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IN FORCE INNOVATIONPolicy Service Automation
www.meetnic.com | info@ins-connect.comPage 2Seamless self-service capabilities that build trust and meet the current need of distribution. Automate in force illustrations, allow self service of policy changes, and provide deep links to in force policy information.A SINGLE GATEWAY TO CONNECT DISTRIBUTORS & AGENTS TO YOUR POLICY SERVICE TOOLS, APPS AND SUPPORTDEEPER ENGAGEMENT COST SAVINGSIMPROVE RESPONSE TIMESREDUCE ERRORSEASIER TO DO BUSINESSHIGHER CUSTOMER SATISFACTION
www.meetnic.com | info@ins-connect.comPage 3CARRIER CHALLENGES Distributors and Agents are growing increasingly frustrated and demand more technology solutions that make integration with Carriers easier Carriers have invested heavily in policy services tools, apps and websites Adoption and usage is difficult because independent Distributors and Agents do business with multiple Carriers and don’t remember how to access or use the different solutions Carriers have not been able to generate an ROI on this technology spend Carriers continue to support Distributors and Agents through high cost, non-scalable solutionsSINGLE GATEWAY TO ACCESS CARRIER TOOLS, APPS & SERVICES NIC provides Distributors & Agents with a single, secure solution to access in force data NIC has a robust authentication and security scheme for the eco-system to allow rich data to be shared with the right users NIC provides instant access to Carrier’s tools, policy holder services, and data via a secure portal NIC’s solution is very scalable and only requires one-time upfront time commitment from Carriers with very little ongoing maintenance
www.meetnic.com | info@ins-connect.comPage 4POLICY SERVICE AUTOMATION BUSINESS DRIVERSNIC ROIMIGRATE DISTRIBUTORS & AGENTS TO A DIGITAL SELF-SERVICE POLICY SERVICE MODELPARTNER TO DRIVE DIGITIZATION AND BECOME AN INDUSTRY LEADERIncrease Customer SatisfactionReduce Policy Service CostsIncrease adoption and usage for existing technology demanded by DistributionMake it easier to do businessImprove response time, increase retentionExpand your NIC partnership from in force policy data to in force policy services.Leverage NIC’s Distributor & Agent partners and network effect business model to reach the entire independent market.
www.meetnic.com | info@ins-connect.comPage 5 25 years in the Insurtech industry Partnered with the majority of large IMOs & BGAs Over 500,000 independent Agents/Producers 40+ Life Carrier feeds (direct, daily feeds) SOC2 Type 2 Industry fundedRick Hyderick.hyde@ins-connect.com416.727.6066www.meetnic.com