National Western Life Adds New iPipeline Solutions to Increase Domestic Sales

New Illustration Integrator and Disconnected iGO e-App to Speed Domestic Sales of Life and Annuity Products

EXTON, Pa.--()--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 straight-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.

Contacts

iPipeline
Lisa Bollinger, Marketing, 484-870-6234
lbollinger@ipipeline.com

Release Summary

iPipeline announced National Western Life deployed its new Illustrations Integrator and Disconnected iGO e-App solutions for life and annuity products in the US.

Contacts

iPipeline
Lisa Bollinger, Marketing, 484-870-6234
lbollinger@ipipeline.com