Software Streamlines New-Business Process for Employee Benefits
ORLANDO, Sept. 16, 2015 – Global IQX today unveiled an application that streamlines employee benefits insurers’ business processes by integrating sales management and underwriting functions. Insurance companies that use Global IQX’s Salesforce sales-management software can now access the Global IQX Sales and Underwriting Workbench.
Global IQX is a leading software provider of web-based sales and service solutions for the employee benefits industry.
“As insurers and brokers continue to rely on CRM systems to manage their business, integration with their quoting capabilities is a logical next step,” said Tom Scales, research director for Celent. “Global IQX’s out-of-the-box integration with Salesforce meets the industry’s demand to further streamline the business process.”
Prospect, distribution-channel and client data can now be shared between Salesforce and all Global IQX components. Sales managers, underwriters and other new-business participants can thus create, manage and report all new opportunities in a streamlined way. Fields can be configured and information passed seamlessly between Salesforce and the Sales and Underwriting Workbench.
“Our clients have asked for innovative ways to streamline the new-business process. They’re already collecting much of the same data in Salesforce they use in quoting, rating proposals and renewals,” said Mike Maguire, Global IQX vice president, systems delivery. “Now data can be entered just once, and it can be passed back and forth easily.”
Thanks to the new application, Salesforce’s portal functionality now includes new-business, rating, renewal, reporting, and analytics capabilities.
Global IQX has provided configurable out-of-box solutions for group and ancillary benefits insurance carriers for 15 years. Its rating engine is unique because of its advanced capabilities. Global IQX software produces complex quotes—for multiple products, benefit definitions, rating, classes, divisions and experience—In less than a minute with census data.
These results are why companies have licensed the Global IQX software platform for web-based quoting, rating, proposal generation, and sales and underwriting management, including automated renewal processing, and detailed reporting. All components can be implemented quickly and cost-effectively.
About Global IQX, Inc.
Global IQX, www.globaliqx.com, established in 1999, specializes in configurable, component-based sales and services automation solutions for group benefits insurance organizations. Offered as a complete suite or as individual components, these solutions automate all lines of business across market segments. Global IQX’s innovative 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, with less dependence on IT resources. Clients include many of North America’s largest and most respected insurance companies