Thursday, May 9, 2024

Allianz Life and Ensight Innovating Inforce Policy Management

My PolicyPro, a new market-leading inforce policy servicing digital experience developed in partnership with Ensight, was released on Allianz Life Insurance Company of North America inforce Fixed Indexed Universal Life (FIUL) policies. My PolicyPro will help drive better management of policies for stronger client financial outcomes.

With the introduction of My PolicyPro, an interactive tool powered by the Ensight technology platform, financial professionals, and clients can now monitor their inforce policy values and other policy information as easily as they check their bank accounts. Ensight is a leading Life, Annuity and LTC digital experience platform in the United States. The powerful tool offers anytime, anywhere access to policy goals, values, and features, providing an extensive view of policy performance over time.

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“The My PolicyPro experience will enable financial professionals and clients to make more informed decisions about their insurance policies and achieve their financial goals,” said Jason Wellmann, senior vice president of life insurance distribution, Allianz Life. “This is part of our commitment to use fintech innovations to make the process of managing a life insurance policy easier for everyone.”

With My PolicyPro, financial professionals and clients will be able to review:

  • Policy values as of their most current annual statement, and, overtime, how policy values change year-over-year
  • How their current policy values are allocated
  • Descriptions of the riders available
  • Annual policy activity including premium paid, charges, and credits

“We are thrilled to partner with Allianz Life to help transform the inforce client servicing experience,” said Bill Unrue, CEO of Ensight. “My PolicyPro is a game-changer for the life insurance industry and will provide advisors, producers, and clients with greater visibility and control over their policies, as well as aiding stronger retirement planning.”

My PolicyPro is now available to financial professionals who are appointed with Allianz Life and clients who own certain products. The tool is accessed through their online account with Allianz Life.

SOURCE: PRWeb

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