Andesa Services Inc., a provider of policy and plan administration solutions for life insurance and annuity carriers and producers, launched the Integrated New Business Portal, a web-based tool designed to increase efficiency and data accuracy in insurance enrollment and new business processing.
The portal uses rules-based forms to ensure that carriers consistently receive electronic new business data, regardless of the number or complexity of applications, Andesa said. The result is a decrease in costs and manual processes when compared to paper or traditional electronic forms, as well as a head start in the underwriting process.
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