Firelight

Protective Life Insurance Company Launches New Advisory Variable Universal Life Product on FireLight

Retrieved on: 
Thursday, April 18, 2024

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), has selected FireLight to support digital sales and submission processes for its new advisory variable universal life (VUL) product, Protective Investors Benefit Advisory VUL.

Key Points: 
  • Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), has selected FireLight to support digital sales and submission processes for its new advisory variable universal life (VUL) product, Protective Investors Benefit Advisory VUL.
  • “As we build a new market for advisory life insurance, it made perfect sense for Protective to collaborate with Hexure for our fee-based advisory VUL offering as well.”
    With their RIA distributors already using FireLight, Protective saw the value in expanding its FireLight experience to include life products.
  • FireLight e-application, a sales component of the FireLight end-to-end sales platform, provides the flexibility and administrative tools to support Protective’s growing life business.
  • Protective Investors Benefit Advisory VUL issued on policy form VUL-15 9-19 and state variations in all states except New York by Protective Life Insurance Company, Nashville, TN.

Hexure and SuranceBay Announce Partnership to Streamline Can-Sell Check Processes within the FireLight e-Application Experience

Retrieved on: 
Tuesday, April 9, 2024

This collaboration streamlines the can-sell verification process while also enhancing in-good-order (IGO) life and annuity business transactions through the integration of Hexure’s FireLight platform and SuranceBay’s SureLC™ solution.

Key Points: 
  • This collaboration streamlines the can-sell verification process while also enhancing in-good-order (IGO) life and annuity business transactions through the integration of Hexure’s FireLight platform and SuranceBay’s SureLC™ solution.
  • “Missing licensing, appointment, and product training are primary contributors to NIGOs and present significant challenges within our industry,” said Kevin Pohmer, Chief Product Officer for Hexure.
  • “Partnering with SuranceBay enables us to provide tools within FireLight that not only verify eligibility to sell but also provide just-in-time functionality to address requirements.
  • Hexure clients who use SuranceBay can easily activate the SureLC integration by implementing a SuranceBay authentication token within the FireLight admin tool, quickly enabling can-sell checks for their advisors directly within FireLight.

Hexure Named “Best Point of Sale Company” in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, today announced that it has been selected as the winner of the “Best Point of Sale Company” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, today announced that it has been selected as the winner of the “Best Point of Sale Company” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • “Hexure technology amplifies the strengths of any sales team and converts challenges into success with a modern solution that removes bottlenecks and improves client experience.
  • We are thrilled to recognize Hexure’s breakthrough innovation in our 2024 FinTech Breakthrough Awards program.”
    The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.
  • Hexure is the provider of FireLight end-to-end sales platform, ForeSight illustrations, agency life quoter and the Vive term life quote-to-apply solution.

WealthVest Deploys New Distribution Team Representing Aspida

Retrieved on: 
Thursday, March 28, 2024

BOZEMAN, Mont., March 28, 2024 /PRNewswire-PRWeb/ -- WealthVest, a leading financial services marketing and wholesaling firm, announced the launch of a new distribution team to represent their partner Aspida, a life insurance and annuity company. The new, nationwide team will be the exclusive distributor of Aspida's WealthLockSM suite of annuities - available in 49 states - making it easier for broker dealers and financial institutions to provide their clients with reliable, principal-protected retirement planning options.

Key Points: 
  • BOZEMAN, Mont., March 28, 2024 /PRNewswire-PRWeb/ -- WealthVest, a leading financial services marketing and wholesaling firm, announced the launch of a new distribution team to represent their partner Aspida, a life insurance and annuity company.
  • In the Northeast and Upper Midwest, Mark Andelin will serve as the dedicated wholesaler representing Aspida.
  • WealthVest's well-regarded internal wholesaling, new business, product and marketing teams will provide essential back-office support to the new, dedicated distribution team.
  • "The addition of this dedicated wholesale team is another step in enhancing the streamlined, white glove service we provide," said Chad Burns, chief distribution officer at Aspida.

Farmers Life Insurance Selects FireLight e-Application to Deliver a Digital, Accelerated Sales Experience

Retrieved on: 
Thursday, February 8, 2024

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announces that Farmers Life Insurance Company (Farmers Life), has chosen FireLight e-application to provide their distribution partners a streamlined and accelerated e-submission process for their expanding annuity offerings.

Key Points: 
  • Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announces that Farmers Life Insurance Company (Farmers Life), has chosen FireLight e-application to provide their distribution partners a streamlined and accelerated e-submission process for their expanding annuity offerings.
  • Farmers Life selected the FireLight platform to digitalize its annuity paper application to make it easier and quicker for its network of distribution partners and their advisors to access and submit Farmers Life annuity applications for faster contract issuance.
  • Farmers Life will provide advisors with a familiar, straightforward, in-good-order annuity application experience using available FireLight integrations and incorporating its payment processor.
  • FireLight also provides Farmers Life with automation, business rules and features to enhance back-office sales operations and efficiencies.

