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Implementation of Real-time Agents Quote Wizard leading to significant increase of New Business from Agencies

Implementation of Real-time Agents Quote Wizard leading to significant increase of New Business from Agencies

Customer

Leading Global Insurer in USA

Business Context

The customer was using a legacy "Quote Wizard" application for administering sales quotes from a single dealer and limited number of agents registered with that dealer. The legacy application supported only one product, (Term Life). This limited the flexibility that the company wanted, in selling additional products as well as having multiple dealers/agents. The need of the hour was to develop a Web based system to provide fulfillment services to multiple brokers and products that could be accessed real time from any location.

HCL Solution

  • Built a 3-tier MVC architecture based on the J2EE platform, configurable through Oracle tables
  • Application consisted of 2 Primary modules Home Office Interface and Broker/ Dealer Interface
 

Benefits

  • 24x7 access to agents via the Internet
  • Ability to service multiple Broker Agencies
  • Ability to add support for additional products (SPIA, VUL etc) with minimum changes
  • Ability to add additional Broker Agencies with ease
  • Enhanced Statistical Reporting

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