Brokers' Service Marketing Group (BSMG) and tioTERM, BSMG’s web-based life insurance platform designed for writing term life insurance, are partnering with Laser App Software, a provider of forms automation and management software for the securities and insurance industries.
According to BSMG, the integration of Laser App Anywhere will enable customizable, straight-through processing of term life applications and policy management.
Laser App says the platform is a web-based, mobile forms-filling solution for financial advisors and insurance agents to conduct and process business from any location. Through the integration, producers can automate the operational workflow of insurance policy determination, pre-qualification and quote generation, application, drop-ticket submission, e-signing, policy management and delivery.
tioTERM plans to leverage Laser App’s more than 35 customer relationship management system integrations, saving producers and BGAs both time and resources, says Laser App. Producers also can pre-fill life applications by transmitting client information from tioTERM directly into Laser App Anywhere. These two options allow the BGA and producer to choose their own way to process term insurance applications, using either the tioTERM fulfillment center or the back office of the producer’s BGA or broker-dealer.
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