Larry Berran has been named CEO of iPipeline following the all-cash transaction valued at $1.625 billion.
Resonant’s self-service capabilities allow insurers to define, manage products, and operationalize underwriting guidelines in a Microsoft Word-like format.
The former president of WizeHive is tasked with driving iPipeline’s expansion globally through new business acquisition and overseeing overall performance.
FSFG will provide product, training and fulfillment services to banks and broker-dealers who will be using iPipeline’s leading multi-carrier platform for life insurance, annuities or both.
The new desktop solution will provide captive agents selling insurance with comprehensive integrations between the Salesforce Platform, iPipeline’s marketing, selling and processing solutions, and other proprietary applications.
Fallon’s appointment corresponds to iPipeline’s use of the SSG Digital platform to power its new Policy Administration offering PAS+.
The deal will help to fuel organic growth and enable the company to pursue complementary acquisitions that will increase its value to the insurance industry, according to iPipeline CEO Tim Wallace.
Thomas will be responsible for overseeing the organization’s ongoing operations and procedures as well as the overall efficiency of the business.
TCP’s digital Policy Administration System module, used by major insurers in the U.K. and Ireland, offers billing, claims, reinsurance, a policyholder portal, and distribution management.
The electronic application solution, which will automate and accelerate the processing of multiple final expense products, will be made available to over 3,000 producers selling Settlers Life’s products in 36 states.