Insurance Technology Featured Article

Guardian Releases e-App with e-Sign for its Disability Income Insurance Solutions Portfolio

January 08, 2013

The Guardian Life Insurance Company of America (Guardian) recently announced the release of e-App with e-Sign for individual disability income insurance solutions portfolios. The web-based e-App service eliminates the need for paper applications, while the e-Sign service eliminates the need for an applicant’s ink signature. Both web-based options work together to ensure optimized processing of income protection applications. The Guardian Life Insurance Company of America is a prominent financial services company specializing in health, life, dental and disability insurance, annuities and investments.

In a statement, Gordon Dinsmore, SVP, Individual Disability Income, said that, “Insurance is a business built on relationships and trust. Especially with a vitally important but complex product like this, it’s imperative that the advisor truly understand the client’s needs and those of the business in order to recommend the right level of income protection. By taking care of all the logistics, e-App frees up the advisor to focus on that relationship with the client, rather than worrying about which forms need to be signed.”

Applying for individual disability income insurance can be a labor-intensive process.  Due importance has to be given to both medical and financial aspects of this process. Along with underwriting requirements, there are a number of specifications as specified by the state pertaining to individual disability income insurance applications. All of these increase the complexities of the process.

Robin MacPherson, VP, Underwriting, and New Business Services for Berkshire Life Insurance Company of America, the Guardian company that issues its individual disability income insurance policy, said that, “By embracing online banking and other convenience-enhancing financial services, Americans have shown that they are increasingly comfortable with managing confidential information online."

Now with the launch of Guardian’s e-App with e-Sign options available, agents and their clients will benefit from – an easy to understand questionnaire-style experience with simple steps which make the application process easy; a system which can pre-populate applications automatically with the current client data and can locate the required forms and compile a complete application package right from the beginning; provides users with the ability to electronically view, sign and witness applications all at the convenience of the client; an easy to use dashboard which allows agents to keep clients updated on the processing of the applications; and offers a faster decision making ability on coverage options available.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Brooke Neuman

Article comments powered by Disqus

Related Insurance Technology Articles

Tennessee Farmers Life Insurance Company Picks Sapiens to Modernize Policy Administration System

Sapiens International Corporation, a provider of retirement and insurance software solutions, has announced that Tennessee Farmers Life Insurance Company (TFLIC) has selected its ALIS policy administration system. [ Read More ]
04/27/2015

New Technologies Make Teens with Smartphones Safer Drivers

Driving with a smartphone can be a welcome addition to a driver's arsenal of tools. Not only can it take the place of a dedicated dash-mounted GPS system, offering turn-by-turn directions and readily updated maps, it can even be put to work as a replacement for radio, offering the best of streaming music while driving. But anyone knows that a powerful tool can be dangerous, and driving with a smartphone has great potential to make for distracted driving. That's a point that can be addressed with… [ Read More ]
04/27/2015

MediaAlpha Launches Direct-to-Quote (DTQ) to Improve Online Consumer Experience

A report released by SNL Financial from data compiled in June of 2014 revealed the insurance industry as a whole spent more than $6 billion in advertising in 2013. While TV, radio and print have limited reach as to how consumers interact with the content, online advertising is the perfect medium to further that interaction into potential sales. And with the increased adoption of smart mobile devices, there are more opportunities for advertisers to create engaging ads that deliver tangible result… [ Read More ]
04/22/2015

Trinity Health Implements athenaOne to Improve Operational Performance and Increase Value to Patients

Trinity Health, a multi-institutional Catholic healthcare delivery system, has entered a partnership with athenahealth, a provider of cloud-based healthcare services, to deploy the athenaOne solution into some of Trinity Health's physician network offices. This solution will effectively help the organization boost revenue, gain valuable insights, streamline patient interactions and reduce administrative work. [ Read More ]
04/16/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!