After years of stops and starts, an official single entry point for agents to communicate with carriers will come to fruition, reports LexisNexis Risk Solutions, a global provider of content-enabled workflow solutions.
The company, which has established its Risk Solutions division as part of the deal, reports that it has selected FirstBest Systems Inc., as the core technology partner for its new insurance exchange. The FirstBest technology solution will automate intermediary distribution workflow, enabling agents and brokers to submit insurance applications in a one-step, real-time process, and provide access to key market information and analytics for better decision-making, report the companies.
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