EXPERIENCE THE BENEFITS

For more than 15 years, Global IQX has been improving the bottom lines of some of North America’s largest insurance companies through its state-of-the-art underwriting software. Our configurable underwriting, sales, and services automation solutions streamline and optimize business processes for true group, voluntary and worksite benefits.

Offered as a complete suite or as individual components, this innovative technology can automate one or all lines of business of any size, improving efficiency and enhancing customer relationships.

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Product Overview

Global IQX® Platform

Components

Configuration

configuration_modules

Features

Straight-through-Processing

Straight-through-Processing

Global IQX’s production-proven software platform increases operational efficiency and reduces costs while promoting improved communication and interaction within and across departments. Developed and delivered by a team with deep group insurance domain expertise, our solutions allow business users more control and configurability with less dependence on IT resources.

Sales and Underwriting Workbench

Sales and Underwriting Workbench

Rule-based modular suite that streamlines the procurement fulfillment and renewal process. Industry leading out-of-box solution from individual to large groups (100,000+ with census data).

Configure

Change rules, rates, formulas, validation, hierarchy, reports, illustration templates even instances, just to name a few.

Insurance Exchange

Using the same technology Global IQX also powers multi-carrier (SEMCI) quoting and rating from individuals to groups over 100 employees for all benefits. (Life, ADD, STD, LTD, Health, Medical Dental etc).

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Global IQX® Components

Quoting & Rating

Global IQX Quoting and Rating automates the quoting and rating process for Group and Employee Benefits Insurance Carriers. Dynamic web pages and SMART functionality guide sales and underwriting departments through the quoting lifecycle; contributing to higher conversion rates and to lower distribution, maintenance, and support costs. Learn More…

Automated Underwriting and Renewal

Global IQX Automated Underwriting and Renewal (AUR) is an exclusive renewal solution that initiates the policy renewal process prior to renewal effective dates based on lead-times. It integrates with existing systems or can be used as part of the IQX Sales + Underwriting Workbench. Learn More…

Proposal and Document Management

Proposal and Document Management (PDM) supports users across the IQX platform with the key documents required for quoting, rating, proposals, enrollment, renewals and reporting. Editable templates ensure quotes and letters are compliant with the look and feel of product and regulatory requirements, as well as your organizations brand.Learn More…

Enrollment

IQX Enrollment provides end-to-end administration of the group application and employee enrollment process for group insurance and optional voluntary benefits, from the quoting life cycle, to enrollment and on-boarding. Learn More…

Individual Medical Underwriting

This innovative application automates underwriting for individuals and group plan members. Powered by the IQX Rating and Rules Engines, medical enrollment forms and questionnaires are completed online and submitted to underwriters for approval or assessment. Learn More…

Analytics

Measure and analyze sales and service metrics with IQX Reports to develop strategies and improve sales performance. This query tool enables administrators to retrieve Year-to-Date and Rolling-12-Month sales performance reports based on group size, premiums, distribution/sales channel, and underwriting channel. Learn More…

What others are saying

We want to make it easier for our brokers and agents to do business with The Principal. We choose to partner with Global IQX because they offered us a proven cost-effective method of streamlining the insurance quoting and enrollment process.

Charles WeisbeckerVice President of Relationship, Principal Financial Group

We selected Global IQX due to their vast industry expertise and the successful, long-term relationships they have built with their clients. We believe their sophisticated software platform will provide us with the ability to improve selling relationships with our current agents and brokers while attracting new distribution partners who are on the forefront of technology.

Cynthia L. LightVice President, Marketing and Sales Shenandoah Life Insurance Company

In our search, it was also very important that the vendor of choice follow industry standards that will not only easily integrate with our existing technology investments but also provide a business enabler. Global IQX has this experience and is on the forefront of XML standards in the employees benefits industry.

Dr. Catherine Aczel BoivieSenior Vice president, Information Technology Pacific Blue Cross

We choose to work with Global IQX because they have a very solid and compelling technology platform with a proven track record of deploying sales and underwriting systems in the group benefits industry. The Global IQX system will enhance our quoting process, giving us the ability to quote all Fort Dearborn Life products under one system. It will also provide improved reporting capabilities, allowing us to better analyse business metrics.

Len ServedioVice President of Information Systems
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