life’s strategic commitment and recent expansion into the brokerage channel. AuguStar Life is a Constellation Insurance Inc. company.

“Both iPipeline and AuguStar Life have a strong heritage and each is well respected in the industry. We both share the same goal, which is to help financial professionals in their quest to secure a financial future for more people,” said Bill Hunter, senior vice president of Sales for iPipeline. “This opportunity will enable us to expand our portfolio of solutions within the industry. We are thrilled that AuguStar Life chose us as their trusted partner–and we’re looking forward to helping them expand and grow in the brokerage space.”

“As a premier end-to-end solution for our brokerage partners, the iPipeline platform is one we’ve had our sights on since launching into the independent brokerage channels with our top-tier accumulation-based IUL, Virtus IUL II,” added Therese Rothenberger, vice president and co-chief distribution and sales officer, IMO, at AuguStar Life. “We’re excited about this partnership and where it will help to take us. Our enhanced brand is about being more approachable and easier to do business with, and this is a giant step in that direction. Agents will now have the technology and tools they want, connecting them seamlessly to our high-quality life insurance products so that they can quickly and easily connect with their clients—and grow their business.”

To learn more about how iPipeline can simplify business processes and experiences for insurance agents, BGAs, and customers, please visit its redesigned and enhanced website: https://ipipeline.com/solutions/lifeannuities/.

iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in North America, and life insurance and pensions industries in the UK. iPipeline couples one of the most expansive digital and automated platforms with one of the industry’s largest data libraries to accelerate, automate, and simplify various applications, processes, and workflows–from quote to commission–with seamless integration. The company’s vision is to help everyone achieve lasting financial security by delivering innovative solutions that connect, simplify, and transform the industry.

Since its establishment in 1995, iPipeline has helped protect more than 49 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 advisors, the company collected more than $33 billion in premium in life insurance and $55 billion in annuities in 2022. iPipeline operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the S&P 500® and Fortune 1000® indices. For more information, please visit https://ipipeline.com and select your country of origin.

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