SOURCE: Global IQX

Global IQX

March 22, 2016 10:47 ET

Fortune 100 Insurance Company Selects Global IQX to Streamline Group Sales and Underwriting

Global IQX Quoting and Rating Software Will Enable Seamless Sales and Underwriting for Top Insurer

OTTAWA, ON--(Marketwired - March 22, 2016) - A major US insurer has chosen Global IQX's group and employee benefits software. The Global IQX platform will optimize the company's quoting and rating process for various group benefits, including optional and voluntary products, and will integrate with the carrier's Salesforce CRM system to create a seamless sales and underwriting environment.

The carrier will streamline new-business processing, as it's already collecting much of the same data in Salesforce required for quoting, rating proposals and renewals. Now, data will be entered just once and passed back and forth easily. The system will be used by field offices and agents.

One of America's oldest and biggest insurers, the client is "an icon in the industry," according to Global IQX founder and CEO, Michael de Waal.

Global IQX delivers a Web-based, end-to-end software solution for insurance underwriting and sales automation for some of the world's largest and most-respected insurance companies. It provides quoting, rating, proposal generation, enrollment, and automated renewals for insurers that offer employee, group and ancillary benefits. The powerful quoting and rating engine, with smart features and a fully configurable suite of components, is the premier choice for carriers looking to improve efficiency across their entire organization.

The development deal highlights the industry's continued shift toward innovative technology and automation tools--a trend that de Waal believes presents a tremendous opportunity for carriers.

"Insurance companies are now addressing the group insurance space by adopting flexible and scalable technology to ensure that their business is optimized for a fast-changing competitive marketplace," de Waal said.

Global IQX delivers a web-based, end-to-end software solution for insurance underwriting and sales automation for some of the largest and most respected insurance companies across the globe. It provides quoting, rating, proposal generation, enrollment, and automated renewals for insurers that offer Employee, Group and Ancillary benefits. The powerful quoting and rating engine, with Smart features and a fully configurable suite of IQX components, is the premier choice for carriers looking to improve efficiency across their insurance organization.

The recently updated Global IQX platform boasts many new features and functionality, including a plug-in manager, an enhanced product builder and a CRM integration tool. These upgrades will increase the ROI that Global IQX customers already experience and help streamline operations to reach more customers, faster.

"We're getting a lot of attention for our latest enhancements," de Waal said. "We have four existing clients in the queue for new components or upgrades as well the new-client signing. It shows that our continued investment in R&D is paying off."

About Global IQX Inc.

Global IQX develops configurable, component-based sales and services automation solutions for group benefits insurers. Offered as a complete suite or as individual components, the Global IQX platform supports all lines of business across all market segments. Developed and delivered by a team with deep group insurance domain expertise, the fully configurable technology platform gives business users more control, with less dependence on IT resources. World-leading insurers trust Global IQX (www.globaliqx.com) to power their business.

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