With an increased focus on innovation in the insurance industry, CSG Actuarial has been following technology trends impacting the market. Electronic applications continue to streamline the sales process, providing agents with a more efficient method to submit applications to carriers.
CSG Actuarial has reviewed 11 electronic applications from market leaders, looking at industry standards and best-in-class practices, along with what could be coming next for the e-app process. This information will be available in a detailed whitepaper coming soon. Interesting examples include:
- 64% of electronic applications reviewed are compatible with an iPad.
- 36% of electronic applications reviewed let an agent complete the application offline, which allows the agent to submit it later when an internet connection is available.
Stay connected to CSG Actuarial for more information on how electronic applications are changing the submission process.