Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced that it has partnered with Fidelity & Guaranty Life Insurance Company (F&G) to implement Ebix’s WinFlex Web life insurance illustration platform.
Read More: Cornerstone Payment Systems Acquires Move Your Mountain
The partnership will enable F&G to add its products to the WinFlex platform so that third-party distributors can illustrate those products and run advanced sales concepts. WinFlex supports advanced sales features such as split dollar, executive bonus and group carve out. Additional WinFlex features that F&G will benefit from include:
- Full advanced sales capabilities, including product comparisons and composite for multiple clients
- Participation of more than 30 carriers
- No need for software installation or maintenance by end users
- Ability of carriers to register users online
- Usage statistics broken down by producer, by product, and by concept
- Real-time views of usage, trends and more
Steve Sanders, Vice President Life Distribution at F&G, said, “WinFlex is the industry standard for illustration comparisons for life insurance brokerage agencies. The platform not only makes it easier to facilitate the comparison of carrier products, but also improves the overall experience for agents and case design specialists. We are excited to partner with Ebix to bring F&G life products to the WinFlex platform.”
Ash Sawhney, President – Insurance Solutions North America, said, “We are excited that F&G is modernizing its approach to how it offers its products and services to its distribution partners. Our Illustrations platform allows companies like F&G to offer a seamless, convenient experience to its sales channel to pave the way for a faster sale while reducing cycle times and manual processes.”
Read More: Compeat Names Bob Looney as Chief Technical Officer