Hexure Launches New Visualizations Solution

Retrieved on: 
Tuesday, January 23, 2024

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced its new visualizations tool, an interactive graphical product presentation solution.

Key Points: 
  • Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced its new visualizations tool, an interactive graphical product presentation solution.
  • “At Hexure, our commitment to ongoing innovation is at the core of everything we do.
  • “Visualizations make the product story easy to tell and understand providing advisors with a seamless navigation to the next step in the sales journey,” said Jaci Miller, Chief Sales Officer, Hexure.
  • Join the live webinar on Wednesday, February 7, 2024, at 11:00 a.m. Mountain Time to learn more about Hexure’s new visualizations solution: bit.ly/hexure-visualizations-webinar .

Heartland National Life Launches New MYGA through FireLight

Retrieved on: 
Tuesday, January 9, 2024

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced Heartland National Life Insurance company (Heartland National) has implemented FireLight for e-submission of its annuity business.

Key Points: 
  • Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced Heartland National Life Insurance company (Heartland National) has implemented FireLight for e-submission of its annuity business.
  • With FireLight, Heartland National accelerated the launch of its new multi-year guaranteed annuity (MYGA) product while providing its agents and distribution partners a streamlined and efficient way to submit annuity business.
  • "We're excited to announce our new MYGA product and partnership with FireLight for industry-leading enrollment software,” said Heartland’s Chief Marketing Officer, Nick Micheletti.
  • Because the majority of their distribution partners were already using FireLight for electronic business processing, Heartland National can quickly and efficiently deliver easy access to their products, including their new MYGA product.

Hexure and Paperclip Announce Partnership to Enhance Application Data Workflows

Retrieved on: 
Wednesday, September 27, 2023

This partnership will enhance application data workflows and streamlining operations through the integration of Paperclip Mojo , Paperclip VCF and Paperclip SAFE® with Hexure’s sales automation platform FireLight .

Key Points: 
  • This partnership will enhance application data workflows and streamlining operations through the integration of Paperclip Mojo , Paperclip VCF and Paperclip SAFE® with Hexure’s sales automation platform FireLight .
  • “Hexure clients can now seamlessly harness the power of Paperclip solutions to streamline their document supply chain,” said Suzy Tuck, Senior VP of Sales at Paperclip.
  • We’re excited to see this partnership grow.”
    The FireLight and Paperclip integration eliminates the manual data entry processes and increases data integrity by digitizing application and transmitting data securely and accurately.
  • “By integrating FireLight with Paperclip, distribution firms will be able to quickly and securely send application data and documents from FireLight to their agency management systems removing manual friction.”
    Join the live webinar, FireLight + Paperclip: Improving Your Application Data Workflow, on Tuesday, October 17, 2023, at 1:00 p.m.

Hexure and Paperclip Announce Partnership to Enhance Application Data Workflows

Retrieved on: 
Wednesday, September 27, 2023

This partnership will enhance application data workflows and streamline operations through the integration of Hexure’s sales automation platform FireLight and Paperclip Mojo , Paperclip VCF and Paperclip SAFE® .

Key Points: 
  • This partnership will enhance application data workflows and streamline operations through the integration of Hexure’s sales automation platform FireLight and Paperclip Mojo , Paperclip VCF and Paperclip SAFE® .
  • “By integrating FireLight with Paperclip, distribution firms will be able to quickly and securely send application data and documents from FireLight to their agency management systems removing manual friction.”
    The FireLight and Paperclip integration eliminates the manual data entry processes and increases data integrity by digitizing applications and transmitting data securely and accurately.
  • “Hexure clients can now seamlessly harness the power of Paperclip solutions to streamline their document supply chain,” said Suzy Tuck, Senior VP of Sales at Paperclip.
  • We’re excited to see this partnership grow.”
    Join the live webinar, FireLight + Paperclip: Improving Your Application Data Workflow, on Tuesday, October 17, 2023, at 1:00 p.m.

Hexure Acquires Vive

Retrieved on: 
Monday, September 25, 2023

More than 20,000 registered advisors affiliated with more than 55 BGAs use Vive to quote and submit business to these top term life insurance carriers.

Key Points: 
  • More than 20,000 registered advisors affiliated with more than 55 BGAs use Vive to quote and submit business to these top term life insurance carriers.
  • “Vive started, like many insurtech companies, out of a desire to make the industry better with a consistent, complete experience.
  • The Hexure and Vive teams are committed to building a unified platform that continues to support and power leading agencies already using Vive as well as Hexure’s existing FireLight clients.
  • “Hexure is the right partner for us because of their history and deep expertise in annuity and permanent products.