Insular Life fuses several technological breakthroughs to sell insurance policies and service customers’ needs especially during the pandemic.
It launched the Virtual Business Enabler platform which allows InLife financial advisers to complete insurance selling without any face-to-face interactions with the client.
“ViBE is a multiplatform system hinged on digital tools and innovative procedures,” said InLife senior executive vice president and chief distribution officer Raoul Littaua.
InLife has started putting in place the necessary technologies since early 2015, such as the automated underwriting system to enable the company to transition its business model into the digital age. The AUS has allowed InLife to quickly render underwriting decisions to life insurance applications in less than 30 minutes.