NEWS FROM VANTIS LIFE INSURANCE COMPANY
For Immediate Release
Contact: Craig Simms
Proprietary Internet System for Banks and Credit Unions is CitedWINDSOR, CT., March 16, 2016 - The Bank Insurance and Securities Association (BISA) has selected Vantis Life Insurance as a recipient of its national 2016 Technology Innovation Award.
"This award recognizes leadership in the advancement of the financial services industry's products, services and platforms through technology innovation," said Janet Huynh, the Association's Director of Membership & Administration. "Specifically, the award highlights the unique Vantis commitment to helping financial institutions offering life insurance through the development and implementation of its AgentWeb 2.0 system."
The Bank Insurance & Securities Association is the leading financial services industry association dedicated to serving those responsible for the marketing, sales and distribution of securities, insurance, and other financial products and advisory services through the bank channel. Members include depository institutions of all sizes, their broker/dealer and mutual fund subsidiaries, third-party marketing companies, product manufacturers and firms providing products, technology or services to support these enterprises.
The Vantis "AgentWeb 2.0" is a purpose-built, Internet-based "quote and submit" process for financial institution-based agents who sell life insurance as only one part of their overall responsibilities.
"These agents needed a system that could help identify a solid life insurance option for an individual customer while at the same time making the process of applying for the insurance simple, fast and error-free," said Craig Simms, Vantis Senior Vice President/Chief Marketing Officer. "We purpose-built this application for the financial institution environment and now it is routinely used by our institutional clients throughout the nation."
"The technology allows the agents to offer a variety of basic, easy-to-sell life products that meet the needs of their core customers," Simms added. "AgentWeb 2.0 offers an intelligent quoting engine to significantly reduce transaction time while guiding the agent and the agent's client to the most appropriate product. The process culminates with a free-flowing, intuitive, error-free e-application and e-signature."
"There is simply nothing else like it in the financial institution space," said Huynh.
About Vantis Life Insurance Company Vantis Life Insurance Company was established in 1942. From its inception, the company's primary goal has been to provide families with affordable life insurance and annuity products available through their financial institution. With $5 billion of life insurance in force, more than $900 million of assets and a rating of A-(Excellent) from A.M. Best, Vantis Life prides itself on providing simple, easy-to-afford products to middle and upper middle income families. Sales and marketing information is available at 1-866-826-8471 or www.vantislife.com/able.