PerfectQuote and Dominion National Join Forces
PerfectQuote, Inc., a frontrunner in group health digital quoting and distribution, has formed a partnership with Dominion National to enhance the accessibility of customizable group dental and vision products. This partnership integrates Dominion's offerings into PerfectQuote's Request-for-Proposal (RFP) toolset, allowing customers to seamlessly access these products.
Streamlined Access to Dental and Vision Products
This collaboration empowers Dominion to connect with a vast network of insurance firms, general agencies, and professional employer organizations. With a service reach spanning approximately 125,000 employers, Dominion is leveraging PerfectQuote's digital distribution capabilities to deliver quotes effectively.
Quotes Made Easy for Brokers
The Vice President of Sales & Marketing at Dominion National, Jeff Schwab, expressed enthusiasm about the partnership, stating, "We are excited to be offering our broker partners another easy way to quote our group dental and vision plans." With the ability to create custom dental plans for groups of two or more, this initiative aligns perfectly with the evolving needs of today’s employers.
Advancements in Digital Distribution Tools
Since launching in 2018, PerfectQuote has been committed to refining its RFP toolset. This commitment allows carriers like Dominion to benefit from an efficient digital distribution experience. The platform ensures standardized case information is effortlessly shared, with carriers able to respond with quotes via email, which streamlines the process and eliminates manual data entry.
Enhanced Sales Efficiency and Analytics
In addition to simplifying quoting, PerfectQuote provides carriers with valuable lead generation insights. This boosts sales efficiency and shortens turnaround times for case management. Enhanced analytics on quote volumes, closing ratios, and regional trends empower sales and underwriting teams to identify and prioritize business opportunities effectively.
Transforming Broker Operations
PerfectQuote also transforms how brokers operate, allowing them to manage the quotation and proposal processes more effectively. This reduces manual, error-prone tasks and can decrease turnaround times dramatically, sometimes by as much as 95%. Brokers can shift their focus to more strategic efforts, improving client relationships and expanding their business portfolios.
Dominion National: A Trusted Partner
Chaz Ripoll, Vice President of Client and Carrier Services at PerfectQuote, expressed the company's excitement in welcoming Dominion as a trusted carrier partner. He noted that this partnership fortifies PerfectQuote’s mission to provide best-in-class support and expand distribution channels for its carrier partners.
About Dominion National
Founded in 1996, Dominion National offers administration of dental and vision benefits to over 800,000 members, including various health plans, employer groups, municipalities, and associations. Their comprehensive services are designed to meet the needs of their diverse clientele.
About PerfectQuote
PerfectQuote, located in Austin, Texas, was founded in 2017 by industry brokers with a vision to enhance operational efficiency and client satisfaction within the commercial group health insurance sector. The company has developed a leading cloud-based quoting software platform that serves brokers and insurance carriers, facilitating seamless interaction with large, medium, and smaller employers.
Frequently Asked Questions
What is the purpose of the partnership between PerfectQuote and Dominion National?
The partnership aims to provide enhanced access to Dominion's group dental and vision products through PerfectQuote's quoting platform, making it easier for brokers to quote these plans.
What benefits do brokers receive from using PerfectQuote?
Brokers benefit from streamlined quoting processes, reduced manual tasks, and improved efficiency, allowing them to focus more on strategy and client relationships.
How does PerfectQuote support its carrier partners?
PerfectQuote enhances digital distribution for its carrier partners by providing analytics, lead generation insights, and a frictionless quoting experience.
What types of insurance products does Dominion National offer?
Dominion National specializes in offering customizable group dental and vision products tailored to meet diverse employer needs.
How can brokers utilize the PerfectQuote platform?
Brokers can use the PerfectQuote platform to request additional coverage lines, compare quotes, and enhance their proposal workflows, improving their overall efficiency.
