WILKES-BARRE, Pa.--(BUSINESS WIRE)--Howell Benefit Technologies, LLC and Howell Benefit Services, Inc. (HBT) are revolutionizing the use of technology for group insurance quoting, enrollment administration and premium collection and billing services in 50 states.
HBT's technology is designed exclusively for group insurance carriers and producer distribution channels.
HBT's founder and CEO, Roger Howell stated, "We have demonstrated to several of the top 10 group carriers in the country that we have perfected the procurement, enrollment and administration of any health and welfare benefit program they choose to offer."
HBT's web-based platforms leverage internal rating algorithms as well as API data exchange functionality depending on the carriers’ internal level of actuarial and underwriting sophistication.
"Our platforms reduce new case on-boarding expenses by 75% and only require carriers to issue contracts and adjudicate and pay claims; we do everything else," stated HBT's President, Donna Abdalla.
Howell concluded by remarking, "We have leveraged over three decades of experience in selling and administering group insurance plans enabling us to convert the traditional, old school, time consuming process into a digital environment. What has historically required three weeks to quote and close a group insurance sale now enables producers to complete the process in less than an hour. It's the producer, his or her client and our software interfacing which creates the ultimate paradigm for completing group insurance sales."
Howell Benefit Technologies, LLC is an affiliate of Howell Benefit Services, Inc. located in Wilkes-Barre, Pennsylvania which was established in 1983 and specializes in employee benefit consulting. More information about Howell Benefit Technologies, LLC can be found at hbtsoftware.com.