ATLANTA, Oct. 4, 2017 /PRNewswire-USNewswire/ -- The Life Insurance Direct Marketing Association (LIDMA) is pleased to announce Paperless Solutions Group has met the qualifications for the two new Seals of Approval for Voice Signature and Straight Through Processing. The Seals of Approval were presented at LIDMA's 14th Annual Fall Meeting & Business Showcase, which took place in McLean, Virginia.
The LIDMA "Seal of Approval" was developed by affiliated life insurance companies, technology & service vendors, attorneys, and producers to demonstrate compliance with articulated process requirements around e-Delivery, e-Signature and Voice Signature. The LIDMA Seal of Approval has become a standard-bearer for a consistent approach to process improvement and positioned LIDMA as the leading life insurance organization in e-Process initiatives.
"The goal of LIDMA is to serve as a catalyst in the life insurance industry to enhance the buying experience and efficiently get more life insurance protection in force for the families and businesses that need it," said LIDMA President Shervin Eftekhari. "Seal of Approval recipients are doing their part to make the entire life insurance industry better."
Paperless Solutions Group is the first company to earn the Seals of Approval for Voice Signature and Straight Through Processing from LIDMA.
The 2017 LIDMA Seal of Approval category recipients are:
E-Signature
- iPipeline
- Paperless Solutions Group
Part 2 Data Collection – Call Center
- APPS / Portamedic
- EMSI
- ExamOne
Part 2 Data Collection – Mobile
- APPS / Portamedic
- EMSI
- ExamOne
E-Delivery
- iPipeline
- Legal & General America
Straight Through Processing
- Paperless Solutions Group
Voice Signature
- Paperless Solutions Group
"Our 2017 Seal of Approval recipients represent the best of our industry in advancing eProcess improvement initiatives as a way to streamline operations, increase bottom line – and most importantly - deliver life insurance policies for households and businesses faster," said Eftekhari.
Seal of Approval applications are available now at www.lidma.org. The LIDMA Seal of Approval is available to LIDMA Member companies. Recipients hold the distinction for a two-year term.
Eftekhari added, "We will continue to adapt the LIDMA eProcess to take advantage of new technologies and ideas, and award our Seal of Approval to innovative, forward-looking companies."
About LIDMA
LIDMA is the primary association dedicated to supporting businesses and professionals active in direct sales of life insurance products to consumers – the fastest growing sales segment in the life insurance industry. The not-for-profit organization is committed to helping members boost their revenues and reduce costs.
For more information, visit www.lidma.org.
SOURCE Life Insurance Direct Marketing Association
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