Top Canadian insurance carrier licences Global IQX Policy Document Creator

Leading employee benefits insurer to add digital automation generation for all group product documents

Ottawa, Ont., Nov. 4, 2019 – Global IQX, a digital solutions provider for the employee benefits industry, today announced that one of the nation’s largest mutual insurers and a leading provider of employee benefits, has selected the Policy Document Creator (PDC) component to streamline and accelerate contracts, booklets and certificates delivery.

The solution will leverage data from the IQX Sales and Underwriting Workbench after groups are quoted, rated and sold, eliminating data entry for fast consistent straight-through-processing policy document creation. PDC will also leverage a configuration module to create changes when required to further configure documents and provide customized experiences and a higher degree of personalization.

“Our purpose-built employee benefits solutions are designed to support and enhance every touchpoint and allow for an end-to-end digital experience,” said Mike de Waal, Global IQX CEO. “This is our first client to leverage our latest state-of-art component and are we honoured for their continued trust to support their digital transformation.”

The Policy Document Creator is expected to go-live in 45 days.

The latest modular out-of-box software provides a full quote-to-proposal and automated renewal solution for a host of individual, true group and voluntary insurance products while allowing business users to make changes using configuration modules.

About Global IQX

Global IQX offers a suite of business configurable modules and microservices that digitize, streamline and automate new-business and renewal processes for employee and voluntary benefits. It covers true group and experience rating for all group and voluntary products from small to large national accounts. The Global IQX Platform uses AI and powerful rule, content and rating engines to enable dynamic proposal and policy creation, seamless enrollment and automated renewals. API and web services allow for integration into third-party systems. Global IQX supports life, health, AD&D, voluntary, worksite, disability, critical illness, vision, and dental insurance. Global IQX serves some of the world’s largest insurance companies.