Brand-new products enhance value of ConnectInsure portal for insurance professionals
Ottawa, Ontario — May 7, 2002
Global IQX Inc., developer of the ConnectInsure Web-based quoting service that enables insurance brokers and consultants to conduct online quotations and enrollment transactions, today announced that Green Shield Canada small business group benefits products are now available at ConnectInsure
“Bringing Green Shield’s products to ConnectInsure is a perfect marriage of small group benefits and streamlined technology for today’s insurance professional,” said Gren MacDonald, vice-president of sales and marketing for Green Shield Canada. “ConnectInsure is positioned to become a total broker solution by offering the ability to access multiple online quotes in real-time and by offering great value-add products.”
Green Shield Canada’s new comprehensive range of products for the small group market will provide employer groups from five to 30 lives with flexible plan designs, featuring Green Shield pay direct drug and dental cards, improved employee booklets, competitive regional rates and numerous value-added benefits.
“We are excited to bring Green Shield Canada’s newest product line to the ConnectInsure Web site,” said Michael de Waal, president and founder of Global IQX. “As one of Canada’s long-standing group and individual health and dental care specialists, the addition of Green Shield will enhance the value of ConnectInsure as a comprehensive tool for the insurance professional.”
This marks the implementation of an April 2001 agreement between Global IQX and Green Shield Canada to provide brokers and agents with online, real-time group insurance quotes.
Currently, over 1,000 licensed insurance brokers and consultants in Canada are registered with ConnectInsure, a Web-based application powered by the IQX Platform. Available free of charge, ConnectInsure provides plan advisors, brokers and other certified benefit planners access to an instant quoting service online. Traditionally, benefit advisors and brokers have needed four to six weeks to gather the detailed information for a client quote and presentation. ConnectInsure delivers all the same information in a few minutes.
Green Shield Canada
Green Shield Canada is a national not-for-profit corporation specializing in the administration of health and dental benefits. Incorporated in 1957 in Windsor, Ontario, where the head office and central processing facility is located today, the company gained a federal charter through a special act of Parliament in 1992. Green Shield Canada provides a broad range of services and products to individuals, associations and groups across Canada. The company has offices in Toronto, Ottawa, London, Windsor and Vancouver. For more information, please visit http://www.greenshield.ca/.
About Global IQX, Inc.
Global IQX, established in 1999, specializes in configurable, component-based sales and services automation solutions that streamline and optimize business processes for North American group benefits insurance organizations. Offered as a complete suite or individually, these solutions automate rating, underwriting, renewal and enrollment supporting all lines and market segments. Global IQX production proven solutions increase operational efficiency and reduce cost while promoting improved communication and interaction within and across departments. Developed and delivered by a team with group insurance depth and experience, these solutions give business users more control, with less dependence on IT resources. Clients include many of North America’s largest insurance companies.