PerfectQuote Teams Up with Nippon Life to Transform Health Insurance
PerfectQuote Joins Forces with Nippon Life Insurance
PerfectQuote, Inc. is making strides in the group health insurance sector by partnering with Nippon Life Insurance Company of America. This collaboration aims to enhance the digital quoting experience for brokers and agents, providing access to direct, underwritten proposals for various products including dental, vision, life, and disability through PerfectQuote’s innovative platform.
Revolutionizing Insurance Quoting
Since 2018, PerfectQuote has been at the forefront of transforming the quoting process for insurance producers. With its advanced technology, the platform has reduced manual errors significantly and improved the speed of processing proposals by up to 95%. With this level of efficiency, PerfectQuote stands out as a leader, often referenced as setting new benchmarks in digital quoting solutions.
Insights from Leadership
Aaron Snyder, the president of PerfectQuote, emphasized the importance of this partnership, stating that it is a pivotal step towards revolutionizing a sector that has lagged in digital transformation. The collaboration with Nippon Life Benefits will broaden the range of products available to producers, thereby streamlining the distribution of group health offerings.
The Future of Digital Distribution
As the insurance landscape pivots towards digital solutions, carriers like Nippon Life are eager to adopt seamless distribution experiences that cater to both brokers and clients alike. This partnership not only promotes an efficient quoting process but also ensures that producers receive valuable reporting insights necessary for decision-making in sales and underwriting.
Words from Nippon Life Benefits
Joe Mclaughlin, the Chief Business Development Officer at Nippon Life Benefits, expressed optimism about the partnership, highlighting its potential to streamline the delivery of ancillary products to brokers nationwide. This collaboration signifies a mutual commitment to enhancing service quality and innovation in the insurance market.
About Nippon Life Benefits
Nippon Life Insurance Company of America has been a trailblazer in providing innovative employee benefits for over three decades. With a reputation for excellence demonstrated by their AM Best credit rating of A-, they offer a wide range of customizable group ancillary products including dental, vision, life, and disability insurance, all tailored to meet the diverse needs of employers.
About PerfectQuote
Founded in 2017 in Austin, Texas, PerfectQuote was established by brokers for brokers. The company focuses on amping up operational efficiency and enhancing client satisfaction with its cloud-based platform. This technology-driven approach simplifies the process for brokers dealing with commercial group health insurance, catering to small, medium, and large employers alike.
Frequently Asked Questions
What is the partnership between PerfectQuote and Nippon Life about?
The partnership aims to enhance digital quoting for group health products, allowing brokers to access underwritten proposals efficiently.
How does PerfectQuote improve the quoting process?
PerfectQuote reduces manual errors and expedites quoting times by up to 95%, offering a seamless digital experience for brokers.
What types of products are offered through this partnership?
The collaboration provides access to dental, vision, life, and disability insurance quotes for brokers and agents.
How long has Nippon Life Insurance been in operation?
Nippon Life Insurance Company of America has been offering innovative employee benefits for over 30 years.
What distinguishes PerfectQuote in the industry?
PerfectQuote is recognized as a leader in digital quoting solutions, known for setting benchmarks in efficiency and service quality.
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