C2L BIZ, a leader in digital distribution solutions, today announced the availability of Sales Illustration as-a-service, that can help Insurance carriers, generate New Business and Inforce Illustrations, to improve customer experience thru informed decision making. The service includes capabilities that can help Insurance carriers increase speed to market for new product launches, improve customer engagement, enhance distributor productivity, achieve higher performance thru digital adoption, at significantly reduced implementation cost.
“In today’s digital age, ability to engage with the customer using any device is in connected and disconnected mode, with unique branding of distribution partners, is key to improve distributor and customer experience,” said Mandar Tirodkar, Chief Architect and Product Head for C2L BIZ. “We strive to continuously enhance our solution capabilities to provide our clients with an ability to innovate, while always remaining regulatory compliant”.
The ability to generate illustration in the language of choice, with solvers and non-face-to-face collaboration for customer engagement, that can operate consistently across diverse digital platforms, is a critical need for Insurance carriers to improve distributor and customer experience.
Some of the highlights of Sales Illustration include:
+ Supports New Business and Inforce Illustrations
+ Unified product configurator and Illustration modeler for Life, Annuity, Pension, Health products, and Riders
+ Availability in connected and disconnected mode across diverse digital platforms
+ Supports multi-language user interface and outputs
+ Automated Regression testing tool for quick launch
+ Customer engagement tool(“Solvers”) for effective sales objection management and informed decision making
+ Support for Joint life, multi-lives products, and combo offering
+ Out-of-box API’s for integration to Portals, PAS, etc.
“These features have been put into use by our clients to improve producer’s productivity, with improved customer engagement. Some of our customers configure products on their own as the Product configurator is simple to use and intuitive,” commented Bhavesh Lalan, Co-founder, Chief Technology, and Product Officer of C2L BIZ.
The Product Configurator is used by over 30 insurers and has already configured over 600 plans, 1,000+ riders, 10 solvers, and generated over 30mil Illustrations
About C2L BIZ:
C2L BIZ, an InsurTech company, with state-of-the-art products focused on Digital Sales, Distribution Compensation Management, Underwriting, and Claims Management. Combining domain expertise and focus on business outcomes, we have transformed the Sales and Distribution operations of over 40 Insurers across 12 countries, powered by a highly configurable, low code SymbioSys product suite. With over a decade of driving innovation, Insurance companies trust C2L BIZ to deliver technologically advanced solutions to improve competitiveness, customer and distributor experience.
Learn more about C2L BIZ at www.c2lbiz.com