iPipeline Named a Distribution Leading Vendor in Life Category of Celent Report

iPipeline Captures 57% of the Software Deal Volume in the Life/Health Metacategory for North America

EXTON, Pa.--(BUSINESS WIRE)--iPipeline™, a leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and agents, today announced it led the Life/Health Metacategory for Distribution in Celent’s Insurance Software Deal Trend Report with more than 57% of the Deal Volume. iPipeline also ranked 4th among the top ten vendors in the 2011 “Traction Index,” which Celent determined by a weighted score measuring the volume and type of agreements software companies secured for the performance period. iPipeline also led in the Life/Health Metacategory in Celent’s 2009 and 2010 Insurance Software Deal Trend Reports.

“Carriers and distributors value solutions partners who focus on the insurance vertical and demonstrate a long-term commitment to it. All else being equal, we believe that most carriers will benefit from leveraging the experience of leading vendors like iPipeline.”

"iPipeline’s vision is to transform ideas into solutions that revolutionize the insurance and financial services industry. Our initiative to solicit ideas from customers based on their strategic business objectives has resulted in an expanded on-demand platform with 8 product lines and more than 30 products that deliver the industry’s most integrated user experience,” said Tim Wallace, CEO, iPipeline. “Receiving validation again from Celent’s research for our 2010-11 sales accomplishments speaks volumes to the appeal of our solutions. Demand is unprecedented, and iPipeline is at the core of a positive change in how the industry markets, sells and processes insurance.”

"For the third consecutive year, Celent extends its congratulations to iPipeline for being named as a Distribution ‘Leading Vendor’ in the Life/Health category,” said Karen Monks, Business Analyst with Celent’s Insurance Group. “Carriers and distributors value solutions partners who focus on the insurance vertical and demonstrate a long-term commitment to it. All else being equal, we believe that most carriers will benefit from leveraging the experience of leading vendors like iPipeline.”

To learn how you can implement iPipeline’s solutions to support the marketing, selling and processing of insurance and financial products, contact [e-mail] or call 1-800-758-0824, option 2. View our recent Webcast “Selling Insurance in a New Digital World” by clicking here, and read our CEO Blog today.

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, agency management, and 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 200 carriers, 1,300 distributors, and 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.