22nd May 2013

iPipeline Launch Annuity Electronic Common Quotation Form On Mercury Platform

iPipeline® -- a leading provider of technology services to the UK life and pensions market announced that they have launched an electronic common quotation form for Annuities on the Mercury Platform.

Commenting on the latest enhancements to the Annuity service, Mark Wilson, Director of Marketing & Product Management at iPipeline said, "iPipeline is dedicated to offering excellent retirement planning solutions through innovative technology. With the growing grey market, we have experienced an increasing demand for annuity products. Our enhanced capability enables advisers to research and then select the best annuity product via the Mercury platform to suit their client, quickly and efficiently.”

“We have worked closely with product providers to develop the electronic common quotation form, which allows advisers to deliver enhanced Annuity quotes in seconds. The service boasts excellent usability, and is free of charge to advisers accessing the capability via iPipeline’s Assureweb Product, saving them money and reducing the amount of time spent processing business. The capability can also be integrated with third party platforms to further enhance the adviser experience”

The online service includes extended medical questions as set by providers, allowing real time quotes to be returned in seconds. Providers presently participating are Aviva, Just Retirement LV=, and Partnership, with others expected in the coming months.

At a time when other services are charging fees for quotation services, iPipeline’s affordable and comprehensive offering proves to be an cost-effective solution among advisers for all their clients’ annuity needs.

As well as investing in traditional capabilities, iPipeline is offering a range of next-generation solutions from their US parent, including XRAE® (Field Underwriting), iGO e-App®, PolicyEX® (e-Policy delivery) and PolicyHS® (policy holder services solution). iGO e-App promises to revolutionise the Annuities industry through the use of an intelligent, rules-based electronic application that eliminates errors, accelerates processing, and delivers speed-to-market advantages.

To learn how you can implement iPipeline’s solutions to support the marketing, selling and processing of life and pensions products, contact sales@ipipelineUK.com or call 0845 408 4022.

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