iPipeline's Agency Integrator Streamlines Data
from Various Sources into One Source to Create Robust,
Meaningful, and Compliant Dashboards for Member BGAs
EXTON,
Pa. and BALTIMORE,
Oct. 11,
2023 /PRNewswire/ -- iPipeline® announces
that LIBRA Insurance Partners, the largest independently owned life
insurance marketing organization (IMO) in the United States, successfully implemented its
Agency Integrator product recently to support the LIBRA
Institutional Insurance Platform (LIIP).
With LIBRA's use of Agency Integrator, critical data from
members participating in the LIIP program is aggregated into one
single source. The aggregated data can then be replicated to
LIBRA's own database and reporting services via iPipeline's
InsureSight® Data Factory, powered by Snowflake.
This will enable LIBRA's LIIP program to create robust,
meaningful, and actionable reports—all while confidently meeting
strict reporting requirements for processing life insurance
business for the financial institution segment of the industry.
LIBRA will now be able to offer this cloud-based integrated
solution to all of its Brokerage General Agency (BGA) members to
significantly simplify and streamline their day-to-day
operations—revolutionizing the way agencies manage, report, and
aggregate data.
With Agency Integrator, LIBRA's BGAs will have the ability to
deliver top-tier service, drive business growth, and accelerate new
business opportunities.
Using Agency Integrator, LIBRA can deliver value to its BGA
members by enabling them to:
- Rely on one source of clean data, which is
aggregated from a variety of different sources,
- Generate comprehensive and meaningful reports and dashboards
that are compliant and meet regulatory
requirements,
- Increase satisfaction with LIBRA financial institution
partners by providing better tools and reporting,
- And spend more time growing their business—and less
time worrying about tracking and reporting.
"We are thrilled to be partnering with LIBRA and look forward to
playing a key role in their digital journey. Through this
relationship, LIBRA's BGAs, regardless of the size of their
business, can now tap into one source of clean and aggregated data
and pull that into their own reporting tools to create meaningful
and actionable reports—all while meeting compliance and regulatory
requirements," said Robert
Powell, Vice President of Wealth Management Sales at
iPipeline. "Our innovative technology helps take the
complicated and make it simpler, better, and faster—so you can
spend less time worrying about manual tracking and reporting, and
instead focus your time on the advanced data-based insights
available at your fingertips and helping you drive your
business."
"As an organization, LIBRA is committed to helping independent
BGAs drive growth, operate efficiently, and produce quality results
for their agents and their clients. We're excited to announce this
partnership with iPipeline—and the possibilities it offers our
BGAs," said Richard Buteau,
Vice
President of Operations at LIBRA Insurance
Partners. "Now, regardless of the size of their business, all
BGAs can streamline their agency operations while gaining a
competitive edge to further grow their business. This powerful
technology will help open doors for our partners and allow us to
add new firms to the LIBRA platform and the financial institutions
they serve."
Click here for addition product information regarding
Agency Integrator.
About iPipeline
iPipeline is a leading global provider
of comprehensive and integrated digital solutions for the life
insurance and financial services industries in North America, and life insurance and pensions
industries in the UK. iPipeline couples one of the most expansive
digital and automated platforms with one of the industry's largest
data libraries to accelerate, automate, and simplify various
applications, processes, and workflows—from quote to
commission—with seamless integration. The company's vision is to
help everyone achieve lasting financial security by delivering
innovative solutions that connect, simplify, and transform the
industry.
Since its establishment in 1995, iPipeline has helped protect
more than 49 million people, and today is trusted around the world
by more than 100 insurance carriers, and providers, and more than
2,500 broker dealers, financial institutions, Brokerage General
Agencies (BGAs), Independent Marketing Organizations (IMOs), and
Managing General Agents (MGAs). Connected to more than 500,000
agents and advisers/advisors, the company collected more than
$33 billion in premium in life
insurance and $55 billion in
annuities in 2022. iPipeline operates as a business unit of Roper
Technologies (Nasdaq: ROP), a constituent of the S&P
500® and Fortune 1000® indices. For more
information, please visit https://www.ipipeline.com and select your
country of origin.
About LIBRA Insurance Partners (LIBRA)
LIBRA Insurance Partners is an insurance marketing organization
dedicated to serving independent insurance producers, brokers, and
financial institutions. Formerly known as LifeMark Partners and
BRAMCO Financial Resources, and through the merger with Insurance
Designers of America (IDA) in 2022, the firm exists to leverage
strategic relationships, expertise and innovation to expand life
insurance distribution for the benefit of all stakeholders. LIBRA
Insurance Partners is dedicated to the ongoing development and
enhancement of resources to differentiate partner agencies from the
competition. Its firms benefit from robust proprietary service
offerings, unparalleled partnership, product expertise and access
to industry-leading resources. To learn more about becoming a LIBRA
partner firm, visit www.LIBRAInsurancePartners.com or call (410)
837-3022.
Media Contacts
Laura
Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com
AdvisorPR for LIBRA
Jill Schofield
702-685-7450
PR@AdvisorPR.com
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SOURCE iPipeline