SBLI has selected Techficient as its partner for product digitization
Techficient and SBLI are partnering to transform the life insurance process, creating 100% digital products powered by advanced technology to guide users through the purchasing process. The Techficient platform utilizes AI, predictive data, and advanced data underwriting to significantly increase placed business, making the process easier. This partnership also provides SBLI with a modern digital experience that enables life insurance professionals to expand their customer base and enhance their effectiveness.
“Our partnership creates a significantly improved life insurance journey, which drives better outcomes. SBLI is a phenomenal partner committed to a ‘no-nonsense’ approach to providing quality life insurance products with the best possible process. We are pleased with the early results and excited about what we will deliver in the future,” stated Todd Ruplinger, CEO of Techficient.
Techficent and SBLI have delivered a user-friendly digital protection journey that supports the entire process from quoting to policy issue, creating a simpler and faster underwriting process. This gives customers the ability to acquire coverage quicker with a choice of their buying experience. Techficient’s cutting-edge platform leverages AI, predictive data analytics, fraud detection, and data-underwriting not only to issue a policy more effectively but also to align customers with the proper life insurance protection.
With Techficient’s partnership, SBLI just launched its first term product, EasyTrak Digital Term Life which allows agents and their clients to digitally apply and instantly issue a term life policy without any medical exams or APS records through a seamless buyer process.
“This exemplifies our shared dedication to modernizing the life insurance process and expanding protection availability. We look forward to continuing not only our partnership with Techficient but our transformation within the SBLI product suite to deliver a best-in-class experience that helps more people obtain financial protection they need,” said Wade Seward, SBLI Senior Vice President and Chief Distribution Officer.