Fort Dearborn Life Insurance Co. has licensed the Global IQX software platform to provide capabilities for Web-based quoting, rating, supporting proposal generation, renewal management and detailed reporting.

Fort Dearborn Life offers both employer-paid and voluntary group insurance products designed to improve the quality of employee benefit programs and meet the recruiting needs of employers and the security needs of employees. Fort Dearborn Life also provides individuals planning for retirement with an attractive line of fixed and index annuity products.

The carrier chose Global IQX as the best scalable solution to support the company’s vision of their Prospecting Automation System for its group insurance business. The System’s scope includes the design, implementation and testing of a packaged rating and quotation solution and its associated processes for supporting Fort Dearborn Life’s group dental, disability, and life insurance products for both proposal and in–force business.
The project scope also includes extracting data for use in other Fort Dearborn Life systems as well as quoting by other sales partners.

Work already has commenced on the project, and it will be completed in various phases in 2009 and 2010.

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